Business Services Industry
Where global funds feel at home.
Australasian Business Intelligence, July, 2007
Byline: Nicholas Gruen
Jul 04, 2007 (The Australian Financial Review - ABIX via COMTEX) -- Australia has the fourth-biggest funds management industry in the world. Yet only three per cent of this industry's revenue comes from foreigners wanting Australian firms to manage their money. Global funds face numerous challenges meeting all of the regulatory and taxation requirements of different countries. The Australian Government is trying to simplify its own laws to prevent situations where Australian fund managers and international clients are forced to pay tax on the same revenues several times. Small countries like Luxembourg and Ireland, having addressed these issues, host huge global funds.
Publication Date: 5 July 2007
All copyright...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- LIFO vs. FIFO: a return to the basics
