08/01/2019
Hong Kong hedge funds are particularly affected because they use Cayman investment managers, while offshore management companies have been less popular among European managers in recent years, according to Bloomberg.
07/30/2019
The African island nation is the main provider of foreign direct investment (FDI) to India and also the preferred jurisdiction for Indian outward investments into Africa.
07/25/2019
Addressing lawmakers last week, Sitharaman said FPIs could restructure their trusts as companies to avoid the surcharge.
07/17/2019
The Securities and Exchange Board of India, or SEBI, has always been suspicious of the source of capital for hedge funds investing in India from Singapore or Hong Kong
07/16/2019
In her budget, finance minister Nirmala Sitharaman proposed a tax increase of 3% for individuals with an annual income of of between Rs 2 and 5 crore, and 7% for those earning more those earning more than Rs 5 crore
07/16/2019
After the banking crisis, 10 countries suffered losses in excess of USD100 billion every year through tax evasion, according to 2011 data from the Tax Justice Network.
07/12/2019
The surcharge, popularly known as a "Robin Hood" tax, will help fund the government's development spending
07/07/2019
The new rate will include 25% surcharge on income between Rs 2 crore and Rs 5 crore, and 37% on income exceeding Rs 5 crore in a year
07/04/2019
Inheritance tax was abolished in 1985. But fearing its return, rich professionals and businessmen are flocking to tax consultants to set up trusts to avoid the tax.
06/20/2019
It's tax time again: time to start filling out the form or foisting figures and a bunch of receipts on your accountant.
06/11/2019
The prime minister is seeking to end Pakistan's rampant tax evasion as he secures a major IMF bailout.
06/10/2019
Officials expected to voice support for interest rate cuts
06/07/2019
Couples can also benefit combined if one couple earns significantly more than another partner.
06/07/2019
So tax dodgers without a travel document yet can apply for one and leave before the travel ban paperwork has been completed.
06/07/2019
The CCA declined to order a fresh trial because of their age, “they would both be in their 70s at the time of a new trial”, and because of the length of time that had elapsed since the offences occurred.
06/06/2019
The J5 was formed a year ago because of growing concern that tax avoidance, cybercrime and cryptocurrency abuse were escalating as criminals exploited differences between national tax laws.
05/28/2019
The investigation targeting Hyundai Department Store is regarded as a regular rather than in-depth investigation.
05/22/2019
The niggling suspicion of global investors that they could lose billions to policy fickleness is far from allayed
05/21/2019
Thailand single-country equity products have posted strong long-term returns as the country now awaits the result of political horse-trading.
05/16/2019
Offshore tax evasion has been on the rise in recent years