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

Direct International Flight For Koh Samui Coming

Category: Tourism, Posted:27 Jul 2021 | 11:29 am Koh Samui is set for the resumption of international flights from Singapore on the 1st of August. Under the Samui Plus program and expecting increased demand, Bangkok Airways is taking this first step for the direct overseas service. The initial stage is three flights a week on Monday, Thursday and Sunday. Meanwhile in the Phuket […]
Read more

Thailand Property Takes Urban Flight As Lifestyle Takes Over

Category: Real estate, Posted:26 Jul 2021 | 06:00 am Thailand’s resort real estate markets have experienced a dramatic reset in buyer profiles over the past eighteen months of the pandemic. A strong wave of domestic demand has seen Thais flocking to the country’s leisure destinations and snapping up holiday or second homes. According to new data released by Thai property portal FazWaz, the popular […]
Read more

Just Another Sunday – Catch-Up

Category: Tourism, Posted:25 Jul 2021 | 15:08 pm It’s a great day to catch up on last week’s video sessions. Check out a replay of the special Business Insider Thailand Resort Property online event.  We also talk to a leading Thai developer on rewriting the map in Northwest Phuket, where a second resort-styled CBD is emerging and finally more on the ongoing Sandbox. […]