Managers of Wealth Asia Pacific

UPDATE 1-Indonesia proposes law to give tax office access to bank data

The central bank governor said last month that Indonesia has to adjust its banking law to aid its tax officials before 2018, in line with the global trend.

Scott Morrison defends Sharia law investment tax changes

The changes announced in the budget will remove this impediment.

Tax amnesty for offshore companies, overseas properties ruled out

However, the authorities are working along with other stakeholders for preparing a legislation package for ensuring more disclosures as part of country's tax laws.

Is Indonesia Banking Too Much On Tax Amnesty Bill?

Equity analysts are hoping that real estate stocks will get a boost from the tax amnesty bill.

PM Modi secures Swiss support on stashed cash

The banks will keep tax authorities in their own country, in this case Switzerland, informed about tax issues related to the client.

Cyprus says 'very close' to revising tax treaty with India

As part of larger efforts to curb illicit fund flows, Indian government has been working on revising tax treaties with various countries

End of financial year: Make sure your tax planning and compliance is in order

The extra funding for the ATO signals the government’s increased efforts to crack down on tax avoidance.

Labuan wants to be tax haven

Despite the bad press for tax havens, Labuan authorities are on a promotion drive to get the attention of wealthy businessmen.

Malaysia’s mid-shore financial hub welcomes demand for greater transparency

Labuan IBFC was established in 1990 as a mid-shore jurisdiction based on the island of Labuan off the Borneo coast.

Swiss government names Lalit Modi, wife among those facing tax probe

Email and SMS queries to former IPL Commissioner about the notifications elicited no response.

Exclusive: Asian regulators ask banks to reveal Panama Papers' links

The sources did not disclose which banks were written to nor the names on the lists.

Details of Kingdom’s first double taxation agreement released

The 34-page document, uploaded on the website of the Inland Revenue Authority of Singapore

Black money: India may sign agreements with Swiss banks during PM Modi’s Switzerland visit

Both countries have stepped up their cooperation on tax matters related to black money allegedly stashed by Indians there.

Panama president admits to offshore company in Pakistan and other unbreakable news

He also owns an expensive flat in Karachi.

India is shutting down its tax havens: Why this may be a good thing.

Mauritius has over the years developed and marketed its legal and judicial system

Extension of profits tax exemption encourages PE managers to relocate to Hong Kong

These full-service management companies will usually need to be SFC licensed.

Cayman Islands tax haven holds more Japanese money than ever

The 74.4 trillion yen figure is larger than the corresponding figures invested in France and Britain, the BOJ statistics showed.

Finance Ministry To Conclude Tax Treaty Revision With Singapore, Cyprus In FY17

After revising the tax treaty with Mauritius , the Centre will soon initiate the process of modifying tax agreements with Singapore and Cyprus and hopes to complete the process within the current fiscal so that there is uniformity on capital gains tax wit

Leak Scandal: Japan, Panama Agree to Share Data on Offshore Companies

Japan and Panama have reached an understanding on how to share tax and shell firm data after a scandal involving a Panamanian company that allegedly helped clients evade taxes.

Crackdown looms for India's super-rich tax avoiders

The numbers are hard to square with the estimated 2,100 ultra-wealthy Indians whose net worth exceeds $50 million