Country-by-Country Reporting – Notification Deadline

Under section 58H of the Inland Revenue Ordinance (Cap. 112), a Hong Kong entity of a reportable group is required to file a notification in relation to country-by-country (“CbC”) reporting for an accounting period. The notification must be filed within 3 months after the end of the relevant accounting period (“notification deadline”).

Recognising the recent COVID-19 pandemic situation, the Hong Kong entity and its service provider is required to submit the notification via the CbC Reporting Portal on or before 1 June 2022 for the relevant accounting period ended between 31 December 2021 and 28 February 2022.