Managers of Wealth Asia Pacific

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.

Tax haven Liechtenstein opens consulate in Hong Kong to boost ties

European tax haven wants to boost its presence in Asia as region's economic power grows

Japan to join anti-tax evasion treaty Oct. 1

Japan will join a global treaty to tackle tax evasion on Oct. 1, the Finance Ministry

FATCA Compliance Still a Concern According to Northern Trust Survey of Asset Managers

The survey was conducted among 60 Northern Trust clients in Europe, Middle East and Africa attending a seminar on The Foreign Account Tax Compliance Act (FATCA) at Northern Trust's Canary Wharf offices.

India to blacklist tax havens not sharing info

Switzerland, UAE, Hong Kong and Singapore will find it difficult to do business with Indians

Hong Kong in path of U.S. tax crackdown

The US government will find it much easier to trace Americans who have been hiding their assets

G8 leaders strike deal to fight tax evasion 'scourge'

Leaders of the G8 major economies struck a deal Tuesday to crack down on the "scourge" of illegal tax evasion and fight corporate tax avoidance that rob government coffers of billions.

Tax raid tarnishes India's gold industry

A raid by dozens of tax inspectors on one of India's biggest gold traders this week has tarnished the reputation of an industry worth more than $70 billion a year