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Results 1 - 10 of 2282 for tax haven

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  1. Business - Banking & Finance - BANKING

    HSBC pledges tax haven cutback at annual meeting

    Posted May 25th 2013, 12:00am by KANIS LI

    ... Kanis Li kanis.li@scmp.com Chairman tells angry shareholders bank will improve compliance, sees great opportunities in increasingly internationalised yuan HSBC pledges tax haven cutback Follow @SCMP_News HSBC pledged to cut its activities in tax havens and further tighten compliance procedures, under a barrage of complaints about past misdeeds from shareholders ...

    http://www.scmp.com/business/banking-finance/article/1245482/hsbc-pledges-tax-haven-cutback-annual-meeting
  2. Business - Companies - EARNINGS

    IBM tax rate hits 20-year low with help of Dutch haven

    Posted Feb 05th 2014, 05:37am by Bloomberg

    ... havens for multinational firms looking for ways to legally reduce their tax rates. "They've got a lot of ways to beat earnings and they definitely take advantage of it," said Josh ... a corporate tax haven where IBM has thousands of employees. The Dutch group had three employees in 2008, a number that swelled to about 205,000 by the end of 2012- only 2 per cent of whom actually ...

    http://www.scmp.com/business/companies/article/1420936/ibm-tax-rate-hits-20-year-low-help-dutch-haven
  3. Business - Banking & Finance - FINANCE

    Chinaleaks: Hong Kong anti-poverty duo 'failed to declare ties to tax haven'

    Posted Jan 23rd 2014, 12:01am by Tanna Chong

    ... duo failed to declare ties to tax haven Two members of the government's Commission on Poverty failed to declare ties to companies registered in the secretive tax haven of the British ... for comment last night. While there are no legal consequences for commission members who fail to declare an interest, a fellow member says the pair's use of the notorious tax haven could shake ...

    http://www.scmp.com/business/banking-finance/article/1411334/tycoon-union-leader-failed-declare-ties-tax-haven-leaked
  4. Business - Comment - MONITOR

    The US$50b a year reason China's elite love tax havens

    Posted Jan 23rd 2014, 01:13am by Tom Holland

    ... reason China's elite love tax havens Yesterday an outfit called the International Consortium of Investigative Journalists published a story in several newspapers around the world alleging that close relatives of many of China's senior leaders own companies registered in offshore tax havens including the British Virgin Islands. In terms of revelatory shock, this story has as much ...

    http://www.scmp.com/business/article/1411288/us50b-year-reason-chinas-elite-love-tax-havens
  5. News - World - FINANCE

    Britain clinches deal on tax havens

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

    ... deal on tax havens Britain clinched a deal with its major offshore tax havens yesterday that will see 10 British overseas territories and crown dependencies sign up to international protocols ... The group that first reported the files said anyone can now search the records of some 100,000 companies, trusts and funds located in leading tax havens to see who could be making use of them ...

    http://www.scmp.com/news/world/article/1261822/britain-clinches-deal-tax-havens
  6. Business - Banking & Finance - BANKING

    Barclays under fire over African tax haven promotion

    Posted Nov 25th 2013, 03:52am by GDN

    ... The Guardian UK lender hails Mauritius as 'offshore financial centre of choice for India, sub-Saharan region' Barclays under fire over African tax haven promotion Barclays has come under fire for promoting the use of offshore tax havens as a route for companies investing in Africa. In a report published last week, ActionAid says Barclays' marketing of offshore ...

    http://www.scmp.com/business/banking-finance/article/1364694/barclays-under-fire-over-african-tax-haven-promotion
  7. Business - Banking & Finance

    Tax haven sees 86pc rise in yuan flows

    Posted Aug 28th 2013, 12:00am by Jeanny Yu

    ... Jeanny Yu jeanny.yu@scmp.com Tax haven sees 86pc rise in yuan flows Luxembourg has become the second-largest country to settle yuan payments in Europe after France, with more and more yuan capital flowing to the tax haven as Chinese firms rush to set up headquarters there. The country has seen an 86 per cent jump in yuan fund transfers during the year ended July, mainly due ...

    http://www.scmp.com/business/banking-finance/article/1299939/tax-haven-sees-86pc-rise-yuan-flows
  8. Business - Economy - REGULATION

    Tax evaders feel the heat in havens

    Posted Aug 24th 2013, 12:00am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com Mainland and Hong Kong are under pressure to comply with FATCA to maintain competitive edge after the BVI and Caymans take steps in this direction Tax evaders feel the heat in havens Plans by well-known corporate havens such as the British Virgin Islands (BVI) and Cayman Islands to comply with a US law to fight tax evasion will have ...

    http://www.scmp.com/business/economy/article/1299071/tax-evaders-feel-heat-havens
  9. 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

    ... Toh Han Shih hanshih.toh@scmp.com Charity says top UK firms, including HSBC, are helping 'siphon' funds to places like Hong Kong Offshore tax havens 'big contributor to poverty' The widespread use of offshore tax havens such as Hong Kong by nearly all 100 of the largest British-listed companies, including HSBC and Standard Chartered, may contribute to world ...

    http://www.scmp.com/business/banking-finance/article/1237109/offshore-tax-havens-hong-kong-contribute-poverty-says
  10. Business - Economy - DIPLOMACY

    Tax haven Liechtenstein opens consulate in Hong Kong to boost ties

    Posted Jul 01st 2013, 12:00am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com European tax haven wants to boost its presence in Asia as region's economic power grows Liechtenstein opens consulate to boost ties The Principality ... financial centre to its long history as a tax haven. Net inflows of new money into Liechtenstein last year totalled 13.2 billion Swiss francs (HK$108 billion), according to an official Liechtenstein ...

    http://www.scmp.com/business/economy/article/1272704/tax-haven-liechtenstein-opens-consulate-hong-kong-boost-ties

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