Managers of Wealth Asia Pacific

DBM crafts rules on direct remittance of taxes

Budget department to implement rules and regulations of taxes to be directly remitted

Tax evasion challenge Pakistan, Switzerland moving towards greater cooperation

This agreement contained the old version of article 25 on exchange of information which had very limited scope and did not oblige any of the contracting states to exchange information held by the other''s institutions, including banks.

Panama Papers-linked Australians on the hook after ATO raids

The information has revealed significant taxation evasion arrangements that promoters have put in place for their clients.

More Fat Cats Voluntarily Report Offshore Assets

The total reported amount was W4.8 trillion or an average of W9.3 billion per person.

How Singapore and Australia Are Working to Battle Tax Evasion Together

Last year, Singapore, a trading hub of the world’s largest commodity companies, came under scrutiny from the governments of some resource-producing countries such as Australia

FBR sends notices to owners of 600 offshore companies

Including the family members of Prime Minister Muhammad Nawaz Sharif

Indonesia takes the fight to Singapore

Proposed Tax Amnesty Bill tackles the issue of international tax evasion head on

Panama papers: Nawaz Sharif's kin among 450 people served tax notice

Khan warned the FBR and National Accountability Bureau against failure to take against Sharif.

Taxes on pension funds increase as baby boom generation goes into retirement

Within the generation, people born in 1958 form the biggest segment.

Singapore industry relieved at low impact of Indonesia tax amnesty

Assets returned must be kept in Indonesia for three years, in funds managed by appointed banks or invested in property.

Pakistan to sign tax agreement with OECD

Minister for Finance Ishaq Dar termed the decision a historic one while briefing a crowded press conference regarding decisions of the Federal Cabinet here at the Prime Minister’s Office.

Deloitte Acquires Wealth Firm

Deloitte in Australia has announced that Morse Consulting will join its Australian business.

Revised IndoMauritius tax treaty to curb tax evasion: Finance Ministry

It will improve transparency in tax matters and will help curb tax evasion and tax avoidance.

Tax reform as new human rights agenda

The goal of these policies is clear, to compete with other tax jurisdictions and create a larger base of taxpayers for state revenue.

India Cabinet Agrees Cypriot Tax Treaty Changes

India had also recently agreed a similar change to its tax treaty with Mauritius.

India-Singapore tax treaty: Mauritius-like amendment expected

The bilateral tax treaty helps in avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income.

Singapore inks bilateral agreements with Ethiopia, Mozambique and Nigeria

Singapore's Minister for Trade and Industry (Industry) S Iswaran signed an avoidance of double taxation agreement with Ethiopia

The next phase of Australia's diminishing tax base? Losing billions in revenue to China and India

Disputes between revenue authorities have been a feature of the global tax system for more than 100 years.

Top corporate players sign up for voluntary tax code

Notably the list includes mining giants Rio Tinto and BHP Billiton, which have just faced a fresh Australian Taxation Office crackdown on their sales hubs in Singapore, through which they funnel billions of dollars.

Jokowi amnesty favors tax cheats and punishes payers, OECD says

Under the amnesty, tax-avoiding individuals and companies would pay between just 2 per cent and 10 per cent in penalties, or around a third of what they should be.