Managers of Wealth Asia Pacific

New rules in China lay trap for tax cheats at home and abroad

New reporting regulations meant to help authorities track down evasion at home and corrupt officials overseas

Tax fraud investigation may disrupt Panama papers inquiry

A tenth person has been arrested and charged

Indonesian tax office gets power to probe client bank accounts

The move is part of the country’s efforts to get in line with initiatives such as the Automatic Exchange of Information, according to a report by Reuters.

Advice network buys into accounting industry

P&P was acquired under AZ NGA's usual agreement including a 49% share swap of the firm's equity for AZ NGA shares under a progressive 10-year buy-back.

Spooked by inheritance tax fears, Indian high net worth individuals are opting for family trusts

That’s the new avatar of the Indian richie rich.

Russia, Japan To Sign New Double Tax Agreement

The text of the agreement has yet to be released.

Foreign home buyers hit by vacancy tax and restrictions

The intention is to encourage foreign owners to rent out their investment properties when they’re not living in them.

Crackdown on multinational tax black economy

The Australian government is continuing to crack down on multinational tax avoidance and the 'black economy' under a new set of recommendations to be implemented.

KPMG sees robots taking over tax compliance

The tax profession is ripe for digital disruption.

Pakistan, Bulgaria sign accord to avoid double taxation

The ADTA between Pakistan and Bulgaria will help in increasing bilateral trade and investment

PHL faces hurdles in copying Indonesia’s tax amnesty

The previous administration estimated lost revenue due to evasion at about $10 billion a year.

Indian Banks To Soon Freeze Accounts For FATCA Non-Compliance

The financial institutions were also advised to continue to work on completing the required due diligence, including obtaining self-certifications.

FICCI proposes 10pc corporate tax cut

BWCCI, IBCCI also place their fiscal proposals

Tax amnesty: Law on the anvil to protect owners of offshore assets

The stakeholders – including the government and businesses – are finalising the and Foreign Asset Tax Bill, 2017 to give a general tax amnesty scheme.

Indonesian tax amnesty odd help for private banks

The bold scheme, launched last year with great fanfare, initially alarmed private bankers.

Hong Kong signs data-sharing deal with South Africa and Portugal

It is the latest data-sharing agreement signed by Hong Kong

In tax evasion hunt, Australia finds scores of Swiss accounts still active

Out of that, Australia has already identified more than 340 and is still making inquiries to expose the remainder.

Corporate giants hit with $2.2 bn Australia tax bill

The government said four of the firms were involved in ecommerce and three in the energy and resource sectors

Indonesia to widen crackdown on tax evaders as amnesty ends today

Mr Widodo is banking on revenue from the amnesty to fund billions of dollars in infrastructure projects as South-east Asia’s biggest economy struggles to return to historic levels of economic growth.

Specialists to thrive as clients seek compliance

In short, legal, tax-compliant structures are the only way forward.