All posts tagged "Tax"
-
338ChinaChina Committed to Further Opening Up Bond Market – PBOC
PBOC deputy governor Pan Gongsheng said a number of reforms are in the pipeline to attract more foreign investors into to China's bond market.
September 6, 2018 -
183IndiaIndia’s Brokers Move Against Tax on Physically-Settled Equity Derivatives
Brokers' lobby is asking the Bombay High Court for a resolution on an impasse between market participants and the NSE over a decision to levy a 0.1% tax on physically settled equity derivatives.
August 9, 2018 -
167AML / KYCS. Korea Announces Revised Tax Bill
Bill expands crackdown on tax evasion, ends derivatives tax exemptions, disqualifies crypto exchanges as SMEs for tax reductions.
August 6, 2018 -
101AML / KYCIndia Mulls Tracking for All Non-Cash Financial Transactions
India's central bank is looking to create a repository of all non-cash financial transactions to widen the government's crackdown on money laundering or shell company activities.
July 12, 2018 -
107AML / KYCAustralian Tax Officials To Crack Down On Crypto Traders
The Australian Tax Office will use cross border data sharing agreements to track tax obligations of cryptocurrency traders, though tax implications from major gains will likely be confined to a few individuals.
July 12, 2018 -
200AML / KYCTax Law Forces New Zealand Banks to Freeze Accounts
Banks required to find out whether customers are foreign tax residents and report to Inland Revenue; unresponsive customers are having their accounts put on hold.
July 4, 2018 -
151Fintech / RegtechGDF Consults on Global Code of Conduct for Crypto Businesses
The Code includes commitment to comply with standing laws and regulations, ensure appropriate systems and processes, and treat customers and their assets fairly.
June 22, 2018 -
128AML / KYC
Foreign Tax Status Disclosures Required by New Zealand Banks
Banks required to report customers' foreign tax status by 30 June; customers that do not respond may have their accounts frozen or closed.
June 7, 2018 -
138Capital RegulationChina Resolves to Boost SMEs Financing to Mitigate US Tax Cut
Cabinet extends VAT exemption three more years for small firms, cuts reserve requirement at banks, commits to increasing financing options; PBOC reforms medium term lending facility to increase funding for SMEs.
June 4, 2018 -
134Asia-PacificMalaysia Scraps GST on Banking Products
Effective 1 June, Malaysian banks will impose a zero percent GST on all banking products and services, previously subject to 6% GST.
June 4, 2018
