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  1. Mainland businesses welcome new tax law

    Posted Mar 09th 2007, 12:00am by Staff Reporter

    ... local officials, worried that their regions might lose their appeal to many foreign investors. The bill seeks to unify the rate of income tax paid by foreign and domestic firms at 25 per cent. If passed, it will end a decades-old practice aimed at attracting foreign investment that makes domestic firms pay 33 per cent income tax while their foreign counterparts are subject to an average 15 ...

    http://www.scmp.com/article/584357/mainland-businesses-welcome-new-tax-law
  2. News - World - UNITED STATES

    Obama's budget targets tax loopholes of rich

    Posted Apr 11th 2013, 12:00am by AFP

    ... but irked liberal allies. Obama said his blueprint for fiscal year 2014 would shield the middle class by closing tax loopholes that help the rich, would grow the economy, cut the deficit, train ... budget that slashes spending, warned that Obama had already made life tough enough on the rich, adding: "We don't need to be raising taxes on the American people." For years, ...

    http://www.scmp.com/news/world/article/1211868/obamas-budget-targets-tax-loopholes-rich
  3. Carbon tax the way to blue skies and financial stability

    Posted Dec 27th 2006, 12:00am by Staff Reporter

    ... The purpose of taxes in Hong Kong is to collect revenue for public spending on the various needs of society. The purpose of taxes in other developed countries sometimes goes beyond mere public revenue to act as a financial tool to drive certain changes. For instance, a tax on plastic bags in certain European nations aims to cut the excessive use of these bags, to reduce ...

    http://www.scmp.com/article/576674/carbon-tax-way-blue-skies-and-financial-stability
  4. Must we pay taxes to be responsible citizens?

    Posted Aug 10th 2006, 12:00am by Tony Latter

    ... Tony Latter Tucked away in paragraph 46 of the government's recent consultation paper on a goods and services tax was a rather sinister passage, arguing that the paying of taxes ... don't pay taxes include pensioners, people who sweep streets or clean toilets, and those who serve as humble clerks in business empires. I know of no shred of evidence that such people are any ...

    http://www.scmp.com/article/559773/must-we-pay-taxes-be-responsible-citizens
  5. News - World - FRANCE

    France's Hollande under pressure to reshuffle government after scandal, poll finds

    Posted Apr 07th 2013, 08:35pm by Reuters in Paris

    ... ownership of two firms registered in the Cayman Islands, a Caribbean tax haven. Hollande has said he had no knowledge of his long-term friend’s businesses, while Augier is not suspected of doing ... is rotten and we need a shake-up,” Moscovici said on Europe 1 radio. But fresh allegations on Sunday have again put the spotlight on the scandal. Swiss media said Cahuzac may have falsified a tax ...

    http://www.scmp.com/news/world/article/1209332/frances-hollande-under-pressure-reshuffle-government-after-scandal-poll
  6. Take fight to the money-launderers

    Posted Aug 30th 2011, 12:00am

    ... As long as Hong Kong remains a financial centre and a free port, it will be an attractive place for money-launderers and tax dodgers. Reputation is everything to a city such as ours, so ... are also a weakness. The ease with which companies can be set up and managed and the low tax rate are a draw for criminals as well as legitimate firms. Tax authorities collect less information from ...

    http://www.scmp.com/article/977573/take-fight-money-launderers
  7. 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
  8. Business - Companies

    Japanese firms set to invest more despite sales-tax slump

    Posted Jul 02nd 2014, 01:44am by BLOOM

    ... Bloomberg in Tokyo Japanese firms set to defy sales tax slump Japanese companies increased their investment plans more than forecast even as a sales tax rise dented sentiment, potentially ... incentives for corporate spending at home. Resilience in the corporate sector would help buttress an economy estimated to have contracted in the past quarter as the sales tax increase crimped ...

    http://www.scmp.com/business/companies/article/1544551/japanese-firms-set-invest-more-despite-sales-tax-slump
  9. News - China - CRIME

    More drug suspects at large despite crackdowns on Chinese meth haven Lufeng

    Posted May 29th 2014, 04:44pm by Teddy Ng

    ... Teddy Ng in Beijing teddy.ng@scmp.com 'Meth village' suspects remain at large Numerous drug trafficking suspects remain at large despite months of police crackdowns in Lufeng city, Guangdong province- home to the infamous "meth village" ...

    http://www.scmp.com/news/china/article/1521147/more-drug-suspects-large-despite-crackdowns-chinese-meth-haven-lufeng
  10. Magazines - 48hrs - FOOD & WINE

    Bar review: Tipping Point Brewery Co is a haven for beer lovers

    Posted May 28th 2014, 11:28pm by Charley Lanyon

    ... Text: Charley Lanyon Tipping Point 79 Wyndham Street, Central Tel: 2868 2892   The vibe: judging from the crowds of suited-up beer lovers, Tipping Point is thriving. The bar and brewing company's stripped down, minimalist decor manages to exude a deg ...

    http://www.scmp.com/magazines/48hrs/article/1518777/bar-review-tipping-point-brewery-co-haven-beer-lovers

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