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
Tax
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.
05/23/2016
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
05/23/2016
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.
05/22/2016
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
05/22/2016
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
05/20/2016
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.
05/20/2016
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.
05/20/2016
Bad offshoot of Mauritius tax treaty
This is expected to plug a huge source of revenue leakage and capital flight.
05/19/2016
Dissecting the India-Mauritius Amended Tax Treaty
The Protocol also provides for updating the Exchange of Information Article per international standards