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  1. News - World - FINANCE

    Global tax reform plan to crack down on tax avoidance is 'biggest in a century', OECD says

    Posted Sep 20th 2014, 02:45pm by AFP

    ... Agence France-Presse in Cairns OECD proposals seek to close international loopholes used by companies to avoid tax Global tax reform plan 'biggest in a century' OECD chief Angel Gurria yesterday handed the G20 recommendations on the biggest changes to international tax rules in more than a century in a bid to tackle corporate tax strategies that are costing countries ...

    http://www.scmp.com/news/world/article/1596776/g20-set-back-oecd-plan-tackle-global-tax-avoidance
  2. News - Hong Kong - POLITICS

    John Tsang calls for support on bill to exchange tax data

    Posted Sep 22nd 2014, 06:32am by JEFFIE LAM

    ... Jeffie Lam jeffie.lam@scmp.com Financial secretary appeals to pan-democrats to pass bill in spite of campaign of non-cooperation John Tsang wants support for bill to exchange tax data Financial Secretary John Tsang Chun-wah appealed for support for a bill he wants passed by 2016 to allow automatic exchanges of tax information with other governments, as pan-democrats threaten ...

    http://www.scmp.com/news/hong-kong/article/1597585/john-tsang-calls-protesting-pan-democrats-support-bill-automatic
  3. News - Hong Kong - COURTS

    Rafael Hui admits in corruption trial that he evaded taxes on 'fees'

    Posted Sep 20th 2014, 04:37am by Stuart Lau

    ... Stuart Lau stuart.lau@scmp.com Former chief secretary says he didn't report the money Kwoks paid him allegedly for information Rafael Hui admits evading taxes Rafael Hui Si-yan admitted in court yesterday that he had evaded taxes on income totalling HK$21.8 million, earned from Thomas Kwok Ping-kwong of Sun Hung Kai Properties, in the years before and during his term ...

    http://www.scmp.com/news/hong-kong/article/1596408/rafael-hui-admits-corruption-trial-he-evaded-taxes-bribes
  4. Comment - Letters

    Change way property is taxed to ease supply and prevent hoarding

    Posted Sep 18th 2014, 05:22am by LETTERS

    ... Change way property is taxed to ease supply and prevent hoarding Homes should be built and owned solely for people to live in and not as a means of making money, at least until ... social initiatives. The property inheritance tax abolished in 2006 under Donald Tsang Yam-kuen's administration should be brought back; perhaps at 25 per cent- in line with most developed ...

    http://www.scmp.com/comment/letters/article/1594903/change-way-property-taxed-ease-supply-and-prevent-hoarding
  5. Property - Hong Kong & China - TENDER

    MTR Corp's Tai Wai tender sweetened with cut in land tax

    Posted Sep 17th 2014, 05:52am by Sandy Li, Yvonne Liu

    ... Sandy Li and Yvonne Liu MTR's Tai Wai tender sweetened with land tax cut MTR Corp yesterday released the tender terms for the Tai Wai Station residential project as the land premium was cut to a level 18 per cent lower than two years ago in a bid to woo developers. Under the revised terms, sources said the Land Department cut the land tax to HK$10.36 billion, or HK$3,832 per ...

    http://www.scmp.com/property/hong-kong-china/article/1594185/mtr-corps-tai-wai-tender-sweetened-cut-land-tax
  6. News - World - UNITED STATES

    Rising US income inequality hits state tax revenue and threatens budgets

    Posted Sep 15th 2014, 10:17pm by AP

    ... Associated Press in Washington Richest 1 per cent are thriving, but they often shield much of their income from taxes Rising US wealth gap hits state revenue Income inequality is taking a toll on US state governments. The widening gap between the wealthiest Americans and everyone else has been matched by a slowdown in state tax revenue, according to a report being released ...

    http://www.scmp.com/news/world/article/1593297/rising-us-income-inequality-hits-state-tax-revenue-and-threatens-budgets
  7. News - World - WEALTH

    Belgium a 17b euro tax haven for France's richest entrepreneurs: report

    Posted Sep 15th 2014, 08:42pm by GDN

    ... The Guardian in Paris Belgium a tax haven for France's rich France's wealthiest entrepreneurs hold around €17 billion (HK$168 billion) in neighbouring Belgium where taxes ... it found that many more were either living in or setting up holding companies in Belgium, involving €17 billion in assets and investments. "Of course, nobody ever talks about tax evasion ...

    http://www.scmp.com/news/world/article/1593236/belgium-17b-euro-tax-haven-frances-richest-entrepreneurs-report
  8. News - World - CANADA

    Vancouver mayoral candidate Meena Wong proposes tax on vacant homes

    Posted Sep 12th 2014, 03:03pm by Ian Young

    ... Ian Young in Vancouver ian.young@scmp.com Meena Wong says wealthy absentees should pay surcharge in Vancouver Mayoral hopeful wants to tax vacant homes Hong Kong emigrant Meena Wong, who is striving to become Vancouver's first ethnic Chinese mayor, has called for part-time residents to pay for the privilege of leaving their expensive homes vacant in the city. Vancouver, in west ...

    http://www.scmp.com/news/world/article/1590864/vancouver-mayoral-candidate-meena-wong-proposes-tax-vacant-million-dollar
  9. Business - China Business - INVESTMENT

    Tax breaks no longer the best lure for business in Jing-Jin-Ji plan

    Posted Sep 10th 2014, 04:05am by Victoria Ruan

    ... Jing-Jin-Ji idea needs 'effective tax plan' The mainland should revamp its traditional way of luring business and investment through favourable taxes for the new, so-called "Jing-Jin-Ji" co-ordination plan seeking to link Beijing, Tianjin and Hebei's economies closer, experts say. Tax policy has played a crucial role in spurring growth in the past few decades ...

    http://www.scmp.com/business/economy/article/1589015/tax-breaks-no-longer-best-lure-business-jing-jin-ji-plan
  10. Business - Economy - ECONOMY

    Japan’s economy shrinks in second quarter as sales tax rise hits

    Posted Sep 08th 2014, 09:21am by Reuters

    ... Reuters in Tokyo Rise in sales tax blamed as economy contractsby 7.1 per cent,worse than initial estimates Japan GDP shrinks most in five years Japan's economy shrank an annualised 7.1 per cent in the April-June quarter, more than a preliminary estimate, underscoring concerns the hit from an April increase in the sales tax may have been bigger than expected. The revised ...

    http://www.scmp.com/business/economy/article/1587657/japans-economy-shrinks-second-quarter-sales-tax-rise-hits

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