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Search results
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Property - International - JAPAN
Japan enjoys home sales rush to beat looming tax rise
Posted Aug 29th 2012, 12:00am by Bloomberg
... Property International Tax Bloomberg in Tokyo New housing loans up 14.7pc as buyers take the plunge before increase in sales levy in 2014 adds cost of a Toyota Corolla to the average property Record low mortgage rates and the prospect of a consumption tax jump that will add the price of a new Toyota Corolla to the cost of an average home spurred Sumiko Morigaki into action. ...
http://www.scmp.com/property/international/article/1024614/japan-enjoys-home-sales-rush-beat-looming-tax-rise -
Taxing time for US expats in Hong Kong
Posted Mar 02nd 2010, 12:00am by Staff Reporter
... at cracking down on Americans evading taxes overseas - by imposing financial penalties on banks that do not reveal their accounts to the (IRS). With no tax treaty between Hong Kong and the US, ...
http://www.scmp.com/article/707340/taxing-time-us-expats-hong-kong -
News - World - EUROPEAN UNION
EU leaders face tough talks at tax-fraud summit
Posted May 22nd 2013, 06:04pm by AFP
... accounts automatically for fear of undermining their important financial services sectors. The one-day summit also takes place as revelations about the tax practices of some of the world’s biggest ...
http://www.scmp.com/news/world/article/1243524/eu-leaders-face-tough-talks-tax-fraud-summit -
Business - Companies - ACCOUNTING
Apple's tax practice in China subject of fierce debate
Posted May 22nd 2013, 12:00am by BIEN PEREZ, Sophie Yu
... Business Companies Apple Tax Bien Perez and Sophie Yu Technology giant's income from its App Store subject of hot discussions amid US scrutiny over claims of sheltered US$100 billion stash While legislators in the United States put Apple under a microscope, the company's tax strategy in China has also become the focus of a lively debate. The discussions have centred ...
http://www.scmp.com/business/companies/article/1243094/apples-tax-practice-china-also-under-scrutiny -
News - Asia - SINGAPORE
Singapore boosts measures against global tax cheats
Posted May 14th 2013, 09:40pm by AFP
... News Asia Tax Evasion Agence France-Presse in Singapore Singapore said on Tuesday it will implement new measures that will make it easier to share information with other countries on cross-border tax evaders trying to hide assets in the city-state. The move comes as the United States and developed countries in Europe intensify efforts to ferret out citizens who avoid paying taxes ...
http://www.scmp.com/news/asia/article/1237781/singapore-boosts-measures-against-global-tax-cheats -
News - Asia - AUSTRALIA
Australia proposes new tax for disability welfare
Posted May 01st 2013, 01:14pm by Associated Press in Canberra
... News Asia Australia Tax Associated Press in Canberra Prime Minister Julia Gillard has pinned her government’s re-election hopes on a new welfare scheme for the disabled, proposing on Tuesday a new tax to better fund care for Australians with severe physical and mental disabilities. The tax would not be paid until July 1, next year. Gillard said legislation to create the tax ...
http://www.scmp.com/news/asia/article/1227432/australia-proposes-new-tax-disability-welfare -
Business - Economy - WEALTH
Rich dodge US$156b tax on hidden assets, says Oxfam
Posted May 23rd 2013, 12:00am by Toh Han Shih
... Business Economy Tax Haven Tax Evasion Personal Assets Oxfam Wealth Tax Toh Han Shih hanshih.toh@scmp.com International agency Oxfam says the world's wealthy have managed to hide away at least US$18 trillion in offshore havens where they pay no tax The world's rich have hidden at least US$18.5 trillion in tax havens around the globe, causing the loss of more than US$156 ...
http://www.scmp.com/business/economy/article/1243769/rich-dodge-us156b-tax-hidden-assets -
News - World - BRITAIN
Cameron urges overseas tax havens to help fight levy evasion
Posted May 21st 2013, 12:00am by AFP
... News World David Cameron tax havens Tax Avoidance and Tax Evasion Agence France-Presse in London British Prime Minister David Cameron wrote to the leaders of overseas tax havens yesterday, urging them to help Britain's efforts to fight tax evasion and avoidance. Cameron sent a letter to 10 British crown dependencies and overseas territories regarding the "critical" ...
http://www.scmp.com/news/world/article/1242096/cameron-urges-overseas-tax-havens-help-fight-levy-evasion -
News - Asia - SINGAPORE
Singapore's banks get set to dump clients suspected of tax evasion
Posted May 07th 2013, 12:00am by Reuters
... News Asia Business Banking & Finance Tax Avoidance and Tax Evasion Banking Compliance Reuters in Singapore Financial institutions are racing to meet July 1 deadline to identify suspect accounts or face charges under new money-laundering law Banks in Singapore are urgently scrutinising account holders as an imminent deadline on stricter tax evasion measures forces them to decide ...
http://www.scmp.com/news/asia/article/1231641/singapores-banks-get-set-dump-clients-suspected-tax-evasion -
Business - Companies - APPLE
Ireland rejects blame for Apple’s low tax rate
Posted May 21st 2013, 08:59am by Reuters
... Business Companies Apple Governance Tax Reuters in Dublin US Senate subcommittee says Apple paid no tax on US$29.9b dividends Ireland said on Tuesday it was not to blame for Apple’s low global tax payments and had no special rate deal with the company after the US Senate said it paid little or no tax on tens of billions of dollars in profits stashed in Irish subsidiaries. ...
http://www.scmp.com/business/companies/article/1242551/apple-argue-tax-reform-it-defends-its-offshore-practices
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