Managers of Wealth Asia Pacific

India’s ‘Clarification’ on Foreign Investments Under Fire

Double taxation of foreign portfolio investments occurs when an investor first pays a transfer tax upon purchase of Indian assets and then again when those assets are redeemed.

US-Cambodia FATCA IGA enters into force

FATCA, signed into US law on March 18, 2010, is designed to combat offshore tax evasion by US persons with offshore bank accounts and investments

The pros and cons of investing in offshore property

The first reason is the significant yield potential.

Resetting tax relations with India

The momentum of Singapore-India collaboration must be kept up.

Azerbaijan blacklists four Pacific offshore centres

The other offshore centres include Panama, the Dutch Antilles and the US Virgin Islands.

India to borrow less as tax evasion crackdown pays off

In India, bonds are issued by the government

Financial firms in Singapore must now establish tax residency status of customers: Iras

It aims to enhance tax transparency to detect and deter tax evasion through the use of offshore bank accounts.

Deloitte Calls For An Innovation-Friendly Tax Regime In Singapore

Innovation does not necessarily involve the creation of something new from scratch

What does the 'automatic exchange of financial account information' between Australia and Greece mean?

Tony Anamourlis delves into the agreement's impact on dual citizens

How to go about chasing black money

The focus of any sustainable reform of the taxation structure must be on reducing flows of tax evasion, not going after existing caches of black money

India and Singapore Sign a Third Protocol for Amending the Double Taxation Avoidance Agreement (DTAA)

The Protocol for amendment of the India-Mauritius Convention signed on 10th May, 2016, provides for source-based taxation of capital gains

No Tax On Second Houses In Vietnam In 2017

It is said that Vietnam's property market is facing issues because of low taxes on properties, with valuations for levies said to be outdated.

South Korea Plans Tax Changes To Boost Growth

In addition, while only KOSPI 200 futures and options are subject to CGT under the current arrangements, KOSPI 200 equity-linked warrants are to be taxed with effect from April 1, 2017.

Investment strategy being reworked due to Singapore tax treaty, GAAR arrival from FY18

Some FPIs may even look at relocating to Singapore from Mauritius even as the treaty benefits in both cases are almost similar.

Another amnesty scheme on the cards

The government has sought proposals from the Securities and Exchange Commission, Federal Board of Revenue, State Bank of Pakistan and Board of Investment to develop some amnesty scheme at the earliest.

After FATCA pact signing, increased focus on possible tax evaders

The Banking Bureau under the FSC said that under the agreement the U.S. can ask for more detailed information on clients who do not cooperate with requests for information.

Indonesia's tax amnesty reaches second deadline

Progress registering undeclared wealth still falling short of budget

Govt mulls tax amnesty to lure foreign wealth back

The government may link the scheme with certain enforcement measures

KPMG reports 10.7pc growth in region

A further 15 partners were appointed through internal promotions.

Will budget hike tax on gains from stocks?

Apart from the minimum holding period, tax professionals also expect changes in the tax rate on short-term capital gains.