Managers of Wealth Asia Pacific

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

Pakistani Laws Facilitate Money Laundering

Contrary to the government claims of clamping down on money launderers and tax evaders, Pakistan’s laws facilitate money laundering and tax evasion in a legal manner, tying the hands of the authorities and preventing any tangible action against the

China Plans to Get Tough on Corporate Tax Evasion

The measures could be announced as early as this month, said two advisers who declined to be named.

India, Slovenia amend DTAA to bring info exchange under ambit

India and Slovenia have signed a protocol to amend the bilateral double taxation avoidance agreement, broadening the pact to include exchange of information to curb tax evasion.

Bad offshoot of Mauritius tax treaty

This is expected to plug a huge source of revenue leakage and capital flight.

Dissecting the India-Mauritius Amended Tax Treaty

The Protocol also provides for updating the Exchange of Information Article per international standards

Nazwaz Sharif paid no wealth tax in seven years

The statement showed Rs.2.49 million was paid as income tax during the current fiscal year, but the column for agricultural tax was blank.

Banks Can Handle Tax Amnesty Funds, with Caveat: OJK

The Financial Services Authority, or OJK, has warned against the government's tax amnesty program aimed at bringing home trillions of rupiah in offshore assets as it may in reality harm the local banking sector with too much liquidity.