Managers of Wealth Asia Pacific

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.

Sales tax decision, new fiscal policies and G7 Summit put Japan in focus in May

All this takes place against the backdrop of a shaky economic recovery and jittery financial markets.

Japan to announce action plan to curb tax evasion at G-7

Japan will provide a more detailed roadmap to countering tax evasion when it hosts G-7 heads of state on May 26-27, said the sources, who declined to be identified because they are not authorized to speak to the media.

Dollars stashed in Swiss banks reverberate in Senate

Dar says highlight of renegotiated treaty is replacement of Article 26 on exchange of information with a new one; exchange of tax info to help catch tax dodgers and corrupt

Hong Kong residency draws interest from China's elite

Top officials in China's Communist Party are tied to this link via relatives who have established permanent residency in Hong Kong.

Panama Papers leak exposes IE Singapore Chairman

The name of IE Singapore Chairman, Seah Moon Ming, has been found inside the recent Panama Papers, released by the International Consortium of Investigative Journalism

Australian PM Turnbull named in Panama Papers, denies wrongdoing

Australian Prime Minister Malcolm Turnbull on Thursday denied any wrongdoing after being been named in the Panama Papers as a former director of a British Virgin Islands company set up to exploit a Siberian gold prospect.

[Khurram Husain] The need to maintain offshore companies

There are numerous answers, and not all of them involve wrongdoing, says Ali Rahim of Baker Tilly, a chartered accountancy firm in Karachi.

Grant Thornton poaches South Korean member firm from BDO

The pick up of Daejoo Accounting Corporation significantly bolsters Grant Thornton’s footprint in South Korea.

Revised Mauritius tax pact may hit overseas fund flows

The new regime will apply on shares acquired on or after April 1, 2017, the finance ministry said in a statement.

What Mauritius tax treaty changes may mean for markets, investments

Though short-term nervousness is expected in equity markets over the changes in the Mauritius tax treaty, most see the decision as a positive in the long term.

China Has Biggest Number of Links to Panama Papers

The leak has sent shockwaves around the world as the tax avoidance habits of the world's wealthiest people have been exposed.

Expect India to crack down on tax havens like Mauritius, analysts say

India will start imposing capital gains tax on investments coming from Mauritius starting next year, after the two countries agreed to amend a three-decade old treaty.

NZ At Heart of Panama Money-Go-Round

New Zealand is at the heart of a tangled web of secretive shelf companies and obscure trusts being used by well-heeled South Americans to organise their private wealth, business affairs, and channel their funds around the world.

Australia sets diverted profits tax at 40%

Australia plans t to follow the UK with the introduction of a diverted profits tax the so-called Google tax - which will introduce a penalty rate of tax for multinational companies found to have moved profits offshore to improve corporate tax transparency

Tax