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Results 1 - 10 of 2194 for tax avoidance and tax evasion

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  1. Business - Banking & Finance - WHITE COLLAR

    Fatca dealt with, but clones of tax evasion law may emerge

    Posted May 12th 2014, 10:28am by Enoch Yiu

    ... clamping down on tax evasion by US citizens. However, the celebration may be short-lived, as lawyers expect other Western countries and China to create their own versions of the US law. The Foreign ... citizens as tax avoidance vehicles. Unfortunately, the story does not end here. New threats lie in the wings. Lawyers said other Western countries and the mainland are now planning legislation ...

    http://www.scmp.com/business/banking-finance/article/1510412/fatca-dealt-clones-tax-evasion-law-may-emerge
  2. Comment - Insight & Opinion

    In battle against tax evasion, our reputation must come before politics

    Posted Sep 27th 2014, 05:35am by SCMP Editorial

    ... cross-border tax evasion. This is an issue on which Financial Secretary John Tsang Chun-wah and the G20 finance ministers and central bankers meeting in Cairns were on the same page. In his regular blog, Tsang appealed to lawmakers to support legislation for automatic data sharing with other countries on corporate and individual tax affairs, while G20 finance officials meeting ...

    http://www.scmp.com/comment/insight-opinion/article/1601311/battle-against-tax-evasion-our-reputation-must-come-politics
  3. Comment - Insight & Opinion

    Tax evasion in Pakistan is a way of life

    Posted Dec 24th 2012, 12:00am by SYED FAZL-E-HAIDER

    ... Syed Fazl-e-Haider Syed Fazl-e-Haider says the country operates on loans, as neither the rich nor officials pay Tax evasion everywhere you turn in Pakistan The rich in Pakistan continually avoid paying tax, leaving the government to depend on aid from other countries. Officials have developed an expertise in running the country on loans and donations. Elite groups of society ...

    http://www.scmp.com/comment/insight-opinion/article/1111567/tax-evasion-pakistan-way-life
  4. Comment - Insight & Opinion - JAKE'S VIEW

    EU fails to adapt to borderless world

    Posted May 26th 2013, 12:00am by Jake Van Der Kamp

    ... Jake van der Kamp EU's tears over lawful tax avoidance cloud real issue The European Union's loss of revenue from tax fraud and evasion was €1 trillion, said the president ... stopper in a round drain and, not surprisingly, the sink always leaks. These leaks, however, constitute tax avoidance, not tax evasion, and it is entirely legal for people to take advantage ...

    http://www.scmp.com/comment/insight-opinion/article/1246076/eu-fails-adapt-borderless-world
  5. Comment - Insight & Opinion

    Hong Kong must not allow its tax policy to be used as a political weapon

    Posted Aug 26th 2014, 12:05pm by ARTHUR LAFFER

    ... in order to generate high levels of voluntary compliance, you need to minimise the incentives to avoid taxation. Remember, jobs and wealth are created by those who are taxed, not by those doing ... and distributed goods and those on which no duty has been paid becomes too great, it will encourage black market activity and mass tax evasion. Few politicians anywhere would campaign on a platform ...

    http://www.scmp.com/comment/article/1580757/hong-kong-must-not-allow-its-tax-policy-be-used-political-weapon
  6. Business - Comment - THE VIEW

    Fatca regime may have unintended consequences for financial system

    Posted Aug 04th 2014, 03:40am by Peter Guy

    ... motivated all branches of the US government to aggressively pursue any terrorist activity. The US Department of Justice revolutionised the prosecution of offshore tax evasion in 2009 ... American clients to evade US taxes. UBS avoided prosecution and agreed to reveal the identity of 4,450 US customers and paid a US$780 million fine. The IRS successfully ended Swiss bank secrecy ...

    http://www.scmp.com/business/article/1565727/fatca-regime-may-have-unintended-consequences-financial-system
  7. Business - Economy - JAKE'S VIEW

    Action plan on tax an impossible task

    Posted Jul 23rd 2013, 12:00am by Jake Van Der Kamp

    ... Jake van der Kamp Jake.vanderkamp@scmp.com For the proposed scheme to clamp down on tax evasion to be effective, it will require tracking down the domiciles of ultimate beneficiaries Action plan on tax an impossible task The Group of 20 has fully endorsed an action plan to clamp down on tax avoidance which its creators say could lead to the biggest change in the global tax ...

    http://www.scmp.com/business/economy/article/1288737/action-plan-tax-impossible-task
  8. Comment - Letters

    Change way property is taxed to ease supply and prevent hoarding

    Posted Sep 18th 2014, 05:22am by LETTERS

    ... Change way property is taxed to ease supply and prevent hoarding Homes should be built and owned solely for people to live in and not as a means of making money, at least until ... social initiatives. The property inheritance tax abolished in 2006 under Donald Tsang Yam-kuen's administration should be brought back; perhaps at 25 per cent- in line with most developed ...

    http://www.scmp.com/comment/letters/article/1594903/change-way-property-taxed-ease-supply-and-prevent-hoarding
  9. Comment - Letters

    Realtors' authority needs teeth to police money laundering

    Posted Oct 02nd 2012, 12:00am by STAFF

    ... Realtors' authorityneeds teeth to police money laundering Legislator Kenneth Leung Kai-cheong ("Vet cash source of mainland buyers", September 24) and Keith Noyes ("Curb use of dirty money to buy flats", September 27) make excelle ...

    http://www.scmp.com/comment/letters/article/1051876/realtors-authority-needs-teeth-police-money-laundering
  10. Comment - Blogs

    Ai Weiwei ready to lose his second tax fine appeal today

    Posted Sep 27th 2012, 07:58am by John Kennedy

    ... John Kennedy   Artist Ai Weiwei will receive a ruling at around 10am today in a second appeal of tax evasion charges and a fine of more than 15 million yuan (HK$18.5 million) brought ... to Avoid a U.S.-China Cold War   Instead, the relationship between the United States and China can best be characterized as “superficial friends,” which is epitomized by a character–strategy ...

    http://www.scmp.com/comment/blogs/article/1048297/ai-weiwei-ready-lose-his-second-tax-fine-appeal-today

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