12/14/2017
South Korea considers cryptocurrency tax as regulators grapple with ‘speculative mania’
Australia’s central bank governor Philip Lowe warned on Wednesday the fascination with the assets felt like a “speculative mania.”
Tax
12/14/2017
KPMG revenues grow strongly to record $26.4 billion
KPMG invested more than US$1 billion this year in a multi-year program focused on new technology, innovation and developing new services and solutions
12/10/2017
Taxing private wealth may affect Singapore's reputation
They said it is a tricky tightrope to navigate as levies could take on many forms, from further imposts on property to perhaps the reintroduction of estate tax, which was abolished in 2008.
12/10/2017
ATO targets hundreds of Australia's richest people
It is an entirely different approach for the ATO, which has typically relied on audit and review activity to catch cheats.
11/29/2017
Foreign property buyers feel SA sting of dumped bank tax
High existing stamp duty rates on residential property combined with the increase in the foreign buyer surcharge would dampen activity among builders and developers also.
11/28/2017
Samsung Group Chairman Lee Kun-hee ‘s Offshore Account May Cost Him at Insurance Subsidiary
Lee self-disclosed his secret offshore account
11/23/2017
No second tax amnesty, official says
This is fair for those who participated in the tax amnesty,” said Hestu in Manado on Wednesday as reported by kompas.com.
11/22/2017
India slips in OECD ratings on exchange of tax info
A pertinent suggestion for India, is to "ensure the quality of the exchange of information requests sent to tax authorities of other countries and an efficient communication with its EoI partners, in all cases".
11/20/2017
Singapore to raise taxes as govt spending increases
Just as older generations saved and invested
11/13/2017
India, Hong Kong To Sign Double Tax Pact
It will improve transparency in tax matters and will help curb tax evasion and tax avoidance," the Government announced.
11/06/2017
Paradise Papers Expose Rich And Famous Using Tax Havens
The paper called in the International Consortium of Investigative Journalists to oversee the investigation.
10/31/2017
“Direct investment” in tax havens by Korean companies on the rise
There is suspicion that corporate money may have been sent to tax havens in the guise of direct investment to conceal assets or avoid taxes.
10/30/2017
Duterte going after rich who don’t pay right taxes
The group has since expanded with the inclusion of successful tycoons and politicians.
10/29/2017
Labuan's Current Tax Framework Must Be Reviewed: BNM
The revised tax regime should also improve regulation, compliance and prevent tax leakages.
10/26/2017
The Panama Papers yields $50 million, with criminal cases still to come
"What that has left is about 570 Australians we need to work through," Mr Olesen said.
10/16/2017
Philippine Government `On a Roll' Against Tax Evaders
He expects a tax reform bill to receive lawmaker approval.
10/16/2017
New Japan-Denmark DTA To Waive Cross-Border Tax
All other such payments face a 15 percent rate.
10/09/2017
BNZ CEO calls for capital gains tax
Anthony Healy discusses his hopes for the new government's priorities.
10/09/2017
Indonesia says investigating StanChart $1.4 billion transfer to Singapore
Under those rules, countries automatically share annual reports on accounts belonging to people subject to taxes in each nation.
10/05/2017
Inheritance tax on HNIs likely to be reintroduced
The tax could range from 5% to 10% and would apply only to families with a certain net worth, said one person.