Investments tagged posts

92 Billion Flows Through BVI Each Year

January 29, 2014 Taxation in British Virgin Islands

British Virgin IslandsGENEVA – Experts ave confirmed that the BVI is still the world’s most popular offshore center, and the amount of money controlled by BVI entities is disproportionately too large in the global market.

The British Virgin Islands now has one of the highest levels of foreign direct investments (FDI) in the world, seeing almost as much financial flows as Russia, and just as much as Australia and the UK combined, according to new information in the latest Global Investment Trends Monitor report released on January 28th by the United Nations Conference on Trade and Development (UNCTAD).

In the newly published report the experts of the UNCTAD showed that in 2013 the BVI saw foreign direct investments totaling USD 92 billion, the fourth highest amount among any country that year, only falling behi...

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Tax System Encourages Investment in China

June 1, 2012 Taxation in China

Tax System Encourages Investment in ChinaBEIJING – China is aiming to use tax policies to foster expansion of national businesses to overseas markets and to encourage greater international investment into the country.

China’s State Administration of Taxation (SAT) has released Opinions on the Construction of the Administrative System of International Taxation, outlining its intentions regarding taxation of earnings raised by foreign businesses operating in China and the tax treatment of Chinese enterprises investing overseas.

According to the report, the government will soon begin implementing new protocols and investigations methods to deter tax evasion in China by foreign registered entities...

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New Zealand: A New Financial Hub

April 6, 2011 Taxation in New Zealand

MoneyNew Zealand is making efforts to attract greater numbers of foreign investors to the local managed funds industry, through changes to the tax treatment of non-resident investing in New Zealand Portfolio Managed Entities.

In February 2010 the New Zealand Prime Minister John Key set a future goal for the country to become a significant exporter of high-value middle- and back-office services for international fund management companies. The aim was supported by the government established Capital Market Development Taskforce, which claimed that New Zealand could become a primary exporter of financial market services across the Asia-Pacific region...

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Singapore Offers Tax Deductions for Angle Investors

July 1, 2010 Taxation in Singapore

We are the law!The Government of Singapore has announced its latest initiative to draw potential invest to national small businesses and start-up firms.

On June 28th SPRING Singapore, a national enterprise development agency, revealed details of the long-awaited Angel Investors Tax Deduction Scheme (AITD), which was first announced in the national 2010 Budget. The new scheme offers angel investors the opportunity to offset 50 percent of their cash investment against their personal taxable income. The program is especially aimed at increasing investment into start-up firms in the high-tech and biotech industries.

Under the AITD program, angel investors are required to make a minimum personal deposit of SGD 100 000 (approx. USD 71 541) before March 15th 2015 to qualify for this tax deduction...

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US Will Have Highest Top Dividend Tax Rate

June 8, 2010 Taxation in USA

tax_2960New research indicates that the US will soon have the highest tax burden on corporate profits in the OECD, potentially leading to a decrease in the overall productive capacity of the US economy.

On June 7th the independent US think-tank Tax Foundation released The Economic Effects of the Lower Tax Rate on Dividends, a special report which analyzes the double-level of taxation on corporate profits in the US. According to the report, equity-financed investment profits in the US are taxed under corporate income tax and, subsequently, under personal income tax when profits are distributed as dividend payments. In 2011 the cumulative tax liability on corporate profits will increase to 67.6 percent, exceeding rates levied across all the OECD and G7 member nations.

The double-taxation “problem” i...

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