10/09/2020
Thailand, like most of the emerging market economies, is betting on an expansive fiscal policy to cushion the blow from the virus outbreak that's devastated its tourism and exports.
10/02/2020
Indians feared Swiss banks may share their data with the Indian government.
09/25/2020
The TPB terminated the agent’s registration and imposed a five-year non-application period.
09/25/2020
Transfer pricing rules were first introduced in Hong Kong via the Inland Revenue (Amendment) (No. 6) Ordinance 2018 in July 2018.
09/14/2020
The tax-preferred status of superannuation would be placed at risk if it was allowed to become a virtual “piggy bank” from which people could draw funds for any purpose they liked
09/01/2020
New tax incentives to attract ship owners and lessors to Hong Kong will both enhance the jurisdiction's status as a key shipping leasing centre for the Asia-Pacific region.
08/28/2020
Tax take from net incomes and profits, which accounts for the bulk of the BIR’s yearly collection, is seen dropping to P786.8 billion this year from P1.15 trillion in 2019.
08/25/2020
The usual suspects of RSM, BDO and Baker Tilly follow at a distance.
08/23/2020
The QC scheme requires a development to be completed in five years and all units to be fully sold within two years of completion.
08/21/2020
For Macao residents, double taxation will be avoided by way of exemption of the income taxed in Hong Kong from the Macao tax, or by crediting the Hong Kong tax paid against the Macao tax payable in respect of the same income.
08/04/2020
Residents of the Marshall Island and other tax havens hold $5.7 billion worth of deposits in Australia.
07/30/2020
People will only have one month to pay even if they appeal the fine
07/24/2020
Similar changes are being proposed in respect of the stamp duty anti-avoidance provisions.
07/22/2020
The tax credit rate was set at 1 percent for big firms and up to 10 percent for small- and medium-sized firms.
07/21/2020
A small flat tax on the $100 trillion in electronic transactions made each year would be simple and fair.
07/16/2020
The focus on Chinese taxes has intensified in recent weeks after state-owned enterprises in Hong Kong told workers who transferred from the mainland to declare their 2019 income so they can start paying taxes at home.
07/15/2020
Crafty tax agents and lawyers enabling offshore tax evasion and avoidance through dubious schemes have now been put on notice by a global group of tax chiefs.
07/10/2020
Pillar One addresses taxing-rights allocation, profit allocation and nexus rules. In particular, it examines how to tax large multinationals that generate profits where they don’t have a traditional tax presence.
06/26/2020
The shortlist for the ITR Asia Tax Awards 2020 has been announced.
06/24/2020
This edition of our annual insight piece is aimed at providing a high-level overview of the tax consequences that face businesses planning to expand international operations.