Managers of Wealth Asia Pacific

INDIA: Swiss banks may delay transfer of tax evasion data

The Swiss finance ministry spokesperson recently confirmed that a meeting is expected in the coming weeks

India may have to wait for automatic exchange of Swiss information

The response was to a query on whether India would also be among the countries with which Switzerland would start discussions in the initial phase.

NZ’s tax system second most competitive in the world

New Zealand’s tax system second most competitive in the world

Thailand: Govt vows inheritance tax 'fairness'

Pridiyathorn predicts full AEC hub benefits

Filipinos facing reality of tax burden

If our tax system were different, I would have thought twice about leaving

Indian, Swiss tax authorities expected to meet over controversial 'HSBC list'

New Delhi wants to exert pressure on the Alp nation following a pact between the world's key economies, G20, for sharing information on bank accounts and tax offenders.

Maybank Islamic wants tax breaks on waqf, zakat

I believe programmes like zakat and waqf can add value to the agenda of equality in Malaysia

Philippines: DOF fine with lower tax rates but wants more power to catch tax cheats

Our tax rates are high and yet our tax collection efficiency is low

Inheritance tax worries Thailand’s ultra-rich

What will happen if the inheritance tax is revived in ways that mean Thais won’t return to “happiness”?

Business leaders to face parliamentary inquiry on tax avoidance

It estimated up to $80 billion could have been forgone by the Australian Tax Office over the past decade due to the complex tax-minimisation strategies employed by the biggest 200 sharemarket-listed companies.

Australia to take action against tax avoidance by companies

It found that almost a third of the biggest 200 Australian companies have been paying less than 10 per cent tax

Court sides with Filipino ADB employees in BIR case

In a 31-page decision penned by Judge Carlos Valenzuela, the court declared as void a section of a BIR memo issued in 2013 that said only foreign officers and staff of the ADB are exempted from Philippine income tax.

The Philippines signs the Convention on Mutual Administrative Assistance in Tax Matters

To enter into force, the Convention must now be ratified by The Philippines.

Global crackdown on tax havens fails to sway Australian companies

Australia's top companies have been unswayed by a global crackdown on corporate tax avoidance, with almost 60 per cent of the top 200 listed companies holding subsidiaries in tax havens or low-tax jurisdictions.

One third of top Australian companies pay less than 10pc tax; Government missing out on at least $8b per year

Rupert Murdoch's 21st Century Fox pays 1 per cent tax and casino group Echo Entertainment pays 5 per cent tax.

Philippines signs convention to fight tax evasion

An amending protocol, entered into force in 2011, is expected to assist developing nations secure the benefits of the new cooperative tax environment

Australia: Investment via limited partnership falls out of double tax treaty

This article focuses on the 2014 Australian Full Federal Court decision in Commissioner of Taxation v Resources Capital Fund III LP

ATO amnesty project targets tax evaders, unlocks money stashed in havens, inherited offshore accounts

The Tax Office has learned of about $550 million worth of assets stored in offshore havens in Europe, Israel and Asia, as part of a project called DO IT.

Mauritius, India in talks to address tax treaty concerns: FSC

Dispelling 'misperceptions' that Mauritius is a tax haven, its financial sector regulator has said the island nation is in discussions with India to address concerns and make changes to the bilateral tax treaty.

Australia: Govt to amend fund merger tax laws

Government, regulators and the super fund industry have been working together to address the problem