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EXPAT TAX WATCH Hong Kong Expands Info Sharing

Category: Real estate, Posted:14 Jan 2010 | 06:00 am

Back of the increasing international pressure by the OECD (Organization for Economic Co-Operation and Development the Hong Kong legislature has passed a bill expanding the sharing of data with overseas jurisdictions.
Last year in a landmark case between Swiss banking giant UBS and the US Government the institution paid a multi-million dollar fine, and provided the American authorities with information on suspected tax evaders.
The OECD spurred by both the UK and US have aggressively worked to shut down offshore tax havens and provide increased cross bordering sharing of information in order to delve into hidden assets and overseas company shelter set-ups.
Hong Kong currently has double taxation agreements with a number of countries including Thailand.

Other News

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Cambodia Business Briefing – What Comes Next?

Category: Hotels|Real estate|Tourism, Posted:19 Oct 2021 | 08:13 am Hotels, tourism, and real estate are featured in next week’s virtual event – Cambodia Business Briefing. Organized by C9 Hotelworks and Delivering Asia Communications, the session will be on Tuesday 26th October, 3:00 pm Phnom Penh/Bangkok Time | 4:00 pm Singapore/Hong Kong. Cambodia remains one of Asia’s top-up and coming marketplaces. Pre-pandemic, its pace of […]
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PHIST 2021 – Sustainable Asia RE-defined Coming 28 October

Category: Hotels, Posted:11 Oct 2021 | 09:11 am The fourth annual Asian-based sustainability-focused learning event PHIST 2021 will take place in a dynamic virtual setting on 28th October. Organized in Phuket, Thailand with speakers from across the region. PHIST (Phuket Hotels for Islands Sustaining Tourism) has established itself as a leading forum in Asia for sustainable tourism, environmental education for hotels as well […]
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Lonely Planet. Ultimate Vacation Homes. More Phuket Meds

Category: Tourism, Posted:07 Oct 2021 | 21:02 pm It’s Friday and we have a trio of video insights for you. Listen to an intriguing talk with Joe Cummings who is behind the first Lonely Planet Thailand guidebooks. Hear seven short real estate talks on the latest trends. And then, how is Thanyapura looking to expand their medical footprint across Phuket. Right here. Right […]