TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

  • This field is for validation purposes and should be left unchanged.

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

Read more

C9 Hotelwork’s Releases Philippines Branded Residences Report

Category: Real estate, Posted:25 Feb 2024 | 19:51 pm The Philippines branded residences market is experiencing a significant maturation, impacted by urbanization and a post-pandemic shift in lifestyle changes. The market is poised for a high level of growth. C9 Hotelworks newly released Philippines Branded Residences Market Update shows a 105% increase in the pipeline, translating to an additional 5,599 units supplementing the current […]
Read more

Phuket’s Largest Highway Interchange Expected To Attract Largescale Development

Category: , Posted:10 Feb 2024 | 09:42 am The release of plans for a massive highway interchange in North Phuket is spurring development activity in the Mai Khao area. A Mueang Mai interchange on the road leading to Phuket International Airport on the island’s main North-South artery will also have a  direct connection to the East Coast spur highway 4027.  (CLICK to see […]
Read more

GOCO Hospitality Inks Deal With Singapore Temasek to Expanded Wellness Resorts in Thailand and Southeast Asia

Category: , Posted:07 Feb 2024 | 10:33 am Leading Bangkok-based wellness group GOCO has signed a deal with Singapore’s Temasek private equity group via The Fullerton Fund. The injection of funds into GOCO is reportedly ‘high eight figures’ and will fund expansion in Thailand and Southeast Asia into hospitality assets. Two acquisitions are expected to be announced in March by Founder and CEO […]
SiaJai logo

Thailand's Leading Homecare Marketplace