Managers of Wealth Asia Pacific

Australian tax office has not prosecuted any HSBC Swiss account holders

Tax reform advocates say absence of prosecutions raises concerns there is not a strong enough deterrent for Australians who evade paying tax

New China law targets tax avoidance offshore

The law would affect investment companies, analysts said, adding it would also have a significant impact on Hong Kong, a major hub for cross-border deals involving the mainland.

Got a Swiss bank account? The ATO wants to hear from you

Hundreds of wealthy Australians holding secret Swiss bank accounts are being urged to come forward - or face investigation by the tax office.

Indonesia Plans Tax Amnesty to Lure Money Back From Singapore

President Joko Widodo is planning a tax amnesty in a bid to convince Indonesians to bring back funds held offshore as he seeks to narrow the current-account deficit.

Tax Office rejects tax deal with Apple

Apple is also resisting pressure to have its tax information published publicly

Multinationals channel more money through "hubs" in Singapore, Switzerland than ever before, Tax Office says

The data, contained in the Australian Tax Office submission to the federal inquiry into corporate tax avoidance, gives a fresh insight into how commonly multinational groups shuffle money between countries.

CBI probe sought into AAP’s offshore funds

A plea seeking CBI probe into the past and present foreign funding to Aam Aadmi Party was on Wednesday filed in the Delhi High Court alleging that it has been receiving offshore funds in violation of FCRA provisions

China to Crack Down on Tax Collection From Multinational Companies

China’s tax officials plan to step up efforts to collect taxes from multinational corporation in the latest of a series of moves in the last year, mostly against Western companies.

Foreign firms run to tax advisers on China’s new rules

The Chinese government’s vow to increase tax scrutiny on foreign companies sent firms rushing to tax advisers

'Bilateral APAs eliminate double taxation'

According to the APA-related frequently asked questions (FAQs), no bilateral APAs are currently permissible in the absence of Article 9 in the respective double taxation avoidance agreement between India and the respective jurisdiction

23 FDI proposals deferred for possible tax treaty abuse

The Foreign Investment Promotion Board, they said, is keen that guidelines should be prepared to deal with such investment proposals.

Foreign firms double-check their books as new tax policy begins

A new tax policy that went into effect Sunday promising greater scrutiny for foreign firms has the companies scrambling to check their tax planning

Keeping roots in Taiwan safest for entrepreneurs

China's new regulations to prevent abusive tax sheltering will be implemented on Feb. 1

Hunt for black money leads Enforcement Directorate to 10 British Virgin Islands investors

The hunt for black money stashed abroad is moving beyond Liechtenstein and Switzerland

Gerry Harvey slams business groups for neglecting taxpaying Australian businesses

Australian business groups are putting the interests of tax-avoiding multinational corporations ahead of taxpaying Australian businesses, according to billionaire retailer Gerry Harvey.

Without US support, multinational tax crackdowns will fail

It’s no secret that companies including Apple, Google, Amazon, Uber, Airbnb and Ikea seem to pay less than their fair share of tax in Australia

FATCA leads mutual funds to avoid fresh investments from US investors

Stringent compliance requirements under the Foreign Account Tax Compliance Act of the US have led to several mutual fund houses avoiding fresh investments from American investors.

KPMG Suggests Hong Kong Budget Tax Changes

Revenues from stamp duty and profits tax, in particular, have been higher than expected.

Baker Tilly International adds Indian firm

Baker Tilly International has strengthened its presence in India by adding Desai Haribhakti Consultants (DHC) to its network -

Double Tax Avoidance Deal With Sri Lanka Proposed

Fiji has proposed a Double Taxation Avoidance Agreement with Sri Lanka.