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  • August 24, 2014
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  1. Business - Economy - FRANCE

    British Virgin Islands slam company leaks as 'illicit'

    Posted Apr 10th 2013, 09:18pm by Toh Han Shih

    ... evasion Anger at leaks on tax haven companies The government of the British Virgin Islands (BVI) called an investigation by the International Consortium of Investigative Journalists (ICIJ) ... for the eradication of tax havens and ordered French banks to declare all their subsidiaries, the BBC reported. He said his government would set up a central agency to fight fraud and corruption. In the wake ...

  2. GST may boost offshore deals

    Posted Aug 02nd 2006, 12:00am by Yvonne Liu

    ... Yvonne Liu Tax and property experts believe more investors will do business through overseas firms to avoid paying proposed levy The use of offshore companies by property investors to buy Hong Kong assets could surge should the proposed goods and services tax (GST) be introduced, according to tax experts and property consultants. Such a move may help the buyer avoid paying stamp ...

  3. Business - Comment - JAKE'S VIEW

    Rich are easy target but tax offensive won't help the poor

    Posted May 01st 2014, 01:18am by Jake Van Der Kamp

    ... Jake van der Kamp As the wealthy can flee, real efforts to lift those at bottom should start with smart government Rich are easy target but tax offensive won't help the poor [Thomas] ... by significantly increased taxation of the rich. Stephen Vines column, SCMP, April 30 I haven't read Mr Piketty's book and I have to confess that the prospect of ploughing through 700 pages ...

  4. Business - China Business

    Beijing gets its own Silicon Alley as bustling street becomes start-up haven

    Posted Jun 23rd 2014, 03:08am by Celine Sun

    ... Celine Sun in Beijing celine.sun@scmp.com Beijing street becoming home to internet professionals looking to start businesses from scratch Hot spot for start-ups Tucked in the heart of Beijing's bustling Zhongguancun area, the 300 metres of Haidian We ...

  5. Business - Banking & Finance

    Swiss bankers stay home amid US global tax evasion manhunt

    Posted Oct 28th 2013, 11:34am by AFP

    ... Switzerland, the paper reported. The long-time tax haven’s banks are believed to have accepted tens of billions of undeclared dollars from US citizens, though they now refuse such money, and several ... Agence France-Presse in Geneva As a US hunt for tax evaders and their accomplices gains momentum, many Swiss bankers are afraid to go abroad for fear of arrest, one business leader said. ...

  6. Business - Companies - FREIGHT

    Sinotrans sees revenue from freight forwarding fall 15.5pc

    Posted Aug 21st 2014, 11:33am by JING YANG

    ... the decrease in revenue to the shift to value-added tax from business tax on the mainland. But profit from joint ventures and associates, which rose 67 per cent to 434 million yuan, helped lifted ...

  7. Property - International - BRITAIN

    Mainland buyers of British property unfazed by new taxes

    Posted Apr 18th 2014, 10:37am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com Mainlanders, who spent about £3.5b on British property last year, are unfazed by new tax laws New taxes won't dampen Chinese interest in UK Property-related taxes imposed and proposed by the British government will not deter mainland Chinese intent on buying property in Britain, lawyers and industry insiders say. "The new tax laws ...

  8. News - Asia - WEALTH

    Group finds offshore money of Malaysian politicians

    Posted Apr 11th 2013, 12:00am by HAN SHI

    ... Toh Han Shih and Agence France-Presse Journalism group finds evidence of politicians and their families involved in offshore havens that may impact on May 5 elections Offshore links of Malaysia's rich Malaysian politicians and their relatives have parked their wealth in offshore companies, while some of Indonesia's richest families have shifted money to these offshore havens ...

  9. Sport - Tennis - Connecticut Open

    Wozniacki and Bouchard upset in final US Open tune-up

    Posted Aug 21st 2014, 10:12am

    ... Associated Press Petra Kvitova only seed remaining in New Haven tournament Third-seeded Eugenie Bouchard of Canada and four-time champion Caroline Wozniacki of Denmark both suffered ... in the second set. “I think today the serve was the key and really consistent,” she said. It was the earliest exit at this tournament for the 24-year-old Dane, who has appeared in New Haven seven times. ...

  10. Business - Comment - MONITOR

    Early signs suggest new stamp duties haven't reined in prices

    Posted Jan 10th 2013, 12:00am by Tom Holland

    ... haven't reined in prices At the end of October, the Hong Kong government slapped a punitive 15 per cent stamp duty on all non-resident and corporate buyers of residential properties in an attempt ... time as tax rates on quick sales were jacked up, is having an appreciable effect. We can see that simply by looking at transaction volumes in the residential market. In November, immediately ...




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