KPMG International Publications
Future of the Saver
A new wave of cooperation between governments and the global financial services industry is needed if consumers around the world are to be encouraged to save and create an alternative to the wholesale markets as a source of capital, says a new survey from KPMG’s Global Financial Services Tax practice.
The study charts progress in the development of an international market in savings, and looks at the possible effects on savings behavior of different fiscal incentives, from a commercial perspective. It considers three principal areas, the conclusions of which are brought together in the executive summary. It sets out the thoughts of KPMG firms’ professionals on international government action affecting cross-border savings and investments.
It also considers if, and how, taxation influences the choices relating to savings and investments. Finally, it contains a detailed summary of the taxation of savings and investments in 12 countries, Argentina, Australia, Brazil, China, Germany, India, Japan, Singapore, Switzerland, Turkey, the U.K. and the U.S.
If you are interested in the taxation of savings and the work being done by international bodies to open up the market in cross-border savings and counter tax evasion – please take a look at the study today. If you would like to discuss the information it contains, please do contact us.
It also considers if, and how, taxation influences the choices relating to savings and investments. Finally, it contains a detailed summary of the taxation of savings and investments in 12 countries, Argentina, Australia, Brazil, China, Germany, India, Japan, Singapore, Switzerland, Turkey, the U.K. and the U.S.
If you are interested in the taxation of savings and the work being done by international bodies to open up the market in cross-border savings and counter tax evasion – please take a look at the study today. If you would like to discuss the information it contains, please do contact us.