Managers of Wealth Asia Pacific

China tightens tax concession for HK intermediary holdcos

Under China’s Enterprise Income Tax Law, dividends paid by a PRC resident enterprise to a foreign shareholder are generally subject to 10% WHT.

Hong Kong proposes 0% tax expansion for its fund managers

Under a bill expected to reach the city’s Legislative Council by mid-2026, the tax break would extend beyond private equity to cover hedge funds, venture capital, private credit and family offices.

Hong Kong weighs ‘big bang’ tax cuts for asset managers

Expansion of carried interest regime could mean zero levies on performance fees at hedge funds

Big tech, like big banks, must pay fair share of tax

Governments will not be able to maintain services if a growing share of value generated from Australian consumers flows to foreign headquarters

Advisers weigh in on $3m super tax

While the government reversing course and not taxing unrealised gains is broadly seen as a positive, advisers are more split on whether the $3 million super tax is a short-term solution to a long-term system or a “negligible” move to reduce co

Moore Australia appoints Michael Sutherland as national head of quality

Sutherland has 12 years of experience in audit, quality and governance across both professional services and the public sector.

14,858 tax residents failing to declare offshore accounts

It said this was to avoid penalties and legal action under the Income Tax Act 1967.

Experts warn undisclosed offshore accounts raise red flags despite legality

Analysts warn that the scale of undisclosed offshore wealth linked to Malaysians raises serious concerns over tax evasion, money laundering and governance failures

Super trustees push for taxpayer bailout after First Guardian failure

The company told shareholders on Monday it had written to Financial Services Minister Daniel Mulino for assistance for the almost 1100 Netwealth customers who invested $101 million into the defective scheme via its platform.

As wealthy Koreans flock overseas in search of greener pastures, experts blame inheritence tax

The exodus of affluent Koreans is expected to result in an outflow of approximately $15.2 billion in assets.

James Russell discusses how recent tax legislation changes firmly establish Hong Kong as a global leader for family offices.

After seeing the success of family office incentivisation in Singapore, Hong Kong launched its own tax concessions in 2023 to simplify the process for application

Michael Velten Launches Velten Advisors

Velten Advisors offers bespoke, commercially grounded advice, combining technical insight with digital tools to help clients navigate complex tax and governance challenges with greater clarity and confidence.

Seizing the reinvention potential: PwC launches new immersive business technology experience

The first iteration of this space has been designed in collaboration with PwC alliance partner Microsoft.

New global minimum tax rules set to start in Hong Kong in 2025

In response to stakeholders’ feedback, the Government is following up with some changes to its tax administration regime.

Tax and business insights from Hong Kong’s latest Policy Address

By capitalising on the advantages of “One Country, Two Systems,” Hong Kong aims to strengthen its financial, shipping and trade sectors while fostering innovation and collaboration within the Greater Bay Area.

A review of the tax regimes in Singapore and Hong Kong

The position can be improved even further for those who wish to manage their investments from Singapore.

China is now enforcing offshore income tax. Should private bankers be worried?

“Offshore income has largely been ignored by the tax authorities, but, obviously, that is changing,” a Hong Kong-based wealth advisor told APB.

Ultra wealthy to feel tax crunch on overseas gains

They added that some of the targeted Chinese had at least US$10 million (HK$78 million) in offshore assets

Banking as a Service poised to transform Thailand’s financial ecosystem, PwC Thailand says

The opportunities are growing, but how businesses address the challenges of adopting BaaS will be essential for success.

ANZ Bank CEO’s Shameless Self Interest: This Is Why People Hate Bankers

The reason Watson is promoting a capital gains tax is so families are even further incentivised to park their nest eggs under the roofs of their family home.