The Tax Workstream is a coordinated effort between ASIFMA member firms and members of the Capital Markets Tax Committee of Asia (“CMTC”) aimed at monitoring, analyzing and communicating the impacts of proposed tax legislation and other related developments affecting capital and securities markets in Asia. The objective is to promote fair, orderly and efficient tax regimes across the region, which would in turn facilitate further development of capital markets in Asia. Recently, members have been active on issues related to the Foreign Account Tax Compliance Act (FATCA) and the general anti-avoidance rules (GAAR) in India, among others.
Patrick Pang - Managing Director – Head of Fixed Income and Compliance
Co-Chair: Greg Elliott, Standard Chartered
Co-Chair: Balaji Balasubramanian, Standard Chartered