As set out in the revised DIPN 47, the measures to protect confidentiality and the right to privacy provided for in the rules on tax administration (disclosure of information), such as the reporting and verification system according to which taxable persons have the right to be informed of the exchange of information and to request a change in the information to be exchanged, etc., also apply to TIEAs and CDTAs. The HK-US TIEA essentially follows the OECD TIEA model with some modifications. There is no significant difference between the HK-US TIEA and the global double taxation agreements (TDAs) that Hong Kong has concluded so far with regard to the volume of information exchange and the guarantees of confidentiality and data protection. As the push for greater tax transparency continues to increase and the automatic exchange of information (EEO) is now becoming the newest international standard for EoI, the EoI regime is expected to evolve in Hong Kong. Multinational companies carrying out cross-border operations/operations should remain adapted to the evolution of this sector and be prepared to assess the potential impact of the changing EIA landscape on them. . . .