All posts tagged "Tax"
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761FeatureHong Kong Passes Limited Partnership Fund Bill
The limited partnership fund regime is aimed at attracting private equity, real estate, and venture capital funds to set up and operate in Hong Kong.
July 12, 2020 -
1.0KAML / KYCS. Korea Uses AI, Big Data Analytics to Detect Tax Evasion
A new AI-based big data analytics system will be used by the National Tax Service to detect cases of tax evasion using borrowed-name accounts.
July 7, 2020 -
443AML / KYCAutomatic Exchange Uncovers €10tr in Offshore Accounts in 2019
The automatic exchange of information by tax authorities in nearly 100 countries uncovered data on 84 million accounts held offshore in 2019.
July 2, 2020 -
470FeatureWave of Fund Managers Looking to Set Up Singapore VCCs
Up to 70 VCCs have already been launched in Singapore, many by small and boutique funds or local family offices. But a much larger wave of companies is on its way.
July 1, 2020 -
533FeatureSingapore Banks Ready to Trade SORA Derivatives
The ABS and SC-STS say "significant progress" has been made in key technical work to support Singapore's transition from SOR to SORA.
June 29, 2020 -
407KoreaS. Korea to Impose Capital Gains Tax on All Financial Products
The new framework will see a 20% capital gains tax imposed on retail investor profits over 20mn won, and 25% on profits over 300mn won.
June 28, 2020 -
1.3KAML / KYCSri Lanka’s ‘Special Deposit Account’, a Recipe for Disaster
A CBSL scheme announced in April to drive inward remittances and investment may risk Sri Lanka falling back into the FATF's grey list, says Duruthu Chandrasekera.
June 22, 2020 -
2.4KAustralia & NZATO Warns of Penalties for Wrongful Early Super Withdrawal
The ATO is using income tax returns and other data to ascertain whether applicants are in fact eligible. Those making false statements to meet the eligibility criteria will face penalties.
June 22, 2020 -
262EuropeHigh-Level Forum Charts Course to Achieve EU Capital Markets Union
In a new report, the EU's High-Level Forum on capital markets union offers specific recommendations on developing deeper, more dynamic and more harmonised markets across EU member states.
June 11, 2020 -
458IndiaSEBI Panel Proposes Creation of ‘Social Stock Exchanges’
Non-profit organisations should be allowed to directly list bonds on social stock exchanges housed within existing exchanges such as the BSE or NSE, the SEBI panel suggests.
June 2, 2020
