Managers of Wealth Asia Pacific

Japan’s looming tax test - HSBC

Japan boasts the lowest sales tax rate in the developed world, at 5 per cent.

Philippines Pursuing Tax Dodgers

The government of the Philippines will soon turn the public spotlight onto tax evaders by publicizing information about tax dodgers.

Brunei, Australia sign agreement on tax information exchange

Brunei and Australia have signed an agreement that would allow the two countries to share information on tax issues, which is aimed at deterring tax evasion

Labuan IBFC Repositions Itself As Midshore Centre

Labuan International Business and Financial Centre is now repositioning itself as a midshore centre amid further increasing its presence in the region.

New reports review jurisdictions’ information exchange - OECD

The Global Forum on Transparency and Exchange of Information for Tax Purposes has released peer review reports assessing the tax systems of 13 jurisdictions for information exchange.

Belarus to ratify tax treaties with Indonesia, Singapore

The agreements envisage tax sharing and exchange of information between tax authorities

Global impact of ‘Offshore Leaks’ grows

The global impact of our latest international investigation has been astonishing

A Different ‘Offshore’ - Wealth Management For Asian Clients

Many in Asia still equate offshore with only those jurisdictions in the Caribbean

Rules on international tax evasion could be in place in 2014: OECD

The plan calls for a universal and automatic exchange of financial information

Mauritius to address India’s concerns over tax treaty

Mauritius offers to include limitation of benefit clause in double taxation avoidance agreement with India

Singapore Consults On Exchange of Information Changes

Singapore's Ministry of Finance has launched a public consultation on the proposed amendments in the draft

HNW and SMSF under ATO scrutiny

Last financial year, the Government body reviewed more than 9,000, raising $16.4 million and it made 132 funds non-compliant due to serious breaches of their obligations.

Japan Shows How to Stop Corporate Tax Evasion Using Tax Havens

Japan has a law called the Tax Haven Counter Measure Law. It applies to any Japanese subsidiary in a low tax jurisdiction with a tax rate of 20% or less

RSM Bird Cameron expands through Queensland merger

Mid-tier accounting firm RSM Bird Cameron is merging with Brisbane-based firm MHM Accountants

Macau and Malta have agreed to work together to prevent tax evasion and tax avoidance

All the legal arrangements between both jurisdictions have been completed and the treaty is likely to come into force in January.

OECD launches Action Plan on Base Erosion and Profit Shifting

National tax laws have not kept pace with the globalisation of corporations and the digital economy, leaving gaps that can be exploited by multi-national corporations to artificially reduce their taxes.

Financial firms tally hit from US tax law

Compliance costs could reach US$100 million for asset managers, and some local funds have already lost clients

OECD set to target tech giant tax evasion stratergies

Corporate tax avoidance has become a hot political issue following public outrage over revelations in the past year

India, Albania ink deal to prevent tax evasion

The two countries signed an agreement "for avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and on capital",

Vatican bank joins global 'fight against money laundering'

THE revelations of wrongdoing currently rocking the Vatican bank couldn't have come at a worse time for the Swiss-born anti-money laundering expert hired to lead the Holy See's push for greater financial transparency.