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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 on information sharing. It came as the International Consortium of Investigative Journalists posted online a massive database of private offshore banking entities that could be used for tax evasion. ...

  2. It's time to pay your dues

    Posted Apr 14th 2008, 12:00am by Sophie Paine

    ... Money is written by Sophie Paine, who teaches students financial literacy at www.aandbmake3.com They are many types of taxes, depending on how they are collected, who pays them, how they are calculated and so on. Here are a few examples: Personal income tax: tax paid by individuals on the amount of money they have earned in a year (their revenues) Profit tax or corporate tax ...

  3. All In A Day's Work: Tracking tax dodgers

    Posted Jun 23rd 2007, 12:00am by tamara de guzman

    ... Tamara de Guzman Detective work is all part of Connie Chan Fung-kuen's job as senior tax assessor in the Field Audit and Investigation Unit at the Inland Revenue Department. My group deals with tax avoidance cases. I lead a section that consists of four teams of officers, and I'm responsible for the planning and control of work. I graduated from Hong Kong Polytechnic ...

  4. Business - Companies

    Recurring gains fall for hotelier Shangri-La

    Posted Aug 24th 2012, 12:00am by Peggy Sito

    ... its hotels in Tokyo and Paris had improved significantly. It booked an after-tax loss of US$8.1 million on its hotel operations in Japan, but that was better than the US$11.4 million in after-tax losses in the first half of last year. In France, after-tax losses were US$8.9 million, against after-tax losses of US$18.9 million a year earlier. But these cuts in losses were offset ...

  5. Perfect balance is a work in progress

    Posted Jul 22nd 2006, 12:00am by Robert Hanson

    ... and other parts of his life. As tax director at Grant Thornton who specialises in China tax, Mr To usually starts his day at 6am. He logs on to the internet to update himself on news items, recent articles and any developments relating to mainland tax. 'As a tax consultant, you have to keep closely in touch with technical papers and professional journals. You must be up to date to give ...

  6. 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 ...

  7. Critics doubt luxury tax will help to narrow wealth gap in Taiwan

    Posted Mar 18th 2011, 12:00am by Lawrence Chung

    ... Lawrence Chung in Taipei With the year-end legislative election and a presidential election next March, the Taiwanese government is pushing a controversial bill that would tax housing transactions and the purchase of private jets and other luxury items. A so-called luxury tax bill aims to contain skyrocketing property prices and reduce a widening income gap. Under the bill, already ...

  8. Business - Economy - GREECE

    Greece's slippery tax dodging professionals

    Posted Sep 17th 2012, 12:00am by GDN

    ... Phillip Inman The sums of all fears: tax dodging goes professional There is a good reason for Greece to stay in the euro: to combat corruption. The country is riddled with it, and needs ... their taxes, public-sector jobs are secured through family ties, and contracts for work are rarely signed without someone in a position of power asking for a backhander. As in Italy and Spain, bankers ...

  9. Beijing to expand tax reform trial

    Posted Jul 27th 2012, 12:00am

    ... Daniel Ren in Shanghai ren.wei@scmp.com The mainland will expand a value-added tax (VAT) reform trial next month despite complaints about incomplete preparatory work that has caused businesses to end up paying more taxes in Shanghai. The State Council said the trial conducted in Shanghai since the beginning of this year would be expanded to 10 more cities and provinces, ...

  10. News - Hong Kong - AGEING POPULATION

    Hong Kong faces same tough tax choices as Singapore, academic says

    Posted Aug 28th 2012, 12:00am by Olga Wong

    ... Olga Wong and Bloomberg Academic says shrinking labour force means either productivity or taxation must increase HK faces 'same tough tax choices as Singapore' Hong Kong faces the prospect of steadily rising taxes, just like Singapore, if it does not increase productivity in the face of an ageing population, an expert warns. Paul Yip Siu-fai, a professor in population policy ...




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