PricewaterhouseCoopers Asia Pacific Insurance Tax News is a periodic publication that offers insights into trends and developments in insurance and taxation in the Asia Pacific region.
Nov 2009
Insurance is a unique business and unique tax laws are often required to cater to the peculiarities of insurance business. Yet most lawmakers and tax authorities find the business hard to understand. It has been made more difficult by the rapid and widespread implementation of global regulatory and accounting changes as most Asia Pacific countries attempt to follow global best practice.
The result is often new tax regimes being introduced with unintended tax consequences. And even when new tax laws are issued to fix old issues, they either take too long to happen or sometimes end up getting it wrong. It is therefore important that insurers stay abreast of tax changes and actively manage the tax risks and challenges they face. In this issue of Asia Pacific Insurance Tax News, our team of specialists will share with you some of these tax changes and challenges in Asia Pacific today.
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Read more by downloading our Asia Pacific Insurance Tax News (Nov 2009) (pdf file, 357KB) for your reference.
