01/13/2017

A Mixed Grade for Japan’s New Tax Reform Plan

The ruling coalition has drawn up a tax reform package for fiscal 2017 that steers clear of eliminating the income tax deduction for homemaker spouses but that improves the tax environment for corporate investment and reorganization.

01/12/2017

Win-win way to curb tax evasion

They will then have to report to the Inland Revenue Authority of Singapore the financial account information of account holders who are tax residents of jurisdictions with which Singapore has Competent Authority Agreements

01/12/2017

US-Cambodia FATCA IGA enters into force

FATCA, signed into US law on March 18, 2010, is designed to combat offshore tax evasion by US persons with offshore bank accounts and investments

01/06/2017

How to go about chasing black money

The focus of any sustainable reform of the taxation structure must be on reducing flows of tax evasion, not going after existing caches of black money

01/03/2017

South Korea Plans Tax Changes To Boost Growth

In addition, while only KOSPI 200 futures and options are subject to CGT under the current arrangements, KOSPI 200 equity-linked warrants are to be taxed with effect from April 1, 2017.

12/30/2016

Another amnesty scheme on the cards

The government has sought proposals from the Securities and Exchange Commission, Federal Board of Revenue, State Bank of Pakistan and Board of Investment to develop some amnesty scheme at the earliest.