Internal Revenue Service

18 May 2013

The ousted head of the United States tax agency apologised to Congress yesteday for his agency's tougher treatment of conservative as well as Tea Party groups seeking tax-exempt status, saying...

1:40AM

IRS chief sacked as Republicans try to blame White House for tax scandal

16 May 2013

The US's top tax official has been fired as President Barack Obama tries to stem a rising tide of criticism over the Internal Revenue Service's (IRS's) targeting of conservative groups for special...

3:37AM

US tax agency faces FBI investigation

16 May 2013

US Attorney General Eric Holder has ordered the FBI to open a criminal probe into a growing scandal over the Internal Revenue Service's targeting of conservative political groups for extra tax...

1:16AM

Scandals threaten Obama's second-term policy agenda

15 May 2013

It happened when the president had to interrupt his news conference with British Prime Minister David Cameron on Monday to answer questions about the widening investigation into the Benghazi...

3:30AM

Republicans outraged at tax scrutiny of US conservative political groups

14 May 2013

US Republican lawmakers have called for an investigation of the Internal Revenue Service's acknowledgement that its agents singled out conservative political groups for more scrutiny, and demanded...

12:28AM

Business Digest, February 14, 2013

14 Feb 2013

Bank of England governor Mervyn King said Britain faced more inflation and a muted economic recovery. "Inflation is likely to rise further in the near term and may remain above the 2 per cent...

4:53AM

Opinion

Tom Holland

Attempts to diversify China's reserves have been a disaster

4:45AM

Howard Winn

China is like the EU; provinces are its member states

5:26AM

Ex-Xinhua Finance CEO Loretta Fredy Bush signs plea deal

The former chief executive of Xinhua Finance, accused of joining a US$50 million insider trading scheme, signed a plea deal with prosecutors resulting in a single charge of conspiring to obstruct...

4:58AM

Long arm of the IRS

The United States Inland Revenue Service (IRS) is reopening its voluntary disclosure programme for US citizens and green-card holders living overseas. This includes US citizens living in Hong Kong...

6:20AM

Explanation needed

The case of Teresa Tse Yip Siao-bing, the former assistant director of information technology services who, it has been revealed, was sacked under a catch-all provision in the government's Public...

12:51AM

$45m bill for territory's top taxpayer

Hong Kong's biggest-paying individual taxpayer contributed $45 million to the Inland Revenue this year, the largest amount since 1997.

Authorities would not disclose details but the...

8:56PM

Acting chief 'shifted blame' in expat row

Acting Commissioner for Inland Revenue Elmo D'Souza misled the Legislative Council in the row over expatriates evading taxes, a Legco committee has found.

1:21PM

Tax return form bilingual

I refer to the letter headlined, 'Guess the taxpayer's language', which appeared in the South China Morning Post, on June 9, from 'Name and Address Supplied'.

12:11PM