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.
Tax
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.
10/03/2017
Adani Australia: Investigation uncovers tax haven ties to British Virgin Islands
Adani Group's filings with ASIC fail to mention a company registered in the British Virgin Islands
09/29/2017
AUSTRALIA: Advisers face tax registration risk
The Tax Agent Services Act 2009 also requires registered tax practitioners to notify the TPB within 30 days of their contact details changing.
09/28/2017
Taxman cometh for the digital economy
Perhaps nowhere is the conundrum more stark than in the sharing economy.
09/22/2017
Grant Thornton grows through M&A in Australia, Canada and Costa Rica
Grant Thornton today announced member firm expansion in Australia, Canada and Costa Rica.
09/22/2017
Asia’s Regional Tax Wars Indicate That It’s Time to Review Tax Incentives
Asian countries must take steps to rationalise tax competition and build cooperation on tax matters, both at the regional and the global level.
09/20/2017
Indonesia to trace and tax assets kept hidden during amnesty
His finance minister, Sri Mulyani Indrawati, warned tax dodgers that if they did not join the amnesty, they would face “hell”.
09/20/2017
Taiwan, South Korea negotiate agreement on double taxation avoidance
He also noted that the two sides could further collaborate in the field of electronics and the environmental protection industry.
09/15/2017
Australian government introducing legislation to remove double taxation of digital currency
The Bill will ensure that Australians are no longer charged GST on purchases of digital currency.
09/14/2017
Indian offshore wealth parks itself in tax havens of Asia
This trend has emerged from analysis of data released for the first time by the Basel-based Bank of International Settlements on bilateral foreign holdings.
09/13/2017
Brunei Darussalam expands its capacity to fight international offshore tax avoidance and evasion
The Convention is the most powerful instrument for international tax cooperation.
09/12/2017
Here are the countries whose wealthy stash their riches in offshore havens
What’s also interesting is that high tax rates aren’t really a driver.
09/11/2017
From next month, showing off your wealth on social media may land you in trouble
The tax department will analyse mismatches in income declarations and spending patterns to trace tax evasions and black money, an official said.
09/05/2017
Former AC/DC Promoter's Secret Swiss Account
De Lutis recently told the Victorian Supreme Court he used inflated invoices for fabric and Starsky and Hutch-style cardigans to spirit the cash to a bank in Switzerland.
09/04/2017
Grant Thornton bolsters dedication to retail clients via merger
GNC Group Consulting has deep experience advising some of the most successful retailers in the country and we're looking to bring their capabilities in house.
09/04/2017
Switzerland commits support to India in fight against black money
India wants information from Switzerland about black money stashed away by Indians in Swiss banks.
09/01/2017
China poised to launch new tax-deferred pension scheme
The new scheme might roll out as early as October as part of the government's drive to overhaul the pension system
08/31/2017
India: Protocol For Amendment Of Indo-Mauritius Double Taxation Avoidance Treaty
The Ministry of Finance, Government of India, has issued a Press Note dated May 10, 2016 that marks a turning point in India's venture with tax avoidance.
08/31/2017
Vietnamese derivatives need tax incentives
These account for around 70% of total market cap, according to Saigon Securities – but the legal framework also allows for derivatives based on government bonds, currency and commodities and listed shares in future.