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  • April 20, 2014
  • Last updated: 2:01pm
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  1. Business - China Business - REGULATION

    Tax crackdown reaping rewards in China

    Posted Dec 27th 2013, 02:27am by Toh Han Shih

    ... Administration of Taxation. "Tax avoidance by multinationals on the mainland is a serious problem, said Su, who is currently a tax consultant for multinationals in China. The huge increase ... getting increasingly complex and well-concealed SU XIAO LU, FORMER TAX OFFICIAL "The State Administration of Taxation has implemented various measures to detect and investigate avoidance ...

  2. Comment - Blogs - IMMIGRATION

    Exit strategy: Canada to target tax and visa cheats by tracking departures

    Posted Mar 19th 2014, 09:05am by Ian Young

    ... Ian Young in Vancouver ian.young@scmp.com Hong Kong and mainland Chinese immigrants be warned. This summer, Canada is plugging gaps in its border management that have allowed some of you to practice passport and taxation fraud. One of the more alarming facts highlighted by Canada’s ongoing crackdown on citizenship and so-called passports of convenience has been the failure ...

  3. News - Hong Kong

    Deficit in 15 years if status quo maintained in education, social welfare and health spending

    Posted Mar 03rd 2014, 06:54pm

    ... that the priorities on the revenue side are to preserve, stabilise and broaden the base. The government should avoid excessive reliance on direct taxation and enhance the tax regime to ensure that the tax ...

  4. Export-led growth to drive economy

    Posted Mar 24th 2014, 03:21pm by Nazvi Careem

    ... Nazvi Careem Country banks on US recovery to sustain stability. Reports by Nazvi Careem Malaysia's economy grew above expectations in the last quarter of 2013 and the outlook for this year is stable as long as the country is able to withstand internal and external factors, according to one analyst. Reining in federal spending and streamlining taxation for individuals ...

  5. Business - Economy - REGULATION

    China to step up international co-operation in fight against tax evasion

    Posted Jan 25th 2014, 05:29am by Toh Han Shih

    ... Administration of Taxation's website just days after the international focus on tax evasion and money laundering was intensified following revelations from the US-based International Consortium ... at an Organisation for Economic Co-operation and Development (OECD) taxation forum in Paris this week. He urged nations to improve their tax laws and tax collection. Sherie Ng, Hong Kong and Southeast Asia ...

  6. Business - Banking & Finance - BANKING

    Standard Chartered net profit declines 17pc

    Posted Mar 05th 2014, 06:51pm by KANIS LI

    ... Kanis Li kanis.li@scmp.com StanChart loses profit momentum Standard Chartered, the British bank which is heavily exposed in emerging markets, posted its first decline in earnings in a decade due to volatile financial markets and tough conditions in South Korea, with analysts warning the bank still faces challenges in 2014. Standard Chartered's profit before taxation ...

  7. News - Hong Kong - BUDGET

    Profits tax soars 64pc despite government's gloomy forecasts: SCMP research

    Posted Mar 04th 2014, 11:20am by Tanna Chong, Cedric Sam

    ... cent," he added. Currently, Hong Kong applies a standard profits tax rate of 16.5 per cent to all companies. The city has one of the world's simplest taxation systems, with the government ...

  8. Business - Economy - ECONOMY

    G20 targets jobs and investment push over 5 years

    Posted Feb 24th 2014, 04:27am by Reuters

    ... cent above the trajectory implied by current policies over the coming 5 years," the G20 statement said. On taxes, the G20 members agreed to develop stricter rules on cross-border taxation ...

  9. Lifestyle - Arts & Culture

    Art Fair Philippines points the way home

    Posted Mar 09th 2014, 04:11pm by John Batten

    ... for overseas-sourced art is its free-port status, liberal taxation and financial reporting environment. Many places in Asia, including the mainland and Japan, have stringent customs regulations on art. ...

  10. News - World - US POLITICS

    US ‘tea party’ celebrates fifth anniversary and plans poll impact

    Posted Feb 28th 2014, 08:48pm by AFP

    ... colonial defiance that served as a protest against taxation. But the movement has created a rift in the Republican Party. Its political stock tumbled in 2012 when some of its favoured candidates ...




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