Managers of Wealth Asia Pacific

China money rates rise on tax but restrained by large injection

The weighted average of the benchmark seven-day bond repurchase agreement rate stood at 3.38 per cent on Friday, up 17 basis points from last week's close.

Cyprus pins hopes on new government for resolving tax issues

Seeking to promptly sort out tax-related issues with India, Cyprus today said it expects to closely co-operate with the Narendra Modi-led government to resolve the matter, which has created "immense obstacles" for investment activities between t

Macquarie admits "unresolved matters" with ATO

The group's 2014 Annual Financial Report says that "during the current and prior years, Macquarie group received amended assessments

Australian authorities drop Cayman tax evasion charges

Case strained Cayman-Australian tax information exchange relations

Offshore Discretionary Trusts: SC Clarifies Taxation Rules

Discretion is given to the trustees

UBS refuses to share info on stud-farm owner

Swiss bank UBS has refused to share any information with Enforcement Directorate on matters related to alleged money laundering and tax evasion by Pune based stud-farm owner Hasan Ali

Hong Kong's tax system needs complete review, institute says

Hong Kong lacks adequate tax laws to handle measures to combat tax evasion implemented by G20 governments,

Fatca dealt with, but clones of tax evasion law may emerge

Mainland version of US tax law would have broader implications for compliance efforts

Hong Kong, US Wrapping Up FATCA Agreement

Hong Kong and the United States have substantially concluded discussions on an inter-governmental agreement to simplify Hong Kong financial institutions' compliance with the Foreign Account Tax Compliance Act.

Amendments to Cyprus-India double tax agreement to be finalised shortly

The conclusion of the agreement will resolve the differences between the two countries' tax authorities

Pakistan to hold talks with Switzerland to return illicit money

Pakistan is to hold talks with Switzerland on a new tax treaty

Pakistan: Money abroad

Not all the money that sits in the Swiss accounts of Pakistanis has been raised illegally

Australia’s answer to FATCA is here

These are replaced with like reporting and due diligence obligations to the Australian Taxation Office

New Zealand Tax agreement with Viet Nam now in force

Mr McClay said that double tax agreements helped encourage growth in economic ties between countries and promote cross-border trade by preventing businesses and individuals from being taxed twice on income earned in the other country.

Countries commit to automatic exchange of information in tax matters

More than 60 countries and jurisdictions have now committed to early adoption of the standard, and additional Global Forum members are expected to join this group in the coming months.

Rising tax revenues: A key to economic development in emerging Asian countries

Tax revenues are currently rising as a proportion of national incomes in Indonesia and Malaysia but continue to be substantially lower than for Korea, Japan and other OECD countries.

U.S., Singapore reach agreement on tax evasion: U.S. Treasury

Singapore has reached a tax information-sharing agreement with the United States under a new law meant to combat offshore tax dodging by Americans

Singapore to provide information on US bank deposits

Singapore said Tuesday it has agreed to give the United States information on bank deposits by American individuals and corporations to help it deter tax evasion.

Pakistan Warns Banks To Register For FATCA

The SBP requested all institutions to take all necessary due diligence measures

SC axe on offshore money

On May 1, the Supreme Court ordered reconstitution of the Special Investigation Team for a comprehensive probe into the infamous black money petition.