All posts tagged "Tax"
-
450AML / 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 -
351Market InfrastructureSingapore Finalises Tax Framework for VCCs
An umbrella VCC needs to file a single corporate income tax return, regardless of the number of sub-funds. GST and stamp duty will be applied at the sub-fund level.
August 7, 2019 -
783Fintech / RegtechSingapore Proposes GST Exemption for Digital Token Payments
Transactions involving digital tokens or cryptocurrencies that function or are intended to function as a medium of exchange will be exempt from GST.
July 9, 2019 -
721KoreaSouth Korea Cuts Securities Transaction Tax
FSC chairman Choi Jong-ku has repeatedly called for a cut in the securities transaction tax to ease the burden it places on stock and mutual fund trades.
May 30, 2019 -
422IndiaNew Directive for Indian AMCs a Boost for Offshore Fund Flows
Indian asset management companies serving offshore funds as advisers will now be entitled to tax benefits which will enable them to take up direct fund management of offshore funds.
May 23, 2019 -
584Hong KongSecurities Association Says MPFA Needs to Enable China Market Access
MPF managers are allowed to invest in 40 approved overseas exchanges, but this does not include exchanges in China.
May 6, 2019 -
562ChinaChina Announces Tax Breaks for Investors in CDRs
Investors will be exempt from tax on profits from trading CDRs for three years, in addition to preferential tax treatment on dividend income.
April 17, 2019 -
507Asia-PacificBangladesh Exchanges Lobby for Lower Taxes to Spur Capital Market
The Dhaka and Chittagong stock exchanges have asked for tax cuts on dividends, bonds, stock transactions, and their own income, in a bid to catalyse Bangladesh's capital markets.
April 8, 2019 -
729KoreaS. Korea to Reduce Securities Transaction Tax This Year
The stock trading tax will be cut on the KOSDAQ, KOSPI and KONEX. Capital gains taxes on stock transactions to also be changed.
March 25, 2019 -
553Korea
S. Korea FSC Chair Renews Call to End Stock Transaction Tax
Lawmakers want the securities transaction tax abolished. The government want a more gradual approach. FSC chairman Choi Jong-ku welcomes either discussion.
March 8, 2019
