06/06/2023
With Hong Kong’s recently introduced family office-related legislation, single-family offices are expected to increase in the city, along with the need to hire professionals, says JP Morgan Private Bank.
05/15/2023
India’s wealthy individuals will look to increase their exposure to alternative investments via alternative investment funds, following recent tax changes to mutual debt funds.
04/28/2023
The Singapore government's decision to double stamp duties for foreigners could slow down purchases of luxury homes and affect the city-state’s competitiveness as an investment hub.
04/28/2023
The report released during the fourth meeting of ‘Asia Initiative’ held in New Delhi, underlined the need to check tax evasion and illicit fund flows
04/26/2023
Revenue Minister David Parker said the low tax rate was explained by the fact they received about 80% of their income in form of capital gains, much of which was earned through trusts and companies and which was often untaxed.
02/06/2023
Mercer senior partner David Knox said the recommendations would improve the super tax system now and into the future.
01/10/2023
International tax lawyer and academic, Tony Anamourlis delves into the challenges and benefits of the much anticipated agreement between the two countries
01/06/2023
The requirements with respect to QTRPs are separate to those which require financial advisers to be registered with ASIC by 1 July 2023.
09/28/2022
"The CARITO wouldn't be gender specific, but since women do most of the caring work it would be most beneficial to them."
09/13/2022
“Providing visibility to investment managers regarding the tax impact of a proposed trade prior to trading, is the only way managers can ensure these tax benefits are not inadvertently lost, and we are delighted that our patented solution will be us
09/07/2022
«Embedding relevant financial services in the user journey of non-financial services industries can enhance convenience and value to both customers and businesses,» said the Monetary Authority of Singapore’s chief fintech officer Sopnend
09/02/2022
The Auditor’s Report Guidelines set out the requirements and other matters in relation to the auditor’s report.
08/30/2022
The new office will specifically focus on US income tax preparation and planning, tax compliance, and cross-border inheritance tax planning and tax-efficient outcomes.
07/21/2022
The push by the city-state's biggest audit firms to offer larger paychecks reflects the broader competition for skilled talent in the financial hub, where firms from banks to technology companies are expanding
05/27/2022
Singapore has worked hard to attract some of the world’s wealthiest clans; its low taxes, relative safety and gradual re-opening of its borders have made it an ideal haven.
05/13/2022
The three sectors covered under this second version are part of the eight focus sectors3 that collectively account for close to 90% of ASEAN greenhouse gas emissions.
05/11/2022
Singapore: Additional Buyer Stamp Duty of 35% chargeable on the transfer of residential property into certain trusts with effect from 9 May 2022
By way of background, ABSD is imposed under the Stamp Duties Act 1939 (‘SDA’) on an agreement for sale
05/10/2022
“The new rule is targeted at the wealthy,” said Nicholas Mak, head of research at ERA.
04/27/2022
This loophole works because the beneficial owner of an account is not always reported under the OECD’s standard (CRS) and is never reported by the US under the inter-governmental agreements related to the Foreign Account Tax Compliance Act
04/25/2022
Andorra, Macau (China) and Tunisia ensure that MAP agreements can always be implemented notwithstanding domestic time limits.