Managers of Wealth Asia Pacific

After FATCA pact signing, increased focus on possible tax evaders

The Banking Bureau under the FSC said that under the agreement the U.S. can ask for more detailed information on clients who do not cooperate with requests for information.

Indonesia's tax amnesty reaches second deadline

Progress registering undeclared wealth still falling short of budget

Govt mulls tax amnesty to lure foreign wealth back

The government may link the scheme with certain enforcement measures

KPMG reports 10.7pc growth in region

A further 15 partners were appointed through internal promotions.

Will budget hike tax on gains from stocks?

Apart from the minimum holding period, tax professionals also expect changes in the tax rate on short-term capital gains.

How India and Indonesia are chasing tax revenue

Hunt for hidden assets to fund infrastructure investment and wealth distribution

Poor response to notices sent to offshore company owners

The FBR issued a total of 336 notices to individuals identified as owners of offshore companies in the Panama Papers.

How India and Indonesia are chasing tax revenue

Hidden assets sought in pursuit of cash to fund infrastructure development

Hong Kong’s rich have ways to get around property tax

Wealthy buyers are finding legal ways around restrictions designed to cool home prices

India launches new tax evasion amnesty scheme to unearth unaccounted cash

Under the proposed scheme, a person making the declaration would have to pay 50 percent in taxes and surcharges.

Pakistanis quiver as UAE demands tax information

All new customers for any bank or other financial institutions (including brokerage), will be required to furnish the same information regardless of their net worth.

MOF rejects claim of Singapore as tax haven

Singapore's corporate tax rate of 17 per cent is among the lowest in the world.

Wealthy avoid Hong Kong real estate tax curbs to save millions

Wealthy buyers are finding legal ways around restrictions designed to cool home prices in the world's least affordable city, where leaders are grappling to shrink a yawning wealth gap.

deVere Group ventures into New Zealand

This next chapter in deVere’s success story highlights our commitment to this region – a region that we believe has incredible and sustainable potential.

BRICS nations vow to automatic sharing of tax information

The 5-nation bloc expressed their continued support to all international initiatives towards reaching a globally fair and universally transparent tax system.

Protocol Of Singapore-Russia Avoidance Of Double Taxation Agreement Enter Into Force

The changes are expected to enhance trade and investment flows between the two countries

182 Pakistanis named in Panama leaks untraceable

Intelligence and Investigation Directorate is struggling to ascertain exact identities of some 182 of these Pakistanis

Cayman Islands: Common Reporting Standard: Implementation In Asia

This information will then be exchanged amongst the participating jurisdictions.

Indonesia's Richest Take Advantage Of Amnesty

Among the most notable participants were a number of Indonesian rich-listers.

Tax revenues continue to rise, but scope remains for increased tax mobilisation in emerging Southeast Asian economies

Levels of tax revenues among the six Asian countries ranged from 12.2% of GDP in Indonesia to 32% in Japan in 2014. The tax-to-GDP ratio in Japan, Korea, the Philippines and Singapore increased while it decreased slightly in Indonesia and Malaysia in 2014