Managers of Wealth Asia Pacific

Indonesia’s new tax law is bad news for Singapore

Indonesian president Joko Widodo isn’t going to be very popular in Singapore.

China tightens tax rules for foreign groups

China has tightened its rules governing the sale of domestic assets by foreign entities in a twopronged assault on tax avoidance and the overheating property market.

Singapore increases top income tax rate in bid to address widening wealth gap

Singapore took another step toward Western welfare systems and further from low-tax models like Hong Kong

India Supports to probe Wealth Stashed abroad during MR’s regime

Indian media sources stated that the India will extend their continuous cooperation regarding the probe on the plundering of national wealth to foreign countries during the previous regime.

Using India’s Double Tax Agreements

India has taken a positive view when it comes to entering into Double Tax Agreements with other nations – it now has over 90 such treaties, many of them recent.

China's Tax Administration Issues New Rules Governing Taxation of Offshore Indirect Transfers

Below is a brief summary and discussion of the application of Announcement 7, which applies to indirect transfers of PRC entities or properties by offshore investors.

Singapore, France sign pact for Avoidance of Double Taxation

Singapore and France signed an amended Agreement for the Avoidance of Double Taxation to lower withholding tax rates for dividends and new anti-abuse provisions.

EY's Aaron Quintal says New Zealanders must understand the OECD's BEPS initiative will see our companies paying more tax overseas

It is certainly not guaranteed that New Zealand would be better-off overall if the boundaries were changed.

Automatic information exchange with India latest by 2018: Swiss government

More than 40 jurisdictions had agreed to become ‘early adopters’ of this exchange mechanism prepared by the OECD

No right time to remove tax breaks for Reits

Tax breaks have enabled S-Reits to be structured in a tax-efficient manner

Australian tax office has not prosecuted any HSBC Swiss account holders

Tax reform advocates say absence of prosecutions raises concerns there is not a strong enough deterrent for Australians who evade paying tax

New China law targets tax avoidance offshore

The law would affect investment companies, analysts said, adding it would also have a significant impact on Hong Kong, a major hub for cross-border deals involving the mainland.

Got a Swiss bank account? The ATO wants to hear from you

Hundreds of wealthy Australians holding secret Swiss bank accounts are being urged to come forward - or face investigation by the tax office.

Indonesia Plans Tax Amnesty to Lure Money Back From Singapore

President Joko Widodo is planning a tax amnesty in a bid to convince Indonesians to bring back funds held offshore as he seeks to narrow the current-account deficit.

Tax Office rejects tax deal with Apple

Apple is also resisting pressure to have its tax information published publicly

Multinationals channel more money through "hubs" in Singapore, Switzerland than ever before, Tax Office says

The data, contained in the Australian Tax Office submission to the federal inquiry into corporate tax avoidance, gives a fresh insight into how commonly multinational groups shuffle money between countries.

CBI probe sought into AAP’s offshore funds

A plea seeking CBI probe into the past and present foreign funding to Aam Aadmi Party was on Wednesday filed in the Delhi High Court alleging that it has been receiving offshore funds in violation of FCRA provisions

China to Crack Down on Tax Collection From Multinational Companies

China’s tax officials plan to step up efforts to collect taxes from multinational corporation in the latest of a series of moves in the last year, mostly against Western companies.

Foreign firms run to tax advisers on China’s new rules

The Chinese government’s vow to increase tax scrutiny on foreign companies sent firms rushing to tax advisers

'Bilateral APAs eliminate double taxation'

According to the APA-related frequently asked questions (FAQs), no bilateral APAs are currently permissible in the absence of Article 9 in the respective double taxation avoidance agreement between India and the respective jurisdiction