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Taiwan To Postpone Capital Gains Tax

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

Friday, December 19, 2014

Following an agreement between the Ministry of Finance and the Financial Supervisory Commission, it is expected that Taiwan's parliament will shortly agree to delay, for three years, the capital gains tax on share trading, which was due to be imposed on January 1, 2015. Read Full Story

 


Taiwanese Capital Gains Tax Change Uncertain

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

Tuesday, December 9, 2014

Following the defeat of the ruling Kuomintang party in Taiwan's recent local government elections, and the Cabinet's subsequent resignation, it appears that the capital gains tax on share trading, which was due to be imposed on January 1, 2015, will be delayed or even cancelled. Read Full Story

 


Thailand Reviews Long-Term Fund Tax Incentive

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

Friday, November 28, 2014

Thailand's Finance Minister Sommai Phasee has announced he will review the new draft Securities and Exchange Bill to see if it can be improved, particularly with regard to an extension of the existing long-term equity fund tax incentive. Read Full Story

 


Shanghai-HK Stock Connect To Launch On November 17

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

Tuesday, November 11, 2014

Hong Kong's Securities and Futures Commission and the China Securities Regulatory Commission have jointly approved the trading launch of the Shanghai-Hong Kong Stock Connect pilot scheme from November 17, 2014, following the finalization of all necessary regulatory approvals and operational arrangements. Read Full Story

 


Halt Called To Philippines Investor Details Disclosure Rules

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

Wednesday, September 17, 2014

Following a restraining order from the Philippines' Supreme Court on the Bureau of Internal Revenue's enforcement of regulations requiring the submission by withholding agents of a list of their investors receiving taxable income, the agency has issued a further circular clarifying part of those requirements. Read Full Story

 


Investors Forfeited USD22.4bn In Reclaimable WHT In 2013

by Robert Lee, Tax-News.com, London

Tuesday, September 2, 2014

Investors lost USD22.4bn last year because they failed to reclaim recoverable withholding tax on dividends and income from foreign shares and bonds, according to a new report. Read Full Story

 


Taiwan Books Record First Half Tax Revenues

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

Tuesday, July 15, 2014

Taiwan's Ministry of Finance has disclosed that revenue reached a record level after growing at an annual rate of 5.5 percent during the first six months of the year, reaching TWD1.09 trillion (USD36.4bn). Read Full Story

 


Qatar Rejects Tax Exemption For Foreign Investors

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, June 20, 2014

Qatar's Advisory Council has rejected a proposal to exempt foreign individuals and institutional investors from capital gains and income tax on domestic stock market investments. Read Full Story

 


China Supports Hong Kong's Future Autonomy

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

Friday, June 13, 2014

A White Paper issued by the Chinese Government on June 10 has confirmed the Government's continued support for Hong Kong's autonomy to set its own trade, financial and taxation policies, noting the territory's successes under the 'One Country, Two Systems' policy. Read Full Story

 


Shanghai, HK Agree Financial Services Collaboration

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

Monday, April 7, 2014

Representatives of the Governments, financial regulators and stock exchanges of Hong Kong and Shanghai recently held the fourth Hong Kong-Shanghai Financial Co-operation Working Meeting in Shanghai, and discussed financial issues of mutual concern, including ways to strengthen links in financial services and products. Read Full Story

 

 

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