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  • July 12, 2014
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  1. Business - Companies - TAXATION

    Firms face Hong Kong and US penalties for failure to register for Fatca

    Posted Jul 09th 2014, 05:19am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com Financial companies warned of double hit on fines if they do not register for US tax law Firms face HK and US penalties for Fatca failures Hong Kong financial institutions that failed to register for the Foreign Account T ...

  2. News - Hong Kong - ON SECOND THOUGHT

    This critique of capitalism hits the nail on the head

    Posted May 23rd 2014, 04:22am by PERRY LAM

    ... on capital. That is why progressive taxation- in particular taxation of wealth and inheritance- can make a real dent in inequality. He could be wrong. But let us start a debate on whether a wealth tax ...

  3. Business - Money - EQUITIES

    Cambodia's second listing highlights growing pains of frontier markets

    Posted Jun 18th 2014, 01:19am by Reuters

    ... opened for business in 2011. Brokers and investors in Cambodia said many firms were unwilling to commit to transparency by providing financial statements or to comply with taxation laws. Red tape ...

  4. Business - Money - TAXATION

    Profits tax low on a businessman’s list of concerns

    Posted Feb 18th 2014, 11:59am by Stephen Vines

    ... as a bunch of Scrooges, preoccupied by taxation and looking for ways to avoid paying their fair share of the tax burden. The thing about profits taxes is that they are not a tax on business ... they are running businesses; we'll come back to that later. But my point is that profits taxation is a rare example of a tax purely levied on the success of an enterprise. Hong Kong profits tax ...

  5. Business - Companies

    US firms criticised for tax avoidance

    Posted Jun 07th 2014, 01:14am by Reuters

    ... activity CTJ/PIRG REPORT Democratic Senator Ron Wyden, the US Senate's top tax law writer, said he will hold a hearing on corporate taxation in July, with a specific strategy likely ...

  6. Business - China Business - LUXURY CARS

    Mercedes less wary about sharing know-how in renewed China push

    Posted May 29th 2014, 01:40pm by Reuters

    ... China's progressive taxation thresholds. ...

  7. Comment - Letters

    Progressive policies allow Singapore to surpass Hong Kong

    Posted Apr 20th 2014, 05:33am by LETTERS

    ... is the lack of taxation; even Singapore and China have a goods and services tax and value added tax respectively. Our productivity gains are reflected in increased asset prices and not currency ... of trading off competitiveness to promote equality. This comes through income supplementation schemes, increasing employer CPF contributions and a more progressive taxation system. Our politicians ...

  8. Business - Companies

    The Irish loophole behind Apple’s low tax bill

    Posted May 22nd 2013, 10:30am by Reuters

    ... other countries’ tax legislation. Apple’s exact arrangements in Ireland have changed over the years. Up until 2004 or later, the three Apple companies were assessed for taxation in Ireland, ...

  9. Business - Companies - COMMENT

    A bit of civil disobedience won't overturn firms' calculations

    Posted Jun 04th 2014, 10:08am by Stephen Vines

    ... of the Obama administration declaring that the president is "anti-business" and imposing taxes (they are obsessed by taxation issues) that are squeezing businesses out of the country. ...

  10. Business - Banking & Finance - CORPORATE ADVICE

    DBS Bank eyes revenue growth from cash-flow advisory service

    Posted May 26th 2014, 05:06am by Jeanny Yu

    ... to repatriate. It occurs as a result of a number of factors, including foreign-exchange controls, capital requirements, restrictions on inter-company lending, and taxation on cross-border flows. ...




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