09/02/2016
Singapore industry relieved at low impact of Indonesia tax amnesty
Assets returned must be kept in Indonesia for three years, in funds managed by appointed banks or invested in property.
09/02/2016
Assets returned must be kept in Indonesia for three years, in funds managed by appointed banks or invested in property.
09/01/2016
Minister for Finance Ishaq Dar termed the decision a historic one while briefing a crowded press conference regarding decisions of the Federal Cabinet here at the Prime Minister’s Office.
08/31/2016
Deloitte in Australia has announced that Morse Consulting will join its Australian business.
08/30/2016
It will improve transparency in tax matters and will help curb tax evasion and tax avoidance.
08/30/2016
The goal of these policies is clear, to compete with other tax jurisdictions and create a larger base of taxpayers for state revenue.
08/26/2016
India had also recently agreed a similar change to its tax treaty with Mauritius.
08/24/2016
The bilateral tax treaty helps in avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income.
08/24/2016
Singapore's Minister for Trade and Industry (Industry) S Iswaran signed an avoidance of double taxation agreement with Ethiopia
08/23/2016
Disputes between revenue authorities have been a feature of the global tax system for more than 100 years.
08/21/2016
Notably the list includes mining giants Rio Tinto and BHP Billiton, which have just faced a fresh Australian Taxation Office crackdown on their sales hubs in Singapore, through which they funnel billions of dollars.
08/19/2016
Under the amnesty, tax-avoiding individuals and companies would pay between just 2 per cent and 10 per cent in penalties, or around a third of what they should be.
08/18/2016
This group consisted of the officers of investigation division of the Central Board of Direct Taxes.
08/18/2016
Tax declarations of income tax filers are time barred and could not be opened beyond last five years.
08/18/2016
In addition, the government hopes that more than US$70 billion of assets overseas will return home under the amnesty.
08/16/2016
The ATO said that these arrangements can give rise to significant profit shifting issues for the Australian entities involved.
08/15/2016
Bintan, Rempang earmarked to draw funds that may otherwise be kept outside Indonesia, says senior minister
08/15/2016
The capital, including $8.7 billion worth of newly registered and $4.3 billion worth of additionally invested capiral, will be used to develop 1,408 projects.
08/15/2016
India and Mauritius signed had signed the revised Double Taxation Avoidance Convention after prolonged negotiations at Port Louis.
08/14/2016
Keeping up with the constant flow of international tax developments worldwide can be a real challenge for multinational companies.
08/12/2016
What are the objectives and benefits of a double taxation avoidance (DTA) agreement?