Managers of Wealth Asia Pacific

Singapore to unveil improved tax incentives for family offices

The announcement, which is said to be made next month, will also allow family offices to benefit from making contributions to blended finance.

FSCP hands down second order, audits adviser

Mr. M failed to consider the client's life, TPD and income protection policy in the prior super fund when recommending the switch in the SoA.

New profit tax waiver enhances ‘attractiveness of Hong Kong’ as international family-office hub, ‘scores’ of inquiries received: InvestHK

Hong Kong will waive a 16.5 per cent tax on profits generated from global stocks, bonds and other qualified investments by family offices set up in Hong Kong

Taiwan regulator to focus on three areas of ETF market to bolster growth

On product diversity, the Securities and Futures Bureau division of the FSC will study the possibility of introducing different types of new funds based on global trends.

PwC banned from future NSW tax advice after scandal

The alleged conduct of Peter Collins is now the subject of a federal police investigation.

Hong Kong’s SFOs need for talent to rise following tax incentives

With Hong Kong’s recently introduced family office-related legislation, single-family offices are expected to increase in the city, along with the need to hire professionals, says JP Morgan Private Bank.

India’s rich to turn to alternatives following tax changes

India’s wealthy individuals will look to increase their exposure to alternative investments via alternative investment funds, following recent tax changes to mutual debt funds.

Luxury property hit by tax hikes for foreigners

The Singapore government's decision to double stamp duties for foreigners could slow down purchases of luxury homes and affect the city-state’s competitiveness as an investment hub.

1.2 trillion euros worth Asian wealth kept offshore: OECD report

The report released during the fourth meeting of ‘Asia Initiative’ held in New Delhi, underlined the need to check tax evasion and illicit fund flows

Richest Kiwis pay about half as much tax on the dollar as the average New Zealander

Revenue Minister David Parker said the low tax rate was explained by the fact they received about 80% of their income in form of capital gains, much of which was earned through trusts and companies and which was often untaxed.

Mercer proposes superannuation tax overhaul

Mercer senior partner David Knox said the recommendations would improve the super tax system now and into the future.

The rationale of implementing a double tax treaty between Australia and Greece

International tax lawyer and academic, Tony Anamourlis delves into the challenges and benefits of the much anticipated agreement between the two countries

FAR to display whether financial advisers can provide tax (financial) advice

The requirements with respect to QTRPs are separate to those which require financial advisers to be registered with ASIC by 1 July 2023.

KPMG proposes tax offset, reform to boost gender equality

"The CARITO wouldn't be gender specific, but since women do most of the caring work it would be most beneficial to them."

Leading investment management firm implements GBST’s Pre-Trade Tax Analyser

“Providing visibility to investment managers regarding the tax impact of a proposed trade prior to trading, is the only way managers can ensure these tax benefits are not inadvertently lost, and we are delighted that our patented solution will be us

KPMG Launches Embedded Finance Hub in Singapore

«Embedding relevant financial services in the user journey of non-financial services industries can enhance convenience and value to both customers and businesses,» said the Monetary Authority of Singapore’s chief fintech officer Sopnend

HKMA Releases the Guidelines on Auditor’s Report for Application for Certification of Funds for Carried Interest Tax Concession

The Auditor’s Report Guidelines set out the requirements and other matters in relation to the auditor’s report.

Tax