06/14/2016
Tax avoidance tactics laid bare: PwC tells multinationals 'read the play'
It's just that now their clever tax tactics are being devised with consideration of the political landscape, and the greater threat of audits.
Tax
06/09/2016
Multinational tax avoidance cost Australia $6bn in 2014, Oxfam report claims
Report calls on government to strengthen Australia’s multinational tax avoidance laws and make financial reporting requirements more transparent
06/08/2016
Panama Papers Link Cambodians to Offshore Firms
The latest data include 25 individuals related to Cambodia who hold shares in 26 different offshore companies.
06/08/2016
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.
06/08/2016
Scott Morrison defends Sharia law investment tax changes
The changes announced in the budget will remove this impediment.
06/07/2016
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.
06/07/2016
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.
06/07/2016
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.
06/06/2016
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
06/06/2016
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.
06/03/2016
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.
06/02/2016
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.
06/01/2016
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.
06/01/2016
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.
05/30/2016
Details of Kingdom’s first double taxation agreement released
The 34-page document, uploaded on the website of the Inland Revenue Authority of Singapore
05/26/2016
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.
05/26/2016
Panama president admits to offshore company in Pakistan and other unbreakable news
He also owns an expensive flat in Karachi.
05/26/2016
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
05/25/2016
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.
05/25/2016
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.