Managers of Wealth Asia Pacific

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

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.

ATO warns large companies against tax avoidance

ATO was concerned that some of these structures had been set up to avoid GST, which was clearly inconsistent with the underlying policy intent of MAAL and the GST Act.

Indonesia Allows Tax Amnesty Seekers to Buy Gold, Property

The amnesty program may bring back about 560 trillion rupiah ($42.7 billion) in assets stashed offshore

Double taxation agreement between Hong Kong, Russia enters into force

Agreement for the avoidance of double taxation and prevention of fiscal evasion

Duterte: Big-time tax evaders, you’re next

The Chief Executive on Sunday released the list of government officials engaged in illegal drugs trade and the next, according to him, is the list of big tax evaders.

US tax hunt overseas causes global headaches

There is little that can be done about FATCA and the change has to come from within the US

Key steps toward genuine tax reform in PH

This is to ensure all leaks and possible abuses will be dealt accordingly before its full implementation covering 2015 and prior year

Treasury looked at $4 billion tax on superannuation pensions

It admitted this option would be perceived as unwinding the tax-free status of superannuation benefits.

The Start Of The End Of Tax Havens?

Anyone who acquires an anonymous shell company should know that, in this digital age, secrecy is an illusion.

Weighing the rupiah’s fate after tax amnesty

A steep increase in one country’s currency will have a serious impact on trade.

NZ avoids EU tax evasion investigation

The EU delegation's statement said the commission's compilation of a list of countries for assessment pre-dated the Panama Papers.

Update Tax Amnesty Program of Indonesia: Results So Far?

The tax amnesty program of Indonesia runs between 18 July 2016 and 31 March 2017.

The sordid stories of plunder

While there is complete denial in Pakistan about tax evasion and illegal flight of capital, new disclosures by ICIJ unveil some shocking facts about secret offshore deals

Undeclared incomes: Tax info-sharing agreements is a step in the right direction

The Foreign Account Tax Compliance Act (FATCA) was made a law in 2010 in the US and India has agreed to collect and share information under the agreement with the US for implementing FATCA.

Deloitte under microscope as Dick Smith goes into liquidation

Marketing rebates are recognised immediately as a profit, whereas inventory rebates are recognised when the inventory is sold, which may be in a later financial period.

Tax Investigation Huawei Korea under Probe over Offshore Tax Evasion

The Korean corporation of Huawei has about 150 employees and mainly provides network service to Korean wireless carriers.

Technology to make tax evasion difficult; make India a tax paying society: Arun Jaitley

We gave an opportunity to the people, who have illegal assets abroad by opening a compliance window.

Indonesian tax amnesty could spark outflow from Singapore wealth industry

It is a huge portion of the approximately $470 billion of assets under management by private banks in the financial hub.

Now, expectations of helicopter money from Bank of Japan

While replying to a comment from Thomas Piketty on how little taxes Indians pay, Bibek Debroy had remarked, “Indians pay one of highest tax rates in world...