Managers of Wealth Asia Pacific

Govt may cut 2% import duty on gold in budget: BoAML

The union government is expected to cut two per cent import duty in gold in the forthcoming budget, as local jewellers run out of inventory

NZ working on OECD tax avoidance plan

Senior New Zealand tax officials are this week working with the OECD in Paris to prepare for delivery of the first parts of the OECD’s action plan to counter base erosion and profit shifting, says Revenue Minister Todd McClay.

Australia criticised for stalling on tax evasion

A global anti-corruption agency has accused Australia of delaying action on tax evasion by failing to sign an early information swap treaty - part of its commitment to the G20.

Australia: Investors urged to declare offshore income or face penalties

While the ATO has given investors until 19 December 2014 to come clean

Pakistan: Wealth Tax revival to ease groaning public’s woes

They declared that affective steps should be taken to prevent electricity and Sui gas pilferage

US announces changes to the Offshore Voluntary Disclosures Programs

On 18 June the US Internal Revenue Service (IRS) announced major changes to its offshore voluntary compliance programs, resulting in new guidance for both taxpayers overseas and those residing in the US.

NZ ready for FATCA - Bankers' Association

FATCA requires participating financial institutions around the world, including New Zealand banks, to provide relevant information about customers who are US persons and will be phased in from 1 July 2014.

BVI Signs 26th Tax Information Exchange Agreement With Japan

The TIEA will enable the two tax authorities to have greater ability to exchange information for tax purposes in accordance with internationally agreed standards

India Reviewing Cyprus Tax Treaty to Reduce Withholding Tax Issues

After classifying Cyprus as a “notified jurisdiction” last November and suspending double taxation avoidance agreement benefits, India may soon revise its DTAA with Cyprus and restore a 10 percent withholding tax rate in light of recent progre

Thailand: FPO looks at wealth tax in equality bid

Planned levy based on household assets

Westpac Rejects Calls For A Tax On The Big Four

If you strip everything back, what Coffey implicitly asserts is that Australia’s pool of savings is not big enough

New Zealand wangles sharing exemptions in US FATCA agreement

It differs to those signed by other countries, which agree automatic information sharing liabilities on all accounts held by US taxpayers following the Foreign Account Tax Compliance Act’s implementation.

Taxman struggling to manage HWIs

High wealth individuals (HWIs) are using complex business arrangements and trusts to minimise their tax liabilities

Australia: Nation on track to curb tax haven tide

The Australian Transaction Reports and Analysis Centre says money flows from tax cheats to off-shore tax havens are at a five-year low.

India crackdown on rich with Swiss accounts

Within 24 hours of his May 26 inauguration, Modi created an investigative team of former judges and current regulators

Black money SIT decides to solve tax treaties' secrecy puzzle

The other tasks of SIT include all investigations already started and pending or awaiting to be initiated with respect to any other known instances of the stashing away of unaccounted cash in foreign bank accounts by Indians or other entities operating in

Australia's wealthiest people use a complex web of trusts and companies to hide potentially billions of dollars from the tax office

They might maintain expensive lifestyles without relying on income in a conventional taxable form

Tax