Managers of Wealth Asia Pacific

Japanese working women face tax blow

The number of women employed in Japan grew by 470,000 last year to 27 million - the biggest increase since 1991

Two high-profile executives arrested

The two arrested high-profile executives of an international IT giant would be spending the next 3 to 4 days in Central Adiala Jail Rawalpindi after they were given in judicial remand.

Australian Taxation Office cracking down on offshore cash

WATCH out. The Australian Taxation Office is on an offshore treasure hunt, and it’s coming after you. That is, it’s coming after you if you happen to have earned some offshore income, or own foreign assets, which you have failed to report in p

Macquarie won concessions ahead of offshore banking tax crackdown

Moves by the previous government to crack down on the use of OBUs, which had already been delayed, were watered down the same day and further delayed in January.

Hong Kong, New Zealand investigate banks for alleged FX manipulation

Market watchdogs around the world are looking closely at traders' behavior

US gives NZ banks chance to share info

Banks that don't comply face a punitive 30 per cent tax on their US investments when the rules take effect in July this year.

Japan puts out mixed bag of data ahead of tax hike

Japan on Friday released a mixed bag of economic data, which have been closely-watched ahead of the country's first sales tax hike in 17 years that goes into effect next week.

International efforts to combat tax avoidance got a boost today as OECD broadens dialogue with global partners

Over 330 senior tax officials from more than 110 jurisdictions and international organisations met in Paris on 26-28 March 2014 during the 3rd Annual Meeting of the Global Forum on Transfer Pricing.

Australian Tax Amnesty Announced

We have seen the breaking news of a complete re-vamp of pensions in the UK

India, Switzerland spar over access to bank accounts information

The Indian Tax authorities and the Swiss government could be headed for a showdown over what the Indian side regards as lack of co-operation from the Alpine country over access to information on bank accounts.

ATO initiative raises $640 million from wealthy Australians

The Australian Taxation Office voluntary compliance initiative has exceeded expectations, raising $640 million from wealthy Australians since it was launched four years ago.

Hong Kong, USA Work Toward FATCA IGA

On March 25, Hong Kong and the United States signed a tax information exchange agreement, which will provide the necessary basis for Hong Kong to enter into an intergovernmental agreement to adhere to the United States' Foreign Account Tax Compliance

China's efforts to curb tax evasion net extra HK$59b

The taxes collected from "non-resident enterprises" in China more than tripled to 117.2 billion yuan in 2013 from 2008, said the tax agency.

China's efforts to curb tax evasion net extra HK$59b

The mainland's efforts to fight tax evasion brought in 46.9 billion yuan (HK$59.2 billion) of additional taxes in 2013, 38 times more than 2008.

Bulgarian government nod for draft double tax agreement with India

Bulgaria’s cabinet, at a scheduled meeting on March 19, approved a draft agreement between Bulgaria and India on the avoidance of double taxation and the prevention of income tax evasion.

Japan, Macao ink deal to share tax info

Japan and Macao have signed an agreement to allow them to exchange information in an effort to prevent international tax evasion and avoidance.

Japan, Macao ink deal to share tax info

Japan and Macao have signed an agreement to allow them to exchange information in an effort to prevent international tax evasion and avoidance.

It’s that time of year

As far as BIR Commissioner Kim Henares can remember, the one and only person who was ever found guilty of tax evasion by the courts did not spend a single day in prison.

NZ tax data to be stored in Australia

An accounting software provider has received approval from Inland Revenue (IRD) to store taxpayers' business records offshore.

Baker Tilly Hong Kong did not do audit work for Centaur Litigation

The firm named as auditor of Centaur Litigation has confirmed it never did any work for the company, which is now under investigation by Hong Kong authorities.