08/30/2016
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
08/30/2016
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.
08/26/2016
India Cabinet Agrees Cypriot Tax Treaty Changes
India had also recently agreed a similar change to its tax treaty with Mauritius.
08/24/2016
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.
08/24/2016
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
08/23/2016
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.
08/21/2016
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.
08/19/2016
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.
08/18/2016
Investigations against Indians named in Panama Papers’ expose at ‘preliminary stage’
This group consisted of the officers of investigation division of the Central Board of Direct Taxes.
08/18/2016
Tax laws protect most Panama Papers’ names from action
Tax declarations of income tax filers are time barred and could not be opened beyond last five years.
08/18/2016
Indonesia’s tax amnesty shows slow progress in first month
In addition, the government hopes that more than US$70 billion of assets overseas will return home under the amnesty.
08/16/2016
Australia Reviewing Offshore Marketing Hub Arrangements
The ATO said that these arrangements can give rise to significant profit shifting issues for the Australian entities involved.
08/15/2016
Jakarta plans tax haven on two islands near Singapore
Bintan, Rempang earmarked to draw funds that may otherwise be kept outside Indonesia, says senior minister
08/15/2016
More capital from tax havens poured into Vietnam
The capital, including $8.7 billion worth of newly registered and $4.3 billion worth of additionally invested capiral, will be used to develop 1,408 projects.
08/15/2016
Government notifies revised tax treaty with Mauritius
India and Mauritius signed had signed the revised Double Taxation Avoidance Convention after prolonged negotiations at Port Louis.
08/14/2016
International Tax News - August 2016 - PwC
Keeping up with the constant flow of international tax developments worldwide can be a real challenge for multinational companies.
08/12/2016
A Talk on the Benefits of Double Taxation Avoidance Agreement between Cambodia and Singapore
What are the objectives and benefits of a double taxation avoidance (DTA) agreement?
08/12/2016
Low profit margins and a Panama Papers link - who's behind Wilson Parking?
Wilson Parking continues to dominate the paid parking market in New Zealand
08/11/2016
Panama Papers probe: Kolkata firm ‘linked’ to BVI company
Documents purportedly link owners of the company to Jelenta Investments Limited based in the British Virgin Islands tax haven
08/11/2016
ZyFin believes Goods and Services Tax reform will add significant growth to the Indian economy
It will impact the tax structure, tax incidence, tax computation, tax payment, compliance, credit utilisation and reporting leading to a complete overhaul of the current indirect tax system.