Cross Market

Product Tax Committee

Purpose

The objectives of the PTC are to take a constructive role on matters of tax policies and advocacy for the financial industry that would make Asian financial markets more efficient through: obtaining clarity and certainty on uncertain tax positions that impact pricing (and risk) of financial products, especially those that are the subject of ASIFMA committees’ initiatives; (ii) ensuring that tax considerations on major policy decisions in Asian jurisdictions impacting financial markets are properly considered; (iii) ensuring the financial services industry in Asia has a voice on any material global tax policy agenda items that impact Asia, particularly where the impact may be different or nuanced in Asia.