Managers of Wealth Asia Pacific

Winning the tax race

As scrutiny over tax filings heats up, firms are pushing to adopt innovative models for their tax practices.

ATO records show negative gearing numbers fall

Up until then we'd seen a fairly big increase in those losses, which result in a tax deduction.

Veteran Singer Insooni Denies Tax Evasion Accusations; ‘We Never Heard About It’ Says Agency

In 1980, Insooni released her first album as a solo artist, entitled "Fate."

Taiwan, Italy sign agreement to avoid double taxation and tax evasion, according to MOFA

Italy became the 14th country in Europe to complete a double taxation avoidance agreement with Taiwan.

CBDT resolves Rs 5,000 crore tax dispute with foreign companies under MAP

The total amount of income locked up in dispute in these cases is approximately Rs 5,000 crore

Sri Lanka to move towards taxing capital: PM

We have to move towards taxing capital in a systematic way karmarnukoolawa.

Vodafone asked to pay Rs 14,200 crore tax dues or face asset seizure

We can confirm that we have received a tax reminder from the Tax Department that also references asset seizures in the event of non-payment

International Tax News, February 2016 - PwC

authored by specialists in PwC’s global international tax network.

Indonesia's wealth managers bank on tax amnesty for take-off

The scheme will offer the well-heeled incentives to bring money back to the country but it won't require taxpayers to repatriate their assets, which means a flood of funds from abroad is unlikely.

Indonesia tax amnesty may lure home some of $280 bil reportedy stashed in Singapore

The scheme will offer the well-heeled incentives to bring money back to the country but it won't require taxpayers to repatriate their assets

CBA pays its tax, and wants whole-of-system reform

So the CBA chief executive is keen to emphasise the bank's "conservative settings" and the strength of its balance sheet in terms of the ability to cope with whatever challenges the market throws up.

KPMG acquires Markets IT

KPMG Australia has acquired Australian financial services technology consultancy, Markets IT.

India – A tax haven

An enterprising tax payer was confronted and cornered like a rat on all sides with various types of taxes.

Save individuals, not ‘living dead’ cos: Rajan

Rajan's statement assumes significance in the backdrop of the government preparing to introduce the bankruptcy bill in Parliament.

Switzerland Says Stolen Data Issue Impacting Tax Cooperation With India

India and Switzerland have been working closely on mutual administrative assistance on tax matters and both sides have expressed their willingness to step up the cooperation.

Significant progress in tax cooperation with India: Swiss government

India and Switzerland have been working closely on mutual administrative assistance on tax matters and both sides have expressed their willingness to step up the cooperation.

A boost to transparency in international tax matters - OECD

The signing ceremony marks an important milestone towards implementation of the OECD/G20 BEPS Project and a significant increase in cross-border cooperation on tax matters.

Malaysia confirms its commitment to implement Automatic Exchange of Financial Account Information

Many jurisdictions are now updating domestic legislation to ensure that financial institutions report information on financial assets held by non-residents. Financial information is already being collected in many jurisdictions for automatic exchange betw

Taxman steps up Swiss account investigations

Since Australia’s tax treaty with Switzerland was amended at the end of 2014, the ATO has intensified its investigation into holdings in Swiss banks and other financial institutions.

This is how little tax Apple is paying

Tech giant is being audited by tax office and is a subject of Senate investigation.