Managers of Wealth Asia Pacific

Govt to announce tax amnesty scheme next week

PM Imran Khan had recently approved in principle the scheme that would help people legitimise all kinds of undeclared assets

Indian criminal tax investigation asks Guernsey for help

Probe follows a client whose hidden accounts were revealed by Wikileaks in 2008

Significant Full Federal Court decision affects investment funds

The Federal Court in 2018 had ruled principally in favor of the taxpayer but a number of key findings of that initial decision have been reversed on appeal.

The tax evader, the auction and the multimillion-dollar mansion

A last-minute bid to stop the sale had been launched in the Supreme Court

Kardar holds IMF responsible for tax distortions

Tax dodgers were declared as non-filers and that happened on the watch of IMF, added the former governor SBP.

Another tax amnesty scheme being prepared

The FBR has already sent out notices to high-net-worth individuals whose names do not appear on tax rolls.

The growing tax havens in PH

These tax havens are sprouting all over our nation, and they’re providing shelter to big businesses that are enjoying huge tax incentives and other privileges that are denied ordinary Philippine enterprises.

Tax-saving plans for long-time wealth creation

It is the tax savings season, everyone now rushes to cover the gaps as per the mandatory savings that could cushion a bit for their overall tax outflow

Australia’s top 10 tax dodgers: Vodafone Hutchison

Vodafone’s most recent financial statements, which can be acquired from the Australian Securities and Investments Commission show rising sales, yet continuing losses.

Why Hong Kong and Singapore should tax wealth more

Neither needs the money; both need to address rising inequality

Property tax better form of wealth tax for Singapore: Heng Swee Keat

Ms Cheryl Chan (Fengshan) called for net-wealth taxes and taxes on inheritances in remarks made in Parliament on Wednesday, and asked if ultra-high-net-worth individuals were willing to share their wealth to uplift the vulnerable and less privileged.

Beneficial ownership rules amended

The February 2019 notification (referred to as the Amendment Rules) would implement provisions in the 2013 Act requiring SBOs to disclose their holding in a reporting company and any changes in that holding within specified deadlines.

Parliament: Wealth, inheritance taxes could be avenue to level playing field

To reduce the wealth inequality gap, Singapore has taxes on personal income, property and consumption, so the top earners and those with more assets contribute to the national coffers, she noted.

Nexia and Baker Tilly round out top ten global accounting networks

Yet despite the Big Four’s control over half of the market, raking in nearly $150 billion between them, the mid-tier have all managed to record revenue growth over the past year.

Hong Kong Passes Profits Tax Exemption Bill for Funds

Eligible funds can also enjoy the profits tax exemption for investments in both overseas and local private companies.

The curious case of missing wealth taxes in Singapore

The missing debate on wealth taxes is not just curious, it is also unhealthy.

Why hiding wealth is now harder than ever for China's billionaires

China’s highest-paid movie star, Fan Bingbing, was ordered to pay more than $100 million in back taxes and fines in October after a months-long tax probe, sending a deep chill through the domestic film industry.

Government targets 16.6% tax revenue growth in 2019

He also said that the tax office would follow up on its tax amnesty findings to intensify collecting taxes

Pak-Swiss dual taxation treaty: Amended article allows access to banking information

The Swiss government is cooperating with the Pakistani tax authorities and Federal Board of Revenue has already ratified the convention on the avoidance of double taxation between the two countries

Is S$500 billion in aggregate reserves enough or does Singapore need higher taxes?

Singapore has one of the highest savings rates in the world but an ageing population presents its own challenges and raising taxes is one way to mitigate the situation By