Indirect Share Transfers in Asia Pacific: Identifying and Managing Tax Exposure on Capital Gains

Summary: In recent years, a number of Asia Pacific countries have started to impose tax on capital gains on indirect share transfers (i.e., sale of shares in offshore companies). The highest profile examples have been India (the Vodafone case and the resultant retrospective legislation) and China (Circular 698). However, there are other Asia Pacific countries which impose tax in this type of situation or are considering doing so. What is the position in each country? And how should you identify and manage your potential exposure? Find out about the current position in Asia Pacific in regard to indirect share transfers, and learn how to identify and manage your potential tax exposure.(Live presentation was aired on 22 Aug 2013)