Managers of Wealth Asia Pacific

Japan mulls wider tax net for offshore income

The Finance Ministry is considering scrapping the 20% limit and switching to a system that imposes taxes based on income categories.

Billions in tax to return to Indonesia

In a country where fewer than a million of the 250 million-strong population pay tax, the government has passed a bill hoping to claw back billions.

New Indonesian tax amnesty law will raise 2016 growth to 5.2%, says OCBC

Taxpayers have until 1Q2017 to join the scheme.

New steps to strengthen transparency in international tax matters: OECD releases guidance on the implementation of country-by-country reporting

A key pillar of the project focused on ensuring transparency while promoting increased certainty and predictability.

Indonesia's parliament set to pass new tax amnesty law next week

A government official involved in the deliberations confirmed with The Straits Times that under the tax amnesty law, the government will tax these assets held by individuals or companies

Tax efficiency no longer primary driver for offshore investment

This was followed by tax efficiency (23.2 per cent) and better investment returns offshore (21.9 per cent).

Govt approves double taxation avoidance agreement with Belgium

To check abuse of double taxation, India signs agreement with Belgium.

A generational mind-set to servicing family wealth

But tax is not really important compared with the underlying realities.

Australia taxes foreign home buyers as affordability bites

Lend Lease said the sale broke local records but such reports have also fuelled calls for government action to protect Australian buyers.

OECD mulls blacklist for defiant tax havens

The evaluation standards of an international entity that examines the transparency of jurisdictions for tax purposes will likely be used for this determination.

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.

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

Panama Papers Link Cambodians to Offshore Firms

The latest data include 25 individuals related to Cambodia who hold shares in 26 different offshore companies.

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.