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  1. 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 ...

  2. MAGICAL Monaco

    Posted Jul 08th 2011, 12:00am

    ... John Cremer Monaco has many claims to international fame, including its casino, grand prix, mega-yachts, tax haven status, Hollywood-style glamour and the palm-lined Avenue Princesse ... for investments that has no equivalent anywhere in the world,' says Massimiliano Ibba, managing director of the Agedi property agency. The local tax regime imposes no income, property, inheritance ...

  3. Boost for corporate tax-rate merger

    Posted Dec 23rd 2004, 12:00am by Cary Huang

    ... Cary Huang Unified levy supported for domestic and foreign banks The Ministry of Finance has pledged support for the merger of the two-tier corporate tax system for domestic and foreign ... this was the first time the ministry had responded to widespread calls from the domestic business sector urging a unified tax regime. The Economic Daily is an affiliate of the State Council, the mainland ...

  4. Selecting a haven in which to weather taxing times

    Posted Sep 06th 2009, 12:00am by Staff Reporter

    ... the United States, Canada, Australia and the UK. To varying degrees, all these have been affected by the credit crisis and either have or will raise taxes to levels that many think are confiscatory. ... to understand. As onshore countries increase taxes, more of their rich residents move away to escape them. So where is it possible to live tax-free? One of the most popular places is Monaco, which has ...

  5. 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 ...

  6. Americans in HK against revival of US bill targeting tax havens

    Posted Jun 22nd 2009, 12:00am by Dennis Eng

    ... Dennis Eng Americans living in Hong Kong may be targeted under proposed US legislation against tax havens as the Obama administration searches for sources of revenue to help fund its multitrillion-dollar budget. However, the Stop Tax Haven Abuse Act, proposed by Democratic senator Carl Levin, appears to be losing steam on Capitol Hill as the focus shifts to domestic issues. A delegation ...

  7. Hong Kong saved from tax-haven tag in final communique

    Posted Apr 04th 2009, 12:00am by Enoch Yiu

    ... the city declared a tax haven in the G20 final communique. That humiliation was apparently averted after President Hu Jintao refused to countenance the inclusion of a list of tax havens ... in the communiqu?. Hong Kong and fellow SAR Macau were ultimately not explicitly listed by the OECD as tax havens. Instead, they were mentioned in a fine-print notation as having merely committed ...

  8. Plan for tax-haven law prompts privacy fears

    Posted Apr 12th 2009, 12:00am by Enoch Yiu

    ... Enoch Yiu A proposed law change in the middle of this year may help Hong Kong avoid being labelled a tax haven, but individuals and companies are worried about privacy. The amendment ... Hong Kong was on the verge of being declared a tax haven at the recent Group of 20 summit in London. 'Many businesspeople come to Hong Kong as they like the low and simple tax regime here ...

  9. City has never been a tax haven, EU told

    Posted May 09th 2009, 12:00am by Chong Hiu-yeung

    ... Chong Hiu-yeung in London Hong Kong's financial services chief has stressed to the European Union that the city has never been a tax haven, following concerns raised at a global ... the government's intention to move an amendment to taxation laws to make it easier to share information with other tax jurisdictions. Concerns were raised at the Group of 20 summit in London last month ...

  10. Five costly tax mistakes that people make

    Posted Apr 08th 2007, 12:00am by Betty Liu

    ... Betty Liu How to keep taxman happy but ensure you don't pay too much with your return Someone told me the other day that taxes and interest rates are the pornography of a good financial newspaper. If that's the case, then brace yourself for a whole lot of sex in the next few paragraphs. Seriously folks, the tax season in Hong Kong is just starting and now is the time ...




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