Managers of Wealth Asia Pacific

Indonesia commences new tax amnesty program

Finance Ministry officials held a news conference late on Monday to announce details of the program.

Korean firms to be eligible for tax benefits when selling overseas assets

Taxes can be put off or deducted if merger meets a certain level of criteria.

Panama Papers link Japan’s shady online brokers to tax havens

Tax avoidance and easy incorporation procedures may be why those companies chose to set up the shells in tax havens, an FSA spokesperson said via email.

Rich Lister: Tax System Favours The Wealthy

In a speech to the NZ Initiative think tank in Auckland last night, Stephen Jennings also said low productivity growth, weak global linkages and rising inequality, particularly in the education system, were additional challenges facing New Zealand.

Budget cuts less harmful than taxes: KPMG

The second least distorting option was where government spending cuts contributed 85 per cent of the budget repair and tax increases totalled 15 per cent in the reduction program.

Singapore and hybrid instruments in the post BEPS era - Withers

Exhibiting the characteristics of both debt and equity, they are commonly used as part of international tax planning strategies adopted by multinational enterprises in order to exploit differences in tax treatment of each instrument under the respective d

Japanese 2016 tax reforms - Withers

The entire reform package provides for reforms in the corporate tax, consumption tax and individual tax areas as well as addressing long standing issues such as online sales and the OECD anti-tax avoidance project known as BEPS.

New Zealand sets up trust register to curb tax evasion, money laundering

New Zealand has long been identified as offering a trust regime popular with the offshore trust business.

Terrible Business Ethics SK Group in Crisis Due to Poor Corporate Ethics, Chairman’s Alleged Tax Evasion

By country, 35 of SK Group’s companies are located in Hong Kong and 27 on the Cayman Islands.

Tax avoidance masters revealed: EXCLUSIVE

The calls for a break-up come as Australian politicians look for ways to fight tax avoidance by multinational corporations like News Corp, Google and Apple.

Corporate tax minimisation costs governments $US1 trillion says accounting insider

They work with government to deliver what they want for their clients.

Tax Amnesty Program Indonesia Launched

According to President Widodo, the tax amnesty program is an important tool to resolve Indonesia's ongoing tax issues and to boost the economy as a whole as the government is able to generate much-needed funds that can be used to invest in the struct

Aussie super tax may be scrapped following election

That would mean British expats wanting to bring their pension pots with them would probably be taxed at the non-concessional rate for every dollar over $500,000.

At a glance – the Indonesia Tax Amnesty - Withers

The long-awaited Indonesia's tax amnesty bill was finally passed by the parliament on Tuesday, 28 June 2016.

Vistra Makes Another Acquisition

It has a portfolio of international clients, many of whom are trading companies from the UK and Australia looking to establish an operation in Singapore.

Japan mulls wider tax net for offshore income

The Finance Ministry is considering scrapping the 20% limit and switching to a system that imposes taxes based on income categories.

Billions in tax to return to Indonesia

In a country where fewer than a million of the 250 million-strong population pay tax, the government has passed a bill hoping to claw back billions.

New Indonesian tax amnesty law will raise 2016 growth to 5.2%, says OCBC

Taxpayers have until 1Q2017 to join the scheme.

New steps to strengthen transparency in international tax matters: OECD releases guidance on the implementation of country-by-country reporting

A key pillar of the project focused on ensuring transparency while promoting increased certainty and predictability.

Indonesia's parliament set to pass new tax amnesty law next week

A government official involved in the deliberations confirmed with The Straits Times that under the tax amnesty law, the government will tax these assets held by individuals or companies