06/05/2017
Life with elephants: wealth management in India
It also offers consulting services, business aid and help with regulation processes.
Tax
06/05/2017
The problem with Asian fund passport schemes
The Asean passporting scheme between Singapore, Malaysia and Thailand has had far fewer participants, with only six funds that have been approved for sale in total.
06/01/2017
The fight against offshore tax evasion continues: CRS disclosure facility delivers first results
Practitioners, financial advisers, civil society and anyone with knowledge of schemes that purport to circumvent the application of the CRS are strongly encouraged to come forward and make use of this facility.
05/31/2017
Tax queries: How to claim TDS refund
As your total income does not exceed Rs 2.5 lakh, your tax liability will be nil.
05/31/2017
Hogan rejects ATO boss 'settlement' claims
I'd have been quite happy to go to court
05/31/2017
'We will hunt this down': ASIC probes bank tax leak
Rumours that a bank tax would be announced in the budget helped wipe off some $14 billion in market value of the lenders on May 9
05/30/2017
Paul Hogan paid ‘tens of millions’ to ATO
Sometimes substantial amounts, in the tens of millions, are paid, and that covers the liability.
05/29/2017
Japan, Iceland reach basic agreement on tax convention
The convention is hoping to boost mutual investment and encourage economic exchange.
05/28/2017
How Hong Kong can shed its reputation as a tax haven
Kalina Tsang says the government’s half-hearted attempt to enforce better information sharing with other jurisdictions to combat cross-border tax evasion does not go far enough, and it should be bolder
05/25/2017
Govt targets $100M/year from closing offshore tax loopholes
Tax consequences should not be an obstacle to businesses innovating
05/21/2017
Australia Should Extend New Levy to Foreign Banks, Lawmaker Says
Bank levy on foreign firms may raise up to A$800 million
05/21/2017
Modi government makes major breakthrough on black money stashed in Swiss bank
The ministry of finance replied, “Information on 628 Indian persons holding bank accounts in HSBC bank in Switzerland was received from the government of France under Double Taxation Avoidance Convention between India and France.
05/20/2017
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
05/19/2017
Tax fraud investigation may disrupt Panama papers inquiry
A tenth person has been arrested and charged
05/17/2017
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.
05/15/2017
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.
05/11/2017
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.
05/10/2017
Russia, Japan To Sign New Double Tax Agreement
The text of the agreement has yet to be released.
05/09/2017
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.
05/09/2017
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.