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investment funds News

Bangladesh Confirms New VAT Law, Corporate Tax Cuts

by Mary Swire,, Hong Kong

Friday, June 9, 2017

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


Funds Industry Fears BEPS 'Substance' Changes

by Jason Gorringe,, London

Monday, June 5, 2017

Tax experts have highlighted the increasing importance of substance in the fund management sector in view of the OECD's base erosion and profit shifting project recommendations. Read Full Story


Qatari Cabinet Approves VAT

by Lorys Charalambous,, Cyprus

Friday, May 5, 2017

Qatar's Cabinet has approved the introduction of value-added tax at a five percent rate, as part of an initiative among Gulf Cooperation Council states. Read Full Story


Shanghai FTZ To Liberalize Investment Restrictions

by Mary Swire,, Hong Kong

Friday, March 10, 2017

Foreign investment restrictions on manufacturing and certain services are to be eased at the China (Shanghai) Pilot Free Trade Zone this year. Read Full Story


Hong Kong's Budget Provides Tax Relief

by Mary Swire,, Hong Kong

Thursday, February 23, 2017

Hong Kong's Financial Secretary, Paul Chan, has announced measures to boost the territory's economy in his 2017-2018 Budget. Read Full Story


Mainland-Hong Kong Bond Trading Framework Recommended

by Mary Swire,, Hong Kong

Friday, December 2, 2016

Hong Kong's Financial Services Development Council has released a report proposing the establishment of a "Bond Market Connect," which would promote the development of bond trading between Mainland China and Hong Kong. Read Full Story


S Korea Attracts USD2.5bn In New Tax-Exempt Savings

by Mary Swire,, Hong Hong

Thursday, October 20, 2016

South Korea's Financial Services Commission has announced that individual savings accounts, which were only introduced in the country on March 14 this year, had already attracted over KRW3 trillion in deposits by October 14, seven months later. Read Full Story


South Africa Amends Draft Rules For Tax-Free Savings

by Lorys Charalambous,, Cyprus

Thursday, October 6, 2016

The South African National Treasury has published further draft amendments to the overall regulations covering tax free savings accounts. Read Full Story


India, Seychelles To Exchange Tax Information

by Mary Swire,, Hong Kong

Friday, September 16, 2016

The tax information exchange agreement between India and Seychelles has entered into force, the Indian tax agency has said. Read Full Story


Jersey Financial Services Sector Steady Over Past Year

by Jason Gorringe,, London

Thursday, August 18, 2016

Recently released statistics by Jersey's Government show a steady or improving picture for the financial services sector in 2015. Read Full Story



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