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Results 1 - 10 of 44 for tax avoidance and tax evasion

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  1. Business - Banking & Finance - FINANCE

    Swiss-US deal lifts cloak on tax cheats

    Posted Aug 30th 2013, 12:00am by NYT

    ... on tax cheats Switzerland and the US are close to announcing an agreement that could expose Americans who have used Swiss banks to avoid paying taxes. The deal will also end a long dispute over ... fine and to hand over information on 4,450 accounts to resolve accusations that it had helped wealthy US clients avoid taxes. When the Swiss rejected US demands for information from additional ...

    http://www.scmp.com/business/banking-finance/article/1300405/swiss-us-deal-lifts-cloak-tax-cheats
  2. Business - Companies - Tax

    Taxing technology

    Posted May 30th 2013, 12:00am by Reuters

    ... Reuters Some tech giants may be keeping one step ahead of the taxman, but they face a backlash that is hurting carefully crafted reputations Taxing technology For the giants of Silicon ... these companies pay very little taxes. This is not, it seems so far, a crime. But it may be worse than a crime; it is a product of their philosophies. Last year, Facebook paid "negative taxes ...

    http://www.scmp.com/business/companies/article/1249236/taxing-technology
  3. Business - Companies - TAXATION

    Google's US$2bn tax bill dodge sparks outrage

    Posted Dec 11th 2012, 12:00am by Bloomberg

    ... the European Commission, advised member states to create blacklists of tax havens and adopt anti-abuse rules. Tax evasion and avoidance, which cost the European Union €1 trillion (HK$9.9 trillion) ... Bloomberg in Rome Internet search giant used legal tactics to route revenues to Bermuda to side-step levies Google's US$2b tax avoidance sparks outrage Google avoided about US$2 ...

    http://www.scmp.com/business/companies/article/1102501/googles-us2bn-tax-bill-dodge-sparks-outrage
  4. Business - China Business - TAXATION

    China's efforts to curb tax evasion net extra HK$59b

    Posted Mar 20th 2014, 01:35am by Toh Han Shih

    ... tax collection, and take part in international exchanges of information on tax avoidance and curb cross-border tax evasion, said Zhang at a meeting on international tax collection held ... Toh Han Shih hanshih.toh@scmp.com China's efforts to curb tax evasion net extra 47b yuan The mainland's efforts to fight tax evasion brought in 46.9 billion yuan (HK$59.2 ...

    http://www.scmp.com/business/china-business/article/1452672/chinas-efforts-curb-tax-evasion-net-extra-hk59b
  5. Business - Companies

    Li Ka-shing's British power firm UKPN under fire over alleged tax avoidance

    Posted Dec 29th 2013, 11:03pm by Peter Simpson

    ... believe the use of those loopholes goes beyond tax avoidance and becomes tax evasion.” UKPN emerged after a consortium headed by Li agreed in 2010 to buy the British networks of French power group ... Li Ka-shing has come under fire amid allegations the company, at the centre of a storm over Christmas power blackouts, avoided paying millions of pounds in taxes. UK Power Networks (UKPN) ...

    http://www.scmp.com/business/companies/article/1392727/li-ka-shings-british-power-firm-ukpn-under-fire-over-alleged-tax
  6. Business - China Business - CRIME

    Beijing to step up tax evasion campaign after US multinational firm caught

    Posted Nov 25th 2014, 05:05am by Toh Han Shih

    ... major anti-tax evasion case," it said. "This case highlights the common tactic of multinationals to avoid tax, by transferring profits through various countries, taking advantage ... the announcements of the G20 summit, China will fully participate in the international efforts to combat tax evasion, and raise its level of fighting tax avoidance according to the rule of law," ...

    http://www.scmp.com/business/china-business/article/1647942/beijing-step-tax-evasion-campaign-after-us-multinational
  7. Business - China Business - REGULATION

    China to chase tax evaders with own version of US foreign account law

    Posted Mar 28th 2014, 12:10am by Toh Han Shih

    ... on tax avoidance, and curb cross-border tax evasion. At the G20 summit in St Petersburg last September, it was agreed member states would start exchanging tax information automatically by the end ... Toh Han Shih hanshih.toh@scmp.com Officials will follow US example with law targeting residents abroad Beijing to extend tax reach globally China is expected to introduce its own version ...

    http://www.scmp.com/business/china-business/article/1458825/china-chase-tax-evaders-own-version-us-foreign-account-law
  8. Business - Banking & Finance - FINANCE

    Offshore tax havens like Hong Kong contribute to poverty, says ActionAid

    Posted May 14th 2013, 12:00am by Toh Han Shih

    ... ActionAid admitted the presence of subsidiaries in tax havens is not proof of tax avoidance and said it was not accusing FTSE 100 companies of tax evasion. But these firms' extensive operations ... the tax that is due to them," said Osborne. In a tweet the same day, Osborne said: "Good talks on tax avoidance and evasion. There's definitely the will to sort it. Not going to let ...

    http://www.scmp.com/business/banking-finance/article/1237109/offshore-tax-havens-hong-kong-contribute-poverty-says
  9. News - World - FINANCE

    Britain clinches deal on tax havens

    Posted Jun 16th 2013, 12:00am by AFP, AP

    ... around the world. "At the G8 I'm going to push for international agreements to fight the scourge of tax evasion and aggressive tax avoidance." It also means getting companies ... on information sharing. It came as the International Consortium of Investigative Journalists posted online a massive database of private offshore banking entities that could be used for tax evasion ...

    http://www.scmp.com/news/world/article/1261822/britain-clinches-deal-tax-havens
  10. News - World - G8 SUMMIT

    Tax evasion, bank secrecy: G8 talks tough, seeks teeth

    Posted Jun 17th 2013, 12:00am by AP, AFP

    ... in high-tax countries and profits in low-tax countries or tax havens. Public opinion in several countries, already inflamed by stories of tax evasion and tax avoidance at a time of austerity, has been ... Associated Press, Agence France Press in Enniskillen, Northern Ireland and Paris Britain aiming to clamp down on evasion and bank secrecy An Tax evasion and banking secrecy, hot topics ...

    http://www.scmp.com/news/world/article/1262509/tax-evasion-bank-secrecy-g8-talks-tough-seeks-teeth

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