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  • April 21, 2014
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  1. Business - Companies

    Former UBS banker finally gets his just rewards

    Posted Sep 13th 2012, 12:00am by Bloomberg

    ... banker who went to prison after telling the United States Internal Revenue Service how the bank helped thousands of Americans evade taxes, secured a whistle-blower award of US$104 million, ... on August 1. "The IRS sent 104 million messages to whistle-blowers around the world- that there is now a safe and secure way to report tax fraud," Birkenfeld's lawyer Stephen Kohn ...

  2. Appointments

    Posted Mar 28th 2009, 12:00am by Staff Reporter

    ... Bruce Claflin Chairman AMD Mr Claflin has 33 years of experience in senior positions with IBM, Digital Equipment and most recently as CEO and member of the board of directors of 3Com Corporation. Claudio Nardini General manager Sheraton Shenzhen Futian Ho ...

  3. Bank staff to face US tax scrutiny

    Posted May 01st 2011, 12:00am

    ... John Carney Just when you thought that the United States tax authorities had introduced more than enough regulations to catch banks involved in illegal financial activities in the city, US ... is the Foreign Account Tax Compliance Act (FATCA) and the other is a US Internal Revenue Service (IRS) tax amnesty launched two years ago, which will bring banks in the city under increasing scrutiny. ...

  4. Tax breaks can boost the MPF

    Posted Nov 12th 2010, 12:00am by Andrea Li

    ... but it will probably slow down once providers begin to enjoy critical mass,' she adds. 'Part of the reason why Australia's superannuation fund has been so successful can be attributed to tax ...

  5. Sponsorship battle looms

    Posted Nov 16th 2009, 12:00am by Alvin Sallay

    ... Alvin Sallay Banker UBS and watchmaker Omega could be in a two-way tussle to become the title sponsors of the next Hong Kong Open. Whispers that Omega wanted to return were rife yesterday, and it is widely believed that Swiss banking giant UBS, which had ...

  6. Crisis makes tax loans harder to come by

    Posted Oct 30th 2008, 12:00am by Celine Sun

    ... Celine Sun The middle class might find it more difficult to settle tax bills this year as the credit crunch forces banks and financial companies to raise interest rates for tax loans ... continues to go up. 'The rate for tax loans is very likely to be higher than last year, which is largely decided by the interbank rate at the time.' The company has set a reference monthly ...

  7. Success is in the mix

    Posted Nov 19th 2011, 12:00am

    ... Nick Walker Every study of so-called diversity and inclusion (D&I) programmes- whether in the East or in the West- have showed remarkably similar results: they yield significant benefits to job hunters, employers, as well as companies and their custom ...

  8. Tax breaks could spice up fund's appeal

    Posted Jul 29th 2008, 12:00am by Andrea Li

    ... to the scheme include offering tax incentives for voluntary contributions which are subject to salaries tax and raising the 5 per cent mandatory requirement contribution. 'For Australia's ...

  9. Law ends tax worries for offshore funds in HK

    Posted Mar 07th 2006, 12:00am by Staff Reporter

    ... Cameron Dueck Legal basis for exemption brings HK in line with rival Singapore but will not encourage more locally domiciled funds A new tax law passed by lawmakers last week has lifted ... tax on profits from transactions made in Hong Kong, had been in the works for two years. Previously, a lack of clear rules regarding the tax liability of unauthorised offshore funds left ...

  10. Mainland stocks rally on tax cut talk

    Posted Mar 21st 2008, 12:00am by Nick Westra

    ... Beijing would cut taxes on share trading helped equities recover from a brutal morning sell-off that saw the market drop 6.52 per cent. The Shanghai Composite Index fell to a low of 3,516.33 ... is still uncertain but many investors believe the bearish sentiment won't last long.' Speculation of a cut in stock trading taxes was the catalyst for the afternoon rally, with a source ...




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