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  • November 28, 2014
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Results 71 - 80 of 903 for tax haven

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  1. Rising aluminium prices help Rusal profit

    Posted Apr 01st 2011, 12:00am

    ... surged to US$2.9 billion from US$841 million in 2009. Rusal paid just US$144 million in income tax, less than 5 per cent of pre-tax earnings. In its annual results statement, Rusal admitted a 'significant portion' of its profits came from subsidiaries based in tax havens. ...

    http://www.scmp.com/article/963877/rising-aluminium-prices-help-rusal-profit
  2. BEA offers haven against 'shameful' death tax

    Posted Jul 14th 2004, 12:00am by Louis Beckerling

    ... up offshore trusts. Under Hong Kong's territorially based estate duty, tax is payable on all properties in Hong Kong, irrespective of nationality, residence or domicile. Estates valued ... 'We will be most happy to help you restructure your holdings to avoid this shameful tax.' Continuing what he called a 'decades-long' battle to have the death duties scrapped, Mr ...

    http://www.scmp.com/article/463058/bea-offers-haven-against-shameful-death-tax
  3. Hampered havens help Hong Kong

    Posted Jun 15th 2007, 12:00am by Shobha Nihalani

    ... readily available for people and companies to avoid taxes has led to a shift in assets from traditional tax havens such as Gibraltar, the Cayman Islands, or Switzerland to Hong Kong and Singapore, ... or the practice of avoiding taxes through offshore tax havens. OECD countries have signed an agreement to exchange information to counter harmful tax practices. Because Hong Kong is not a member ...

    http://www.scmp.com/article/596787/hampered-havens-help-hong-kong
  4. 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
  5. Business - Companies - BUSINESS

    Exposé proves bad for business in British Virgin Islands

    Posted Jan 18th 2014, 12:29am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com Exposé proves bad for business in tax haven Revelations about secretive companies set up in the British Virgin Islands have proved bad for business in the Caribbean tax haven. Incorporations of offshore companies in the BVI fell sharply last year, following leaks about account holders. The most recent data from the BVI Financial Services Commission ...

    http://www.scmp.com/business/companies/article/1408050/expose-proves-bad-business-british-virgin-islands
  6. New powers proposed for tax inspectors to thwart evasion

    Posted Apr 28th 2009, 12:00am by Paggie Leung

    ... after Hong Kong faced the threat of being declared a tax haven at the G20 summit in London. The proposal- according to a paper prepared by the Financial Services and the Treasury Bureau ... tax rules fell under the international spotlight in London amid moves that threatened to see it declared a tax haven in the G20 final communiqu?. That humiliation was apparently averted when ...

    http://www.scmp.com/article/678353/new-powers-proposed-tax-inspectors-thwart-evasion
  7. News - Asia - INDIA

    India gives court names of 627 with HSBC Swiss bank accounts in tax probe

    Posted Oct 29th 2014, 09:38pm by AP

    ... to complete its probe and begin legal action against tax evaders. Prime Minister Narendra Modi says he wants to prosecute tax dodgers and bring money stashed in tax havens back into the country ... India's equivalent of the FBI, said in 2012 that US$500 billion was held by Indians in tax havens overseas. Funds are stashed in such tax havens as Liechtenstein, British Virgin Islands, ...

    http://www.scmp.com/news/asia/article/1627738/india-gives-court-names-627-hsbc-swiss-bank-accounts-tax-probe
  8. Business - Banking & Finance

    US fight against tax cheats wins wide support

    Posted Jun 04th 2014, 05:08am by AFP

    ... for ways to close its budget deficit and clamp down on tax avoidance, Washington has particularly aimed the Fatca effort at traditional tax havens like Switzerland. On May 19, Credit Suisse ... tax haven, sealed an anti-tax fraud agreement with Washington that requires banks in the principality to provide information about accounts held by US taxpayers. ...

    http://www.scmp.com/business/banking-finance/article/1524869/us-fight-against-tax-cheats-wins-wide-support
  9. News - World - G8 SUMMIT

    Call for global information system to curb tax evasion

    Posted Jun 19th 2013, 12:00am by WASHINGTON POST

    ... The leading developed nations have called for the creation of a global system to automatically funnel financial information about individuals and companies using offshore tax havens, but Switzerland ... Act requires overseas financial institutions to send the Internal Revenue Service information about accounts held by Americans in an effort to curb the use of foreign tax havens ...

    http://www.scmp.com/news/world/article/1263774/call-global-information-system-curb-tax-evasion
  10. New powers proposed for tax inspectors

    Posted Apr 28th 2009, 12:00am by Paggie Leung

    ... after Hong Kong faced the threat of being declared a tax haven at the G20 summit in London. The proposal- according to a paper prepared by the Financial Services and the Treasury Bureau ... tax rules fell under the international spotlight in London amid moves that threatened to see the city declared a tax haven in the G20 final communique. That humiliation was apparently averted ...

    http://www.scmp.com/article/678386/new-powers-proposed-tax-inspectors

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