Managers of Wealth Asia Pacific

Enforcing the Foreign Account Tax Compliance Act in the Philippines

The target of Fatca are “US persons,” meaning US citizens and US permanent residents who are residing outside the US.

THAILAND: Guidance issued on tax treatment of cryptocurrency

Operators for this purpose include intermediaries, brokerages, providers of platforms and dealers.

Andersen Global enters India with Vaish tie-up

This entity was later rebranded as Andersen Tax in 2014.

Switzerland set to amend anti-money laundering law

The Swiss Federal Council has now initiated the consultation process for amendments to the country's anti-money laundering law.

Andersen Global Announces Presence in India

“Best-in-class, integrity and independence remain our priorities, and we will continue to expand our team in India with this in mind.”

People’s Republic of China: Pilot program launched for tax-deferred commercial pension insurance

The tax-deferred commercial pension insurance policy is considered an important supplement to the government-sponsored basic pension fund and employer annuity plans

Brazil signs key tax agreements with Singapore and Switzerland

These actions improved the conditions for bilateral investment into Brazil while the grey-listing counter-measure aimed to create an equilibrium between the countries’ tax regimes.

China tax deferral for private pension “very significant”, CSIA head says

CSIA is an official insurance research group under China’s Banking and Insurance Regulatory Commission.

Tax agency cracks down on illegal wealth transfers

Last year, the tax agency collected 2.81 trillion won (US$2.6 billion) in additional taxes from such illegal wealth transfer.

Government targets tax evaders

She said while the ATO found the majority of Australians complied with their tax obligations

Tax Office targets $900m linked to 106 secret Credit Suisse accounts

A separate criminal investigation has been referred to the cross-agency Serious Financial Crime Taskforce.

Get on board the Philippine’s TRAIN

Philippine’s TRAIN introduced amendments to personal income taxation, transfer taxes, taxation of sale of shares of stocks, and documentary stamp tax.

Banks shouldn't face tax cut ban: govt

Revenue and Financial Services Minister Kelly O'Dwyer does not agree with an independent senator that the banks should be barred from a company tax cut.

SoftBank fixes tax filings for unreported earnings

The amendments come amid increased scrutiny of the use of tax havens by technology giants such as Google Inc., Apple Inc. and Amazon.com Inc.

New ITR forms make it difficult to evade tax on HRA: Here's why

The Government's focus on e-assessments is another endeavour to use information technology to effectively assess tax returns and plug tax avoidance.

Revisiting Panama: Pakistan’s tryst with tax havens

This colossal data leak, the first of its kind, was analysed for a year and compiled into what is now known as the Panama Papers.

Vietnam seals deal in tax agreement

Tran Lam Tung, Vietnamese Embassy trade attache in Phnom Penh, said the double taxation treaty encouraged international trade and investment along with the free flow of technology.

Financial secrecy Philippine style

Granted, most of the money was simply being hidden from current or ex wives, boyfriends, business partners and taxing authorities, in a few cases the funds were exceedingly dirty.

Australia Provides Update On International Tax Enforcement

Next he discussed the transfer of intellectual property offshore, describing it as a growing concern for the ATO

India tax department freezes certain Cognizant bank accounts: report

India's Income Tax department has frozen Cognizant Technology Solutions Corp's bank accounts and deposits in Chennai and Mumbai for allegedly evading a dividend distribution tax (DDT), according to a report on Tuesday.