08/22/2017
On inheritance tax, net banking and retiring in Japan
The answer to the reader’s first question isn’t so cut and dried. Like so many things regarding Japanese bureaucracy, the best explanation is probably “It depends.”
Tax
08/21/2017
What next after Indonesia’s tax amnesty
Unfortunately, the tax system in Indonesia effectively rewards those who are not productive while punishing those who are
08/20/2017
FDI from tax havens poses risks to economy
The cash flow from tax havens is often risky, especially without adequate technical and tax barriers, say analysts.
08/17/2017
Indian Income Tax department probe Amitabh’s offshore companies after Panama Papers
Several film stars, politicians and businessmen were named in the Panama Papers leaks.
08/17/2017
Fugitive’s trail exposes Red Bull co-owners’ offshore deals
Thai authorities revoked his passport and issued an arrest warrant, but say they don’t know where he is.
08/14/2017
Foreign Investors Are Eyeing Luxury Aussie Real Estate
The rise in home prices will garner the most interest.
08/10/2017
Banks now collecting information about non-resident customers to hand to tax authorities around the world
Australian residents with bank accounts overseas will need to ensure they are reporting the income from those accounts in their assessable income.
08/09/2017
PH to sign tax pact with Brunei
The preparation of documents for the negotiations of a DTA with Cambodia will start by yearend, while those for Laos and Myanmar will be calendared next year, Cabreros said.
08/09/2017
NZ to strengthen tax agreements with India, San Marino
The new TIEA with San Marino allows that requirement to be implemented.
08/07/2017
Swiss cite India's strong data security laws for auto-sharing banking info
The fact sheet and the notification, published in German, also talks about Switzerland looking to explore greater access to Indian market
08/07/2017
Lanka’s SC shoots down tax reforms
The court has asked the government to either change the bill or hold a nationwide referendum on the proposed legislation.
08/07/2017
Hong kong singapore and china get tough tax havens
In an effort to create a ‘level playing field’, Asian economies are committing to new standards of transparency
08/03/2017
Nigeria, Singapore sign agreement to curb double taxation
It operates in a remarkably open and transparent environment, with stable prices, and a per capita GDP higher than that of most developed Countries.
08/01/2017
SMSF auditors merge
Collectively the merged firms will manage in excess of 12,000 SMSFs.
07/30/2017
How to transfer Land Tax-Free Under New Thai Law
Land transferors would need to take several trips to each of the three agencies to seek clarification until they can be sure of completing a transaction.
07/28/2017
How Indonesia Clears Doubts over Commitment in the Financial Sector Transparency
It will also clear doubts over Indonesias commitment to increasing transparency in the financial sector for taxation purposes.
07/27/2017
Kenya signs tax deal with S. Korea
In addition, shareholders in such companies will be exempted from the taxes
07/25/2017
‘Biggest tax settlement on record’: Duterte accepts Mighty’s P25-B offer
The government decided to settle with Mighty as it wanted “to avoid a long court battle that, as we saw in previous cases, could take years to resolve,” Duterte explained.
07/25/2017
India clarifies income tax rule for NRIs
Foreign bank account details to be furnished only if NRI is seeking tax refunds and does not have a bank account in India
07/23/2017
S. Korean gov’t to enhance tax crackdown on overseas card spending
The plan - which is one of the new government’s 100 major projects - is part of the government’s efforts to crack down any tax evasion attempts.