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  1. Buyers' tax tips

    Posted Nov 30th 2011, 12:00am

    ... Profits from the sale of property is not taxable as it is a capital gain. But if a person is deemed to be trading in properties, gains from the sale become income and are taxable. Criteria to determine whether tax is due include frequency of transactions, ...

  2. Anger among taxpayers over threshold's delays

    Posted Sep 12th 2011, 12:00am

    ... Choi Chi-yuk chiyuk.choi@scmp.com Some regional taxation bureaus have been accused of violating the mainland's new personal income tax law, which this month raised the tax threshold ... the country to complain to the state-run broadcaster that their local taxation bureaus had overtaxed them by sticking to the 2,000-yuan threshold. The callers included residents of Shanghai, Tangshan ...

  3. Business - Companies - Tax

    Taxing technology

    Posted May 30th 2013, 12:00am by Reuters

    ... Reuters Some tech giants may be keeping one step ahead of the taxman, but they face a backlash that is hurting carefully crafted reputations Taxing technology For the giants of Silicon Valley, the fall from freedom's children to social pariah has bee ...

  4. Business - Banking & Finance - BANKING

    Swiss to let banks give client info to the US

    Posted May 30th 2013, 12:00am by Bloomberg

    ... Bloomberg in Geneva Swiss to let banks give client info to the US Switzerland is proposing a change to its banking laws that will let Swiss banks pass on information about US citizens to the United States tax authorities. The country has been in talks wit ...

  5. Tax break for rich Americans at work on mainland

    Posted Nov 21st 2004, 12:00am by Raymond Ma

    ... it because of the sheer complexity of the US taxation law system. 'I am a pretty sophisticated tax professional and I know what the rules are supposed to say, but it's still extremely ...

  6. Business - Money

    Plugging US tax loopholes

    Posted Aug 21st 2012, 12:00am by Mukul Munish

    ... Exchange of information made easier Plugging US tax loopholes The United States has issued the first of two highly anticipated model intergovernmental Foreign Account Tax Compliance Act (FATCA) partner agreements. The Model FATCA Partner Agreement eases t ...

  7. Comment - Insight & Opinion

    How they see it, January 6, 2013

    Posted Jan 06th 2013, 12:00am by AGENCIES

    ... The battle for agreement on the fiscal cliff deal HOW THEY SEE IT 2. 3. 1. 1. English.xinhuanet.com The Americans may be proud of their mature democracy, but the political gridlock in Washington really looks ugly from an outsider's view. For most peo ...

  8. News - World - UNITED STATES

    'Cliff' still looms as lawmakers go on holiday

    Posted Dec 23rd 2012, 12:00am by AFP

    ... Agence France-Presse in Washington President Obama calls for a stopgap bill to protect middle-class taxpayers 'Cliff' still looms as lawmakers go on holiday Democratic and Republican lawmakers mulled their next move yesterday as they left Washin ...

  9. News - World - UNITED STATES

    US Republicans soften stance on tax rises

    Posted Nov 28th 2012, 12:00am by BLOOM

    ... Bloomberg in Washington As the 'fiscal cliff' nears there is fresh hope of compromise but the Democrats also will face pressure for significant spending concessions Republicans soften stance on tax rises Converting post-election Republican talk ...

  10. Business - Economy - TALKING POINTS

    US economy: fiscal cliff or financial pothole?

    Posted Nov 26th 2012, 12:00am by Carl Berrisford

    ... Carl Berrisford moneypost@scmp.com Moment of truth for US economy In late 1999, the world went into a spin over Y2K, the millennium bug triggered by the arrival of the year 2000, threatening global chaos. In late 2012, investors have the "fiscal clif ...




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