Managers of Wealth Asia Pacific

New tax chief to target the rich

He reasoned that only 27 million people payed taxes out of 129 million people categorized as middle and upper class

Taxman taking technology help to check evasion by rich groups: CBDT

Talking about the surcharge levied on high income taxpayers in the Budget

MPs deny holding offshore trusts, companies

Opposition MPs issue joint statement in reply to individual questions

NZ Endeavour agrees Qrops deal with Malta's Elmo

New Zealand pension firm NZ Endeavour Trustees has agreed terms with Malta-based Elmo Pensions to facilitate a partial or full transfer of pension assets between two of their respective Qrops funds.

The 13 tax havens where rich Indians stash their money

The Modi government is hoping to choke India's black-money culture with mandatory tax number declarations for people shopping with large sums

Indonesia Spending Cuts to Depend on Tax Amnesty, Minister Says

Indonesia is trying to spur economic growth that slowed last year to the weakest since 2009

BIR urged to focus on the 'big guys'

The LTS, which groups 2,320 corporations as of last year, is the BIR office in charge of collecting and monitoring taxes from the country's biggest corporations based on different criteria.

Multinationals could face $270,000 fine over failure to disclose tax affairs

As the election draws closer, both parties are trying to outdo each other on plans to curb multinational tax avoidance.

Super rich should brace for Robin Hood Tax in Budget

Everybody's tax is up but more for the super rich Taxing the rich is low-hanging fruit because such measures face little political opposition.

India signs agreement Maldives for avoidance of double taxation

Under the agreement, profits from the operation of aircraft in international traffic will be taxed in one country alone.

Retrieving black money: Stairway to tax havens

Even though close to a thousand TIEAs have been signed by various countries, only a small number involve India.

HSBC’s Swiss, Dubai arms under lens for tax evasion by Indians

HSBC has been under scanner ever since a leaked list of hundreds of Indian clients of its Geneva branch found its way to the Indian tax authorities.

Financial impact of global probe could be significant: HSBC

The bank was “fully cooperating” with authorities, but warned that the resulting financial impact of the investigations globally could be “significant.

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