01/24/2019
The news of a possible “Expatriation Tax” in China caused significant debate as well as panic among the HNWIs interested in emigrating or who had already emigrated overseas.
01/24/2019
Take the British Virgin Islands, which is a tax-free jurisdiction.
01/21/2019
According to Lim's breakdown, revenue collected from income tax other than petroleum contributed RM116.953 billion or 85.35% of the total collection last year.
01/18/2019
One of the authors of the report, John Glover, a professor of law at RMIT, told the ABC that Australia was behind other countries when it came to the regulation of trusts.
01/18/2019
The record turnover was the global firm’s highest growth rate in six years, driven by broad-based growth of 9.4% across the network.
01/17/2019
Former lawmaker Birendra Mahato and his brother Upendra Mahato, Nepali Congress member Rajendra Bajgain, controversial businessman Ajeya Raj Sumargi, Mercantile CEO Sanjib Raj Bhandari, Chaudhary Group MD Arun Kumar Chaudhary, Hotel Malla Chair Rama Malla
01/17/2019
All of the four Hong Kong-listed companies but Sunac cited succession planning as the purpose of the transfers.
01/16/2019
Sunac’s founder Sun Hongbin, Longfor’s Chairwoman Wu Yajun, and the magnates of Dali Foods and Zhou Hei Ya all transferred their wealth to trusts
01/16/2019
The People’s Bank of China pumped in a net 560 billion yuan ($83 billion) into the financial system on Wednesday, the biggest one-day addition on record.
01/10/2019
China's tax regulations are tightening, but some preferential policies for non-Chinese tax residents will be kept and even added under the new law.
01/10/2019
Prudence dictates that any decision to avail of the GTA should be based on a thorough and well-thought-out cost-benefit analysis.
01/08/2019
Under the change, holders of, or those who have de facto control over an overseas financial account with 500 million won ($446,000) or more in countries with which Korea has no tax treaties, will no longer be able to avoid regular tax filings.
01/03/2019
Anxiety over how the new rules will be enforced has already triggered a flood of Chinese clients seeking to create overseas trusts.
01/02/2019
The DOF said the BIR as of November has seized 5,227 mastercases of fake cigarettes bearing various brands and affixed with counterfeit tax stamps.
12/27/2018
The first line of defense is management’s responsibility to effectively assess risks and to design and implement internal controls to mitigate those risks, according to Chambers.
12/26/2018
The current system holds that foreigners living in China for more than a year can leave every five years for a 30-day stint in order to avoid paying tax on offshore income.
12/20/2018
The addition in Gurgaon marks Nangia Advisors’ fifth location and continues their steady growth in India.
12/19/2018
PwC also recommended liberalising the Angel Investors Tax Deduction scheme to make it easier for individual investors to qualify, thereby boosting the growth of tech startups.
12/19/2018
As of August, they have seen just CNY 10 billion (USD 1.45 billion) in net inflows from mainland investors.
12/17/2018
This provision in the law applies to income that was earned in India but on which no tax was paid.