-
In October's issue, we have included:
Australia
- Board of Taxation issues consultation paper on corporate tax residency rules
- ASIC extends relief for foreign financial services providers
- ATO releases draft guidance on risk assessment and arm’s length debt test
- APRA responds to submissions on proposed changes to reporting consolidation for securitisation special purpose vehicles
Hong Kong
- Circular to licensed corporations on managing the liquidity risk of funds
- FSTB consults on limited partnership regime for funds
- Hong Kong Court of Final Appeal rules that receipts from disposition of land are not chargeable to profits tax
India
- Corporate tax rates slashed and fiscal relief announced
- India Budget 2019 - Partial roll back of higher surcharge
Ireland
- AML policy enhancements required for investment funds
Korea
- Korea announces 2019 tax reform proposals
Luxemburg
- Luxembourg publishes draft law on DAC 6
Singapore
- Consultation Paper on Proposed Amendments to the Requirements for REITs
- Singapore to launch Variable Capital Company framework by end of 2019
Lastly, we would like to thank our committee who helped putting together the Newsletter. Details about this committee can be found here.
October 2019 - Regulatory and tax newsletterPDFDownload