• Service: Tax
  • Industry: Financial Services
  • Type: Publication series
  • Date: 5/27/2013

Frontiers in Tax - April 2013 

In the Western world, the financial services industry is struggling with a number of issues. Nobody – political leaders, regulators, citizens – seems to have a clear view of what finance should be contributing to economic health in future. Consequently, the regulatory reform agenda – kick-started so confidently by the G20 – appears to be dissipating its original momentum into various more-or-less overtly nationalistic and protectionist channels; tax is being co-opted as a tool not only to repair national finances but also to protect national interests.
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This edition of frontiers in tax is devoted to developments in the Asia Pacific region — relatively unscathed by the crisis and continuing to offer evidence of dynamism and growth, but not without challenges.

The increasing scrutiny on transfer pricing in Asia Pacific.
Some of the significant challenges faced by the Chinese financial services sector as the Business Tax regime is replaced with VAT.
A look at the real estate market in Asia.

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