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Venture capital and private equity firms in Bangladesh have called for corporate tax breaks to support investments in new businesses. Read Full Story
Bangladesh has announced corporate income tax cuts and the introduction of the new value-added tax law in its new Budget, released on June 1. Read Full Story
Within its proposed policy framework for 2017, the South Korean Ministry of Strategy and Finance has announced various tax changes to counteract the continued economic uncertainties, including measures to create jobs and support new growth industries. Read Full Story
Luxembourg's Parliament has approved a new tax-advantaged alternative fund structure, adding to the jurisdiction's already impressive array of such vehicles. Read Full Story
On June 10, the American Institute of Certified Public Accountants wrote a letter to the Internal Revenue Service urging it to provide additional guidance on how the existing US tax code should apply to virtual currency transactions. Read Full Story
The Abu Dhabi Global Market, a free trade zone in the United Arab Emirates, held a summit on alternative investments on March 30-31, 2016, bringing together more than 250 global CEOs, institutional investors, and investment professionals. Read Full Story
Hong Kong's Secretary for Financial Services and the Treasury, K C Chan, has responded to a query concerning the stamp duty exemption for transactions of specified derivatives, including derivative warrants and callable bull/bear contracts. Read Full Story
Hong Kong Exchanges and Clearing Limited has confirmed that its securities and derivatives markets set several new records this year. Read Full Story
UK Enterprise Investment Scheme managers are interested in developing products that would qualify for Social Investment Tax Relief but regard the existing qualifying limit as a barrier to growth, according to a survey by investment analysts Intelligent Partnership. Read Full Story
Hong Kong needs more double tax agreements to grow its exchanged-traded funds market, according to a new report from the Financial Services Development Council. Read Full Story
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