04/14/2016
The leak of 11.5 million confidential offshore financial documents from Panamanian law office Mossack Fonseca offered tax authorities an unprecedented trove of data to delve into alleged wrongdoing.
04/14/2016
Participants from a number of countries - including members of the OECD and the G20 - exchanged views on the Panama Papers and explored mechanisms for co-operation.
04/14/2016
Labour and New Zealand First say former PwC chair John Shewan is the wrong person the lead the inquiry because he is too involved in the industry which he is being asked to review.
04/14/2016
The granddaughter of China’s then fourth-ranked politician was among dozens named in a vast cache of documents leaked from the Panama law firm that have given a glimpse into how the rich and powerful hide their money.
04/14/2016
It is also no coincidence that British territories over the past 75 years have dominated this offshore space
04/13/2016
Allows govt to impose 30% tax deduction at source on inflow from Cyprus
04/13/2016
At present, investors from Latvia and Hong Kong have to pay taxes in the other country in accordance with national tax legislation
04/12/2016
Secret documents leaked a week ago from Panamanian law firm Mossack Fonseca revealed a complex network of offshore entities set up by public figures to stash away their fortune for tax avoidance.
04/12/2016
SK Group, the nation’s third-largest conglomerate, has the most offshore companies in tax havens
04/12/2016
India and Maldives signed two agreements for exchange of information with respect to taxes, and for avoidance of double taxation of income derived from international air transport.
04/11/2016
Police in neighbouring Singapore, who are investigating allegations billions of dollars have been pillaged from 1MDB, have listed Mr Low as the beneficial owner of ADKMIC’s bank accounts.
04/11/2016
The leak of documents revealing the use of tax havens by world political leaders is sending shockwaves around the globe.
04/11/2016
New Zealand's government has appointed a tax expert to review its disclosure rules for foreign trusts and says it's open to considering changes.
04/10/2016
The Panama Papers were released earlier this week. The details were made public by the International Consortium of Investigative Journalists.
04/04/2016
The probe follows the reported leak of more than 11.5 million documents from the files of law firm Mossack Fonseca, based in the tax haven of Panama, revealing details of hundreds of thousands of clients.
03/30/2016
The companies set up in BVI in turn could be holding properties and other assets in London, Dubai and other places. Persons who are found guilty and are unable to obtain stay order from the High Court, can be arrested under the law in these cases. More su
03/29/2016
This double liability is often mitigated by tax treaties between countries.
03/24/2016
Brodjonegoro was quoted by media as saying the tax authority has identified 2,000 SPVs set up by Indonesian firms and 6,000 saving accounts in tax-haven countries.
03/24/2016
It was originally planned to be implemented in early 2016, to offer low tax rates to those who declare untaxed wealth.
03/22/2016
The laws require the Australian Taxation Office to publish the tax details of about 300 of Australia's wealthiest private companies with revenue of $200 million or more.