Asia-Pacific

Hong Kong: where are the new tax measures taking us?

Stefano Mariani and Mona Yip, Deacons, Hong Kong, discuss tax policy proposals advanced by Hong Kong’s Chief Executive, Carrie Lam, in her 2017 policy address, including  a new two-tier profits tax system and additional tax deductions for research and development expenditure . . . 

Asia-Pacific

Japan, Denmark sign new tax treaty

The governments of Japan and Denmark on October 11 signed new tax treaty, Japan’s Ministry of Finance has announced. The new treaty, signed in Tokyo, would amend the countries’ 1968 tax treaty, revising the taxation . . .

Asia-Pacific

Indian flavors in transfer pricing master file, country-by-country rules

Jitendra Jain, Executive Director at PricewaterhouseCoopers, India, discusses India’s much-awaited rules on the implementation of the master file and country-by-country report, released yesterday, focusing on the differences between India’s master file requirement and the OECD’s prescribed format and recommending next-steps to comply with the requirements . . .