Managers of Wealth Asia Pacific

Indonesia Spending Cuts to Depend on Tax Amnesty, Minister Says

Indonesia is trying to spur economic growth that slowed last year to the weakest since 2009

BIR urged to focus on the 'big guys'

The LTS, which groups 2,320 corporations as of last year, is the BIR office in charge of collecting and monitoring taxes from the country's biggest corporations based on different criteria.

Multinationals could face $270,000 fine over failure to disclose tax affairs

As the election draws closer, both parties are trying to outdo each other on plans to curb multinational tax avoidance.

Super rich should brace for Robin Hood Tax in Budget

Everybody's tax is up but more for the super rich Taxing the rich is low-hanging fruit because such measures face little political opposition.

India signs agreement Maldives for avoidance of double taxation

Under the agreement, profits from the operation of aircraft in international traffic will be taxed in one country alone.

Retrieving black money: Stairway to tax havens

Even though close to a thousand TIEAs have been signed by various countries, only a small number involve India.

HSBC’s Swiss, Dubai arms under lens for tax evasion by Indians

HSBC has been under scanner ever since a leaked list of hundreds of Indian clients of its Geneva branch found its way to the Indian tax authorities.

Financial impact of global probe could be significant: HSBC

The bank was “fully cooperating” with authorities, but warned that the resulting financial impact of the investigations globally could be “significant.

Winning the tax race

As scrutiny over tax filings heats up, firms are pushing to adopt innovative models for their tax practices.

ATO records show negative gearing numbers fall

Up until then we'd seen a fairly big increase in those losses, which result in a tax deduction.

Veteran Singer Insooni Denies Tax Evasion Accusations; ‘We Never Heard About It’ Says Agency

In 1980, Insooni released her first album as a solo artist, entitled "Fate."

Taiwan, Italy sign agreement to avoid double taxation and tax evasion, according to MOFA

Italy became the 14th country in Europe to complete a double taxation avoidance agreement with Taiwan.

CBDT resolves Rs 5,000 crore tax dispute with foreign companies under MAP

The total amount of income locked up in dispute in these cases is approximately Rs 5,000 crore

Sri Lanka to move towards taxing capital: PM

We have to move towards taxing capital in a systematic way karmarnukoolawa.

Vodafone asked to pay Rs 14,200 crore tax dues or face asset seizure

We can confirm that we have received a tax reminder from the Tax Department that also references asset seizures in the event of non-payment

International Tax News, February 2016 - PwC

authored by specialists in PwC’s global international tax network.

Indonesia's wealth managers bank on tax amnesty for take-off

The scheme will offer the well-heeled incentives to bring money back to the country but it won't require taxpayers to repatriate their assets, which means a flood of funds from abroad is unlikely.

Indonesia tax amnesty may lure home some of $280 bil reportedy stashed in Singapore

The scheme will offer the well-heeled incentives to bring money back to the country but it won't require taxpayers to repatriate their assets

CBA pays its tax, and wants whole-of-system reform

So the CBA chief executive is keen to emphasise the bank's "conservative settings" and the strength of its balance sheet in terms of the ability to cope with whatever challenges the market throws up.

KPMG acquires Markets IT

KPMG Australia has acquired Australian financial services technology consultancy, Markets IT.