• Monday
  • October 20, 2014
  • Last updated: 4:40pm
Hong Kong




Refine Your Search

Sort by

Search Results

Results 1 - 10 of 1770 for tax avoidance and tax evasion

Related topics matching your search

Search results

  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. Actress yet to receive tax evasion indictment

    Posted Aug 19th 2003, 12:00am by Staff Reporter

    ... that are crucial as they prepare her defence on tax evasion charges. Liu, who was granted bail last Saturday after being detained for 16 months for tax evasion, has been told by police that she must ... manager of Liu's company, could be made a scapegoat. Mr Xu said Liu Xiaoqing could be cleared of the charges if she could show that she was not the driving force behind the tax evasion. Her ...

  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' ...

  4. Luxembourg to weigh up double-tax treaty with HK

    Posted Sep 11th 2003, 12:00am by Raymond Ma

    ... in a bid to fight cross-border tax evasion, Luxembourg and two other states have elected to pay a withholding tax to keep its banking secrets. Luxembourg Bankers' Association director ... Luxembourg is considering the establishment of a treaty with Hong Kong to eliminate double taxation after the introduction of new taxes, needed to help preserve its banking secrets, ...

  5. Ex-tax chief loses execution appeal

    Posted Oct 10th 2003, 12:00am by Staff Reporter

    ... to put Yang Gaiqing, a manager of a trading company, on trial for alleged tax evasion involving the smuggling of 820,000 tonnes of cooking oil into China from 1996 to 1998. ... The former tax bureau chief of Hebei province has lost his appeal against a death sentence for corruption, Xinhua reported yesterday. Li Zhen, who was sentenced in August by Tangshan ...

  6. Millionaire actress' company and manager go on trial

    Posted Dec 13th 2003, 12:00am by Staff Reporter

    ... Irene Wang Liu Xiaoqing's firm faces 52 counts of tax evasion totalling 8.48m yuan The courtroom drama began yesterday for millionaire actress Liu Xiaoqing's company and its general manager- charged with tax evasion. The company, the Beijing Xiaoqing Culture and Arts Company and general manager Jing Jun, face 52 counts of tax evasion totalling 8.48 million yuan ...

  7. 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 ...

  8. Tax reforms are more than a numbers game

    Posted Jul 04th 2003, 12:00am by Staff Reporter

    ... for change includes an effort to stem widespread tax evasion on the part of the country's highest earners. The government's pursuit of tycoons like Yang Bin is well known but, just ... The Ministry of Finance's call for reforms to China's personal income tax system is an indication of a comprehensive overhaul yet to come. Proposals discussed in the past few ...

  9. More transparency, not more taxes, please

    Posted Nov 03rd 2003, 12:00am by Philip Bowring

    ... on the mainland- whatever the rules of origin may say- which means that Hong Kong workers are not getting the benefit of jobs. The mainland producers, their workers and the intermediaries are paying a tax ... and traders best able to use them. Is that not what a market economy is supposed to be about? It would raise several times more than will be gathered by the racist tax of maids. It may ...

  10. Using Octopus cards could speed payment of border tax

    Posted Sep 20th 2003, 12:00am by Ella Lee

    ... the government says. In a paper to be discussed at Legco next week, the Financial Services and the Treasury Bureau say transport operators in Hong Kong have agreed to collect the border tax to avoid ... to crack down on people who try to avoid paying the tax. It has estimated that the administrative cost of the proposed border tax will be between $38 million and $55 million a year. It is believed ...




SCMP.com Account