Hong Kong Tax Agency Issues Circular on Block Extension Regime Filing Obligations for 2025-2026 Returns

The Hong Kong Inland Revenue Department March 19 issued a circular on filing obligations for the block extension regime, for 2025-2026 tax returns. Topics covered include: 1) obligations for authorized tax representatives to confirm written authorization from taxpayers concerning extensions, and, from April, to electronically file block extension applications or notifications for profits tax and individual income tax; 2) the lack of the obligation to apply for a block extension concerning taxpayers for which notifications were received before Feb. 20, if no changes; 3) extended profit tax return deadlines of Aug. 17 and Nov. 16 for accounting codes D and ...