• 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    • ATO releases draft guidance on risk assessment and arm’s length debt test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 newsletterPDF
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