CARF

  • Hong Kong Carried Interest Tax Concession: Beyond Private Equity

    On 12 August 2026, Hong Kong’s Financial Services and the Treasury Bureau (FSTB) answered media enquiries about the preferential tax regime for carried interest and used the reply to draw a boundary. Under the current Schedule 16D, the 0 per cent profits tax concession applies to eligible carried interest received by a qualifying person from…

  • CARF: The New Global Tax Reporting Framework for Crypto

    Introduction The Crypto-Asset Reporting Framework (CARF) represents a fundamental shift in how crypto-asset transactions are reported across borders for tax purposes. Developed by the OECD and endorsed by the G20, CARF establishes a common standard for automatic exchange of information about crypto-asset transactions – similar in scope to the Common Reporting Standard (CRS) that transformed…