• Tuesday
  • October 21, 2014
  • Last updated: 7:24pm
Hong Kong




Refine Your Search

Sort by

Search Results

Results 1 - 10 of 472 for tax avoidance and tax evasion

Related topics matching your search

Search results

  1. Li & Fung investor seeks to cash out HK$1.49b

    Posted Mar 30th 2007, 12:00am by Staff Reporter

    ... Tim LeeMaster An institutional investor is raising up to HK$1.49 billion by selling a 1.8 per cent stake in Li & Fung, according to a deal term sheet, as concern grows about how the leading consumer goods trader will fare in case of a United States sl ...

  2. China Mobile expected to report 30pc rise in earnings

    Posted Mar 19th 2007, 12:00am by Staff Reporter

    ... Frederick Yeung China Mobile is expected to deliver an 18 to 30 per cent increase in net profit for last year, thanks to strong growth in the rural market. The mobile operator will announce its full-year results on Wednesday, with market analysts expectin ...

  3. Firms grapple with red tape

    Posted Nov 01st 2011, 12:00am

    ... Globalisation turned our world into a global village. Multinational companies do business across various time zones and tax jurisdictions. Now a report by a Big Four accounting firm shows that companies with operations in various countries are struggling to comply with increasing regulation and the growing complexity of global financial and tax reporting. Mainland companies ...

  4. Tax breaks for mainland firms in go-global push

    Posted Jul 04th 2012, 12:00am

    ... Toh Han Shih hanshih.toh@scmp.com The central government has announced a series of measures, including tax exemptions, to encourage private mainland companies to invest abroad. A joint declaration by 13 government departments- including the National Development and Reform Commission (NDRC), the Ministry of Foreign Affairs, the Ministry of Commerce and the People's Bank ...

  5. China Petrochemical escapes full resource tax

    Posted Oct 15th 2011, 12:00am

    ... Eric Ng eric.mpng@scmp.com China Petrochemical, the mainland's second-largest oil and gas producer, will not have to pay the full resource tax rate as Beijing plans to charge less ... an average resource tax rate of 3.7 per cent, Bloomberg reported. This is lower than the 5 to 10 per cent range announced by the State Council on Monday under a reform of the tax that will take ...

  6. Taxing times for mainland oil firms

    Posted Oct 13th 2011, 12:00am

    ... Charlotte So charlotte.so@scmp.com Mainland oil companies are pinning their hopes on relief measures by Beijing to offset their increasing tax burden. An executive from the country's second-largest oil company, China Petrochemical, better known as Sinopec, told Reuters that the government would raise the threshold for the windfall tax on domestic oil and gas production, which is now ...

  7. Row over Cheung Kong chief's tax blog escalates

    Posted Apr 30th 2011, 12:00am

    ... Fanny W. Y. Fung A powerful developers' group and the government are at loggerheads over Cheung Kong Real Estate director William Kwok Tze-wai's comment that a measure to curb property speculation would not dampen buyer sentiment. The Real Estat ...

  8. Xinjiang revises tax on oil and gas output

    Posted Jun 03rd 2010, 12:00am by Eric Ng

    ... Eric Ng Xinjiang has become the first region on the mainland to revise its resources tax on oil and natural gas, which will bring the provincial government billions of yuan in extra revenue a year. The tax revision was seen as a move to address the widening wealth gap between the poor but resources-rich inland region and the prosperous coastal areas. Producers of crude oil ...

  9. Oil levy payment points to 29pc drop in CNPC pre-tax earnings

    Posted Jan 21st 2009, 12:00am by Eric Ng

    ... China National Petroleum Corp (CNPC), the country's largest oil and gas producer, may have recorded a 29.1 per cent decline in pre-tax profit last year, a mainland newspaper said. The parent of listed PetroChina paid just over 85 billion yuan (HK$96.4 billion) to the central government last year in oil revenues special levy, a form of windfall tax, China Business News quoted ...

  10. Pre-tax profits at mainland banks jump 83pc to record 610b yuan

    Posted Feb 27th 2008, 12:00am by Tom Miller

    ... Tom Miller in Beijing Mainland banks bucked the global trend by earning a record 610 billion yuan in pre-tax profits last year, buoyed by strong loan expansion and fees derived from the booming stock market, according to a preliminary estimate. Industry pre-tax earnings surged 83 per cent from 333 billion yuan in 2006, with earnings at the big four state-owned banks breaking ...




SCMP.com Account