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11 Asian members identified EUR20.1 billion in additional revenue: Tax Transparency in Asia 2023 report

The Tax Transparency in Asia 2023 report, released on Thursday, is the first progress report of the Asia Initiative. It provides an overview of the progress achieved in Asia between 2009 and 2022, the year of the establishment of the Asia Initiative. Asia Initiative is a regional programme launched in 2021 and focused on developing tailored solutions to ensure the implementation of the global tax transparency standards across Asia.
New Delhi Hong Kong United States Republic Of Brunei Darussalam Automatic Exchange Of Information
Source: aninews.in

Tax and Technology – Taxpayers need to be prepared

The South African Revenue Service (Sars) is currently working towards automating the tax return submission process for all South African taxpayers. This means that more taxpayers may be eligible for auto-assessments, which are already in place for taxpayers who only receive income from sources where taxes were already withheld and IRP5s and similar documents are available to Sars. The development of technology and agreements between Sars and third parties can result in a bigger percentage of tax...
South Africa South African Edward Kieswetter Automatic Exchange Of Information Aeo African Revenue Service Sars South African Revenue Service

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