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  1. Idyllic island tax haven lures investors

    Posted Jul 14th 2010, 12:00am by Peta Tomlinson

    ... in length, covering an area of only 572 square kilometres, is one of the most tax-friendly jurisdictions on earth. The Isle of Man is a self-governing British Crown dependency. It has a large ... taxes- just a straightforward income tax levy- and no stamp duty on property purchases. It's also known as a very private island. With a population of only 80,000, the property market ...

  2. Tax haven Anguilla courts companies

    Posted Jun 08th 2010, 12:00am by Staff Reporter

    ... The list of offshore tax havens luring Hong Kong, mainland and regional companies is growing, and one can add to it Anguilla, a small British-governed Caribbean island. Representatives ... registrations. Nearly a third of all companies registered in such offshore tax havens are owned by Hong Kong corporations and investors. According to offshore consultants, Anguilla has a simple ...

  3. Tax havens offer financial benefits

    Posted May 25th 2010, 12:00am by Staff Reporter

    ... The words 'tax haven' are sometimes mistakenly associated with siphoning off funds, hiding money from tax authorities or even stashing away ill-gotten wealth. However, ... transfers. Details of directors and shareholders of offshore companies are usually not publicly available, which affords confidentiality. In Hong Kong, most companies use tax havens to incorporate ...

  4. HK seeking tax treaties to silence haven claims

    Posted Mar 30th 2010, 12:00am by Irene Jay Liu

    ... Irene Jay Liu Fighting criticism that it has become a worldwide tax haven, Hong Kong is aggressively pursuing tax treaties that would allow greater exchange of information with its trading ... the Treasury Bureau denied that Hong Kong was a tax haven but said: 'Any negative perceptions [of] the transparency of our tax regime would harm Hong Kong's reputation as an international ...

  5. You can't sentence my client- they haven't convicted him yet

    Posted Apr 30th 2010, 12:00am by Staff Reporter

    ... to appeal against tax assessments or hold over tax payments. Between 1 April 2004 and 16 November 2006, the court heard, he had copied personal data including names, identity card numbers ...

  6. HK set to sign tax treaty with France next month

    Posted Oct 05th 2010, 12:00am by Staff Reporter

    ... and prove it is not a tax haven. France originally planned to sign the treaty with Hong Kong in May, but postponed at the last minute as the officials responsible were busy with Europe's debt ... Nicolas Sarkozy argued at the G20 summit over a list of global tax havens- that may have included Hong Kong and Macau. US President Barack Obama stepped in and eventually the leaders agreed. Hong ...

  7. We cannot dodge the issue of tax evasion

    Posted Apr 01st 2010, 12:00am by Staff Reporter

    ... One of the legacies of the global financial crisis is the moral and political momentum it has added to the international pursuit of tax evaders. It surfaced at the summit of the Group of 20 large economies a year ago, when a dispute over tax havens resulted in Hong Kong being left with unclear status, neither in compliance with international tax standards nor in flagrant ...

  8. Lawmakers pass bill targeting tax dodgers

    Posted Jan 07th 2010, 12:00am by Paggie Leung

    ... aims to fend off accusations that the city is a tax haven. The amendment to the Inland Revenue Ordinance will enable Hong Kong to adopt the latest international standards on exchanging ... expatriates and locals, noting that even many tax havens were adopting the latest standards. Blanco said, for example, if the city signed a CDTA with South Korea, an person from Hong Kong would ...

  9. We must not tolerate these rich tax cheats

    Posted Mar 15th 2010, 12:00am by Staff Reporter

    ... always been an element of hypocrisy in the way governments of rich nations have tolerated the existence of tax havens like Switzerland for decades. Rich and powerful people have made use ... copies of the stolen information before returning it to their irate Swiss counterparts. The French say they reserve the right to use the data to track down French tax dodgers. Cash-strapped ...

  10. Expats warned to avoid tax dangers

    Posted Oct 19th 2010, 12:00am by Staff Reporter

    ... popularity as a trust centre and whether it is on the Organisation for Economic Co-operation and Development's grey or blacklist of countries designated as tax havens are all factors ... Tax and its implications could not be more important for those looking to set up a trust in an offshore jurisdiction. But it's not just the tax regime that matters. Of equal ...




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