All posts tagged "Tax"
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1.1KAsia-PacificOJK Indonesia to Extend Payment Deadlines for MSME Loans
OJK will extend loan payment deadlines for MSMEs by up to one year and prohibit the use of debt collection services, while Bank Indonesia asks banks to lower lending rates.
March 25, 2020 -
496ChinaHK Entities of Chinese Groups Get Relief from CbC Filing Obligation
Mainland China and Hong Kong have entered into an arrangement for the automatic exchange of country-by-country reports, a welcoming development according to KPMG.
March 5, 2020 -
479Asia-PacificThailand Set for Launch of New ‘Super Savings Fund’ Scheme
The new mutual fund scheme was initiated by the Finance Ministry, offering tax incentives to encourage investors to save and invest.
March 5, 2020 -
352AML / KYCFinancial Secrecy Index Ranks Hong Kong, Singapore in Top Five
The Tax Justice Network has released its 2020 rankings of jurisdictions according to their secrecy and the scale of their offshore financial activities.
March 2, 2020 -
377IndiaIndian Banks Association Pushes for LIBOR Transition Readiness
The IBA has written to companies asking them to assess the impacts that the LIBOR phase-out will have on their businesses, and to prepare accordingly.
February 12, 2020 -
1.3KFeatureSingapore Launches New VCC Framework for Funds
To mark the launch, 20 investment funds have established or re-redomiciled in Singapore as VCCs. To encourage adoption, MAS will fund up to 70% of eligible expenses to set up a VCC.
January 15, 2020 -
414AML / KYCJapan Identifies 1.9m Undeclared Offshore Accounts Through CRS
Of the 1.89 million offshore accounts identified through information exchanges under the Common Reporting Standard, 80% were located in Asia and Oceania.
December 18, 2019 -
558Australia & NZNPP Australia Unveils Roadmap for New Payments Capabilities
The roadmap includes the development of new structured data capabilities, third party payment initiation, and the ability to link regular payments to a mobile number.
October 30, 2019 -
630Australia & NZAustralia Senate Committee Releases Fintech, Regtech Issues Paper
The issues paper identifies five key factors for the fintech and regtech sectors which the committee will focus its attention on in a year long inquiry.
October 25, 2019 -
600AML / KYCIndia Withdraws FPI Tax Surcharge Amid Foreign Pressure
The surcharge, introduced last month, increased capital gains tax on foreign trusts investing in India to over 40%, prompting the stock market’s worst July in 17 years.
August 26, 2019
