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Hong Kong added to the EU list of non-cooperative countries and territories for tax purposes

Hong Kong added to the EU list of non-cooperative countries and territories for tax purposes

Published: 04 Nov 2021

With effect from 5th October 2021 Hong Kong has been added to the EU list of non-cooperative countries and territories for tax purposes. 1. Hong Kong has been on the EU watch list for tax purposes since 5th October 2021 The list is designed to combat tax fraud, tax evasion, tax avoidance, and money laundering. By doing so, the EU pursues the enforcement of diligent practice in cross-border tax st...

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