March 5, 2013 | having difficulty Viewing this email? view THE online version

Welcome to the Tax-News weekly newsletter, carries topical headlines and features on international tax, legal, economics, business and investment issues.



Latest Tax-News Special Feature


Hong Kong Budget Review

Progress towards the completion of the Doha Round of world trade talks remains stalled, and the World Trade Organization has warned of a lurch towards protectionism. However, the world's major trading powers do not appear to have given up on expanding free trade, and while Doha lays dormant, the Asia-Pacific region - widely tipped to lead the next phase of global economic growth - is playing host to an emerging trend towards the conclusion of multilateral free trade groupings.


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Latest Tax News


China To Enforce Capital Gains Tax On Home Sales

With the Government looking to retain control over China's house price inflation, and before the expected extension later this year of the property tax pilot scheme on high-value houses, it has been announced that, amongst other measures, the existing capital gains tax on home sales is now to be strictly enforced.
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Singapore Issues Guide On Corporate Tax Appeals

The Inland Revenue Authority of Singapore has issued an e-Tax Guide to set out the administrative changes to the objection and appeal process on corporate income tax assessments, which will be introduced with effect from January 1, 2014.
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India Promises Safe Harbor Rules Soon

India's Finance Minister has promised that Safe Harbor rules providing advice to the IT industry and other sectors about transfer pricing will soon be issued.
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Swiss Bank Liable In US Tax Evasion Case

Wegelin, Switzerland's oldest private bank, has been ordered to pay USD58 to the US authorities after being sentenced for facilitating tax evasion by US taxpayers.
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France Unveils One-Stop Tax Portal

The French Finance Ministry has recently unveiled details of its new Internet portal, which allows users to gain full access to the very latest tax information in France via a single database.
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BC Unveils Final PST Framework

The legislative and regulatory provisions needed to re-implement the British Columbian Provincial Sales Tax are now complete, the Finance Minister has announced.
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Read more latest news »
Featured Event

Offshore Financial Investment & Wealth Management Summit Asia 2013


April 25-26, Crowne Plaza Hotel Century Park, Shanghai, China


You can download the conference program here; the registration form is on the last page of the program.


Key topics:

• Enhancing the cooperation between domestic and overseas financial institutions, realizing the huge potential of the new rich in China

• Offshore financial market investment opportunities: How to make successful overseas financial investment for Chinese HNWI

• Investing in overseas commodity futures market

• Investing in overseas stock markets

• Offshore fixed income products guide

• Investment Opportunity of Structured Products

• Alternative Investment: REITs, Hedge Funds, Arts Trusts

• The appreciation of RMB and Transnational investment

• Global Perspective: Offshore Wealth Management Trends

• The development tendency of Chinese private banks offshore asset management

• Round Table Discussion: Comparison of various offshore wealth management centers across the globe

• The latest regulations and industry development trends of global offshore trusts

• How can domestic enterprises benefit from setting up offshore companies for their international business?

• Setting up offshore structure for your company's oversea IPO

• Offshore Wealth Management - What you should know for your family wealth's security and heritage

• Tax planning of overseas investment and asset allocation

• Investment immigration and overseas assets allocation


Best Regards, Terry Pei, Event Director, PTP International Co.,Ltd
402,Grand Ocean Plaza,No.1200 Pudong Avenue, Shanghai, P.R.China
T: 86 21 58215880
D: 86 21 68536050
M: 86 13817423310
Event Website:


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