Managers of Wealth Asia Pacific

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

Singapore to scrap 'not ordinarily resident' tax status next year

Those who qualify are not taxed on the portion of their Singapore-sourced employment income

Deloitte named a leader in Asia Pacific in managed security services by IDC

IDC describes the MarketScape as “a quantitative and qualitative assessment of the characteristics that explain a vendor's success in the marketplace and help anticipate the vendor's ascendancy.”

Philippines Tax Agency Sets Sights on Online Casinos for Chinese

More than 3 million Chinese have entered the Philippines from 2016 and many of them have applied for work permits

Australian tax agency to crack down on lawyers protecting tax-evading clients

CANBERRA: Australia’s tax collector has announced a crackdown on lawyers who misuse legal privilege to protect their clients.

Wealthy seniors on easy street as tax breaks punish young Aussies

There are certain Australians who enjoy lucrative tax breaks while others miss out. And experts say it’s unfair.

India needs to boost private investment for growth: Kotak Mahindra Bank CEO

"We need to create a situation where the ground capacity will be growing at somewhere between 8 and 9 percent," he said.

Andersen Global Expands Presence in India; Nangia Advisors Opens Offices in Bengaluru and Pune

Andersen Global embarked on its expansion in India less than a year ago