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Inland Revenue Amendment Bill 2026 Enacted in Hong Kong, Key

Inland Revenue Amendment Bill 2026 Enacted in Hong Kong, Key

Photo: Coinfomania

Hong Kong's new crypto tax reporting law takes effect in 2027. Here's why it matters for service providers and investors. Hong Kong’s Legislative Council has enacted the Inland Revenue (Amendment) (Crypto-Asset Reporting Framework and Amended Common Reporting Standard) Bill 2026 on November 4, marking a significant step in crypto regulation. This new law requires crypto-asset service providers to start collecting transaction data in 2027, with automatic exchanges of tax information beginning in 2028. As reported by WuBlockchain , this move aims to strengthen international tax transparency and combat tax evasion.

Source: Coinfomania

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