Managers of Wealth Asia Pacific

G20: Charity Appeals For Tax Action

Assistance for developing countries to alleviate tax evasion remains high on the agenda for NGOs

Hong Kong Seeks Agreement With US over FATCA

The Securities and Futures Commission has confirmed Hong Kong is one of 80 countries globally currently in negotiations with the US over its controversial FATCA law.

Customs office uncovers over 1 tln won of illegal offshore foreign transactions

The Korea Customs Service launched an investigation into the outflow of wealth through illegal foreign currency transactions

Prosecutors Take Over Hyosung Tax Probe Data From Tax Authority

The Seoul prosecution on Monday obtained a local tax office's probe data on Hyosung Group for further investigation into allegations that the country's 26th largest conglomerate evaded a massive amount of taxes

Korea's State Prosecutors Launch Probe into Hyosung Group's tax evasion scheme

A Private report from Korea Ratings Corporation says top Korean conglomerates Doosan, Dongbu and Hanjin Groups may face cash shortages due to heavy debts and sluggish earnings in recent years.

Australian Govt Backs Away From Offshore Tax Reforms

The Coalition Government will not proceed with changes to the use of low-tax offshore entities by banks to reduce tax bills proposed under the former Labor government

Top Philippine lawmaker faces tax evasion probe

His father was the first sitting Philippine president to be convicted for plunder

Pakistan government decides to renegotiate with Switzerland

This decision has been taken at a time when the government is expediting its efforts to pursue money laundering cases

S. Korea and other G20 countries target overseas tax havens

At recent summit in Russia, member states agree to exchange information on tax evasion to increase tax revenue

Submission of wealth statement, settlement of ISL: PTBA terms PRAL's restriction unlawful

Pakistan Tax Bar Association on Wednesday termed the restriction imposed by Pakistan Revenue Automation Limited to submit wealth statement and settlement of Income Support Levy liability before filing of income tax returns unlawful.

SEBI Inks Info-Exchange Pacts with 31 European Regulators

For a greater oversight of hedge funds and other Alternative Investment Funds (AIFs) with cross-border presence, SEBI has reached regulatory cooperation and information exchange pacts with its counterparts in 31 European countries.

New Zealand Taking Tough Stance On Tax Evasion

The New Zealand Inland Revenue Department has warned that it will continue with its "zero tolerance" approach to tax evasion

G20 summit: states chase tax evaders with plan to swap data globally

New treaties will require financial institutions to automatically disclose customer assets to overseas tax bodies

OECD's Gurría presents G20 Leaders with proposal to tackle tax evasion

OECD Secretary-General Angel Gurría today presented to G20 Leaders ground-breaking proposals to tackle tax evasion and avoidance by both companies and individuals.

Philippines sheds 'uncooperative tax haven' tag

The Philippines has been removed from the French government’s blacklist of noncooperative countries for their tax policies.

Pakistan reports big rise in tax revenues as reforms kick in

Pakistan has one of the lowest tax collection rates in the world and the International Monetary Fund is watching its efforts closely.

Gun-Toting Woman Leads Philippines Tax Evasion Battle

Kim Henares began carrying a gun eight months after becoming the Philippines’ chief tax collector

New tax ad tags Makati restaurants

Some taxpayers’ income tax dues cover sales from branches outside Makati

China to Join Global Fight Against Tax Evasion: OECD

hina is set to join a group of 50 developed and developing countries in the fight against tax evasion

India Launches Tax Evasion Investigations

The Indian Income Tax Department has begun inquiring into the information on so-called "tax havens" acquired by the International Consortium of Investigative Journalists