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  • November 26, 2014
  • Last updated: 1:46pm
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Results 1 - 3 of 3 for tax avoidance and tax evasion

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  1. Fight against tax evasion leaves few places to hide

    Posted Oct 19th 2003, 12:00am by David Evans

    ... line between legal tax avoidance and illegal tax evasion but, as a former British chancellor once put it, 'the difference between tax avoidance and tax evasion is the thickness of a prison ... of noncompliant taxpayers with incomes above US$100,000 avoid penalty. Mr Rennell says minimising the amount of tax or pay is legitimate but outright tax evasion is not. He believes it is only a matter ...

  2. City Briefs

    Posted Dec 06th 2003, 12:00am by Staff Reporter

    ... the trio nearby. A fourth suspect managed to escape. At least $25,000 worth of goods were stolen, police said. Family trio jailed for tax evasion Three members of a family were jailed for two months and fined $100,000 for tax evasion. Brothers Tsang Ka-yui, 57, and Tsang Ka-wing, 52, and Fung Lai-sheung, 47, the younger brother's wife, all pleaded guilty to charges that they set ...

  3. Tax crackdown aimed at multinational firms

    Posted Sep 25th 2003, 12:00am by Marcal Joanilho

    ... yuan (HK$28 billion) annually in recent years due to tax avoidance by multinational corporations. Experts said the true figure is far more than 30 billion yuan since personal income tax and tax ... firms,' Mr Vickers said. In a campaign against tax evasion last year, foreign firms' offices in Beijing were targeted, with around 3,200 companies conducting 'self-examinations' ...



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