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Tax technology key for private banks, says PwC

With Asian assets under management (AUMs) set to more than double to US$16.2 trillion by 2020, PwC notes that wealth managers will be forced to turn to tax technology in order to strengthen their full tax advisory capabilities. Investors will expect asset management providers to have “robust and efficient tax infrastructures”, says a new PwC report. The rising AUM figures for…

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