A US law against tax evasion is likely to cost each financial institution in Hong Kong and on the mainland as much as US$100 million in compliance costs when it takes effect next year.Thursday, 16 February, 2012, 12:00am
On most topics, a columnist like yours truly gets a few responses at most, but write something naughty about the Catholic and Anglican churches and the faithful will, without fail, rally to the cause and put you in your place.20 Jan 2012 - 12:00am
The Beijing tax bureau agreed on Wednesday to review a 6.6 million yuan (HK$8.1 million) tax-evasion fine slapped on a firm related to artist Ai Weiwei - a penalty that many saw as an effort by authorities to stifle his activism.6 Jan 2012 - 12:00am
Dissident artist Ai Weiwei says he was coerced into depositing an 8.45 million yuan (HK$10.4 million) guarantee with the tax authorities to avoid being jailed over a big tax bill that he says is retaliation for his criticism of the central government.16 Nov 2011 - 12:00am
Dissident artist Ai Weiwei yesterday lashed out at Beijing tax authorities for hindering his efforts to appeal against his 15 million yuan (HK$18.36 million) tax bill, saying it was a ploy to force him to pay up and effectively admit tax evasion.15 Nov 2011 - 12:00am
Dissident artist Ai Weiwei says Beijing's tax office has demanded he pay 15 million yuan (HK$18.3 million) in back taxes and fines, in what he says is a reprisal for his criticism of the Communist Party.2 Nov 2011 - 12:00am
It looks possible, at the moment, that we will have a contested election for chief executive next March with two candidates from the pro-establishment camp hoping to take office in mid-2012.7 Oct 2011 - 12:00am
Ai Weiwei says charges of tax evasion levelled against him, as well as his release on bail, are excuses used by the mainland authorities to get out of the embarrassment created by arresting him in the first place.17 Jul 2011 - 12:00am
Artist-activist Ai Weiwei is being pursued for more than 12 million yuan (HK$14.4 million) in unpaid taxes and fines, according to a lawyer and friend.
Liu Xiaoyuan said Beijing's tax office had issued a notice to the FAKE Design company, where Ai's wife, Lu Qing , serves as legal representative, to pay the amount.29 Jun 2011 - 12:00am
The US Internal Revenue Service (IRS) plans to move against 'one or more banks' in its crackdown on offshore tax evasion this summer.
Steven Miller, the IRS deputy commissioner for services and enforcement, said the targeted banks were 'not limited to any geographic locale', and that taxpayers could expect more news 'in a month or so'.12 Jun 2011 - 12:00am
Fung shui master Tony Chan Chun-chuen has finally had his first taste of victory in court when a judge ruled in his favour, quashing the taxman's refusal to give him extra time to file an objection against a HK$330 million tax claim.2 Jun 2011 - 12:00am
In addition to reforming the individual income tax law (IIT), mainland authorities are expected to tighten tax collection to make it far more efficient and to prevent tax evasion.21 Apr 2011 - 12:00am
Jake, according to today's paper [Nov. 17], the HKSAR will make a surplus of over HK$70 billion this year. Can you explain in layman's terms what the government will do with this? With a surplus of this size, why should I pay my income tax?
E-mail from a reader21 Nov 2010 - 12:00am
The Aizhixing Institute, a prominent Aids advocacy group on the mainland, is facing a new round of investigations by the authorities, and Wan Yanhai - its founder, who recently left the country - fears its closure is imminent.21 May 2010 - 12:00am
Wealthy American citizens all over the world are a scared lot these days as the dreaded Internal Revenue Service (IRS) continues its drive to hunt for unreported wealth and wealth stashed away in tax havens.24 Nov 2009 - 12:00am