Managers of Wealth Asia Pacific

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.

30 offshore tax evaders under probe

Some officials working for the country's top 30 conglomerates are reportedly expected to be investigated for tax evasion attempts; but the NTS didn't give the names of the conglomerates.

Big business accused of using 'straw man' arguments against tax avoidance crackdown

Tax Justice Network advocates tougher rules that will prevent multinationals gaming international tax laws so they pay little or no tax

India, France to explore avenues to check offshore tax evasion

India has been spearheading the campaign at international fora for automatic exchange of information with a view to check tax evasion.

Accounting Big Four gear up to support family businesses

Just this month, PwC beefed up its firepower with the acquisition of homegrown brand strategy consultancy StrategiCom

Canada signs double tax agreement with Taiwan

A double taxation agreement has been signed by Canada and Taiwan, limiting the withholding tax rate for dividends, interest, and royalties.

Russian Agreement Advances Hong Kong's DTA Priorities

For this purpose, we will seek to negotiate as soon as possible with those countries which have yet to sign these agreements.

Black money hunt leads to tax bosses

Top official 'wrote to CBI saying tax babus were helping businesses evade their dues'

Tax Office trawls for owners of boats, planes, horses

It will allow the ATO to make more accurate estimate of peoples' wealth to ensure they meet their tax obligations.

Filipino ADB employees tax-exempt, CA affirms

BIR Commissioner Kim S. Jacinto-Henares told the Inquirer on Wednesday that the country’s biggest tax-collection agency will appeal the latest CA ruling before the Supreme Court.

RBI, banks seek higher tax sops under 80C

Bankers said the ceiling should be enhanced, especially at a time when real interest rates (net of inflation) had turned positive after several years.

Financial advisers say wealthy will accept super tax hike

Most people understand that the incentives for saving within super are exemplary compared to other vehicles and that it is important the system is seen as fair and equitable.

Pakistan-Kabul Talks in March on Avoiding Double Taxation

A draft agreement on avoidance of double taxation and prevention of fiscal evasion convention was handed to Afghan authorities in the Joint Economic Commission meeting held in February 2014.

Seychelles-Singapore DTA Operational

Withholding tax on royalties income at source will be capped at eight percent or such income will be exempt.

Asian Citrus appoints new auditor

The Company also confirmed that HLB shall hold office until the conclusion of its next annual general meeting.

A Tax Agreement is Signed Between Taiwan and Japan

The DTA provides that each signatory state will not tax the profits of enterprises from the other state unless such enterprise has set up regular or permanent presence in the taxing state.

VTCS will encourage tax evasion, corruption: PEW

He warned that move to purify ill-gotten money amounts to encouraging corrupt elements, while billions of illicit wealth would be detrimental for the society.