Managers of Wealth Asia Pacific

PHILIPPINES: Tax agreement with Italy amended

We hope that with this move, the Italian authorities would remove the Philippines from its blacklist of tax havens

Making fiscal decentralisation work: lessons from around the world - OECD

This is the first time that the revenue aspect of decentralisation has taken centre stage at a global level to allow countries to debate key questions about who should tax what and share good practices and experiences.

Cyprus agrees to renegotiate double tax treaty

India's Department of Revenue notified Cyprus as a non-cooperative tax jurisdiction

India's Super-Rich Escape Proposed Wealth Tax

Pressure by highly influential persons saw the Government withdrawing a proposal, planned in the budget, to impose a tax on the super-rich

Australia to Lead Crackdown on Corporate Tax Dodgers

Australia will lead a crackdown on transfer pricing and other forms of corporate tax evasion during its year-long presidency of the Group of 20 rich nations

Offshore Tax Havens Are Under Attack - But what About New Zealand?

New Zealand is generally perceived as a high tax country and consequently has not been a target in the international campaign against offshore tax havens.

Tax Court Orders Freeze on Pacquiao Bank Deposits

The Philippine Court of Tax Appeals has ordered a freeze on the bank deposits of boxing icon Manny “Pacman” Pacquiao for alleged failure to settle a tax evasion case totalling more than $55 million

Reignited US Tax Debate May Hit Asia-Based Managers

Democrats have renewed their push to raise the tax on carried interest charged on alternative investment firms.

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.