South Korea Proposes Tax Measures To Boost Investment

by Mary Swire, Tax-News.com, Hong Kong

Friday, July 29, 2016

The South Korean Ministry of Strategy and Finance has issued details of the tax measures it plans to introduce from January 2017, subject to parliamentary approval, to encourage investment in growth industries. Read Full Story

Hong Kong Asset Management Sees Slight Fall

by Mary Swire, LawAndTax-News.com

Thursday, July 28, 2016

Combined fund management business in Hong Kong decreased slightly by 1.6 percent year-on-year to almost HKD17.4 trillion, as at December 31, 2015, according to the Securities and Futures Commission. Read Full Story

Hong Kong Ready For DTA Residency Applications

by Mary Swire, Tax-News.com, Hong Kong

Thursday, June 16, 2016

Hong Kong's Inland Revenue Department has confirmed that revised application forms for a certificate of Hong Kong resident status, in respect of the double taxation agreement between Mainland China and Hong Kong, will apply from June 20, 2016. Read Full Story

Hatch Holds Hearing On US Corporate Tax Integration

by Mike Godfrey, Tax-News.com, Washington

Friday, May 20, 2016

On May 17, further to his proposal for reform that would integrate the corporate and individual US tax codes, Senate Finance Committee Chairman Orrin Hatch held a hearing on a measure that would allow US corporations to deduct dividends paid from their tax calculations. Read Full Story

Italy To Announce Tax Break For Investors In SMEs

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, May 11, 2016

In a newspaper interview, Italy's Minister of Finance and the Economy, Pier Carlo Padoan, has disclosed that the Government will shortly introduce a decree providing a tax break for investors in Italian small- and medium-sized enterprises. Read Full Story

Singapore Adds To Tax Incentives In Budget

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, March 29, 2016

Singapore's 2016 Budget, released on March 24, includes measures to support businesses to expand and enhances finance sector, treasury management, and international trade tax incentives. Read Full Story

South Africa Postpones Tax-Free Savings Transfers

by Lorys Charalambous, Tax-News.com, Cyprus

Monday, March 14, 2016

The South African National Treasury has agreed to postpone possible transfers of tax-free savings accounts until November 1, 2016, to allow more time to discuss the matter with product providers. Read Full Story

HKEx Markets Set More New Records in 2015

by Mary Swire, LawAndTax-News.com, Hong Kong

Tuesday, December 22, 2015

Hong Kong Exchanges and Clearing Limited has confirmed that its securities and derivatives markets set several new records this year. Read Full Story

Yahoo Calls Off Alibaba Spin-Off

by Mike Godfrey, Tax-News.com, Washington

Friday, December 11, 2015

US search engine company Yahoo! Inc. has announced that it has decided to stop work on its plan to spin-off its remaining shareholding in Alibaba Group, the Chinese online marketplace, following concerns about the market's perception of tax risk surrounding the transaction. Read Full Story

Taiwan Waivers Over Future CGT On Stock Trading

by Mary Swire, Tax-News.com, Hong Kong

Friday, November 6, 2015

Taiwan's Government has yet to decide whether to proceed with the capital gains tax on share trading, which is due to take effect from January 1, 2018, or whether it should be modified or cancelled. Read Full Story

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