Managers of Wealth Asia Pacific

620b USD Owe in Tax by Real Estate Firms

A reported tax evasion has been disclosed in China's real estate industry, one of the country's most profitable businesses.

Four tax havens join India in fight against stash funds

The Global Forum brings together 121 countries and jurisdictions for wide-ranging discussions on transparency and international tax co-operation, and is the largest such group worldwide. Its sixth meeting has brought together more than 200 delegates from

7 Billionaires Convicted For Tax Evasion

Most often, rich people are known for blowing away their money on buying luxury cars and jewellery.

Tax evaders and tax officials

Tax evasion is not unique to Pakistan.

Global Forum moves towards automatic exchange of tax information and transparency

The international community has taken new steps to strengthen transparency and boost the comprehensive exchange of information between governments worldwide.

Here's why Cyprus is not happy with India

India's aggressive clampdown on possible tax evasion through the misuse of double tax avoidance treaties has taken its toll on the Mediterranean island nation.

Singapore Nears FATCA Agreement With US

FATCA, enacted by Congress in 2010, is intended to ensure that the US obtains information on accounts held abroad at foreign financial institutions by US persons.

Finance Min steps up measures against tax frauds

The Finance Ministry is stepping up national tax collection efficiency by supporting its three departments responsible for levy and collection of all direct taxes to cooperate in the prevention of tax frauds, evasion and avoidance.

Cyprus to hold talks for removal of tax ‘non cooperation’ tag

The government of Cyprus has said it will hold talks with India's income tax department this month to help remove the tag of a tax-non-cooperating jurisdiction that India had given the tag to the Mediterranean island nation last week.

IMF Denies It Favors Wealth Tax

The International Monetary Fund issued a statement on November 05, 2013 denying that it favors a wealth tax

India Blacklists Cyprus for Not Providing Tax Data

The sanctions include a higher withholding tax on payments to, and transfer-pricing scrutiny on transactions with, Cyprus-based entities.

Bahrain Approves Bill to Avoid Double Taxation with China

The bill was approved during the cabinet's regular weekly session, in which the concerned committee presented in its report that the draft law does not conflict with the constitution nor the laws and decrees of Bahrain.

PwC advises govt to revise tax structure, regulations

The Revenue Department should revise tax laws to promote investment and seek means to preserve cash within Thailand, such as by lowering trade barriers or supporting businesses wishing to invest abroad

Caymans dispute could harm co-operation

A ruling by a Cayman Islands judge may stop the Australian Tax Office investigating assets secretly held in the tax haven

Over half of foreign corporations in S. Korea not paying taxes on profits: data

Detailed information on those corporations was not revealed

Tax and transfer pricing: Issues in Asia

Multinational banks, asset managers and insurers active across the Asia-Pacific region face particular challenges in demonstrating compliance and agreeing acceptable arrangements

The IMF Lays The Groundwork For Global Wealth Confiscation

The International Monetary Fund quietly dropped a bomb in its October Fiscal Monitor Report

Australia Defies Cayman Court Ruling

An Australian court has defied a Cayman judgment that tax information unlawfully handed over by the Cayman Islands Tax Information Authority should be returned and not used in Australian tax evasion proceedings.

Philippines woman's 'Money bath' pic catches tax man's eye amid corruption scandal

The corruption scandal prompted thousands to march in the streets in massive rallies against graft.

Tax Evasion Tops Corporate Graft Portfolio, TDRI Finds

SET listings, new govt unit urged as steps to end corruption, meet hears