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Hong Kong completes the first digital RMB tax payment

October 30, 2021
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According to news on October 30th, a few days ago, Mr. Chen, from Hong Kong and starting a business in Shenzhen, declared his personal income tax for September at the Tax Service Office of Qianhai Taxation Bureau and successfully used the digital renminbi. Taxes are paid.

This is the first case of Hong Kong individuals using digital renminbi to pay taxes in Shenzhen. It marks that the Shenzhen Municipal Taxation Bureau has taken an important step in exploring the digital renminbi tax payment scenario. It also means that Shenzhen and Hong Kong are promoting cross-border payment. The tax business has entered a new stage.

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