10/15/2015
Wealth of examples on both sides for the tax-haven attack dogs
Bill Shorten won’t like to hear it, but some of his private wealth is being held by a fund with a registered trust in the Cayman Islands.
10/15/2015
Bill Shorten won’t like to hear it, but some of his private wealth is being held by a fund with a registered trust in the Cayman Islands.
10/07/2015
The ease with which such information about the family's wealth and address details can be obtained...makes it obvious there will be no threat to the personal safety of people like the Teys family
10/06/2015
India has 96 double taxation avoidance treaties with other countries and 14 bilateral information exchange pacts
10/06/2015
It released a package of measures designed to help governments plug gaps in international rules "that allow corporate profits to disappear or be artificially shifted to low/no tax environments, where little or no economic activity takes place
10/06/2015
Nomura still believes the world’s second largest economy will be able scrape through 6.8% growth this year based on data for the first nine months of year.
10/05/2015
He’s a one-time electronics entrepreneur whose net worth was once $50 million.
10/05/2015
Reforms to the international tax system for curbing avoidance by multinational enterprises
10/01/2015
India has sent the first set of information about Americans holding financial assets in India to the US revenue authorities
10/01/2015
The law provides for a compliance window for declaring and paying penalty and a failure to meet the timeline will attract an additional penalty of 90 percent for a total tax liability of 120 percent on the quantum of black money stashed abroad.
09/30/2015
automatic sharing of information on bank accounts as well as financial products such as equities, mutual funds and insurance
09/30/2015
Government has clarified that all those declaring overseas assets during the black money compliance window will not face any penalty or prosecution under FEMA and four other laws.
09/28/2015
The OECD will release the final package of measures for a co-ordinated international approach to reform the international tax system under the OECD/G20 Base Erosion and Profit Shifting (BEPS) Project on Monday 5 October 2015.
09/25/2015
Accidental Americans can include individuals like this future daughter-in-law who never thought of herself as American, as well as Green Card holders who let this authorization to live and work in the U.S. lapse.
09/25/2015
Thousands of Australians head offshore each year to expand their horizons and a lucky few will fund their adventure by working overseas.
09/25/2015
Traditionally, information about an individual or business has been sent from one tax authority to another on request
09/24/2015
A Senate hearing on Tuesday into the tax transparency amendment bill was told that the Australian Federal Police were never asked to assess the risk.
09/24/2015
In a recent speech, Odier noted that Switzerland has taken the necessary domestic legislative measures to conform with new international standards on tax compliance.
09/23/2015
The ATO is committed to ensuring that taxpayers are disclosing their offshore income
09/22/2015
AUSTRALIA'S tax system has been likened to a "giant Swiss cheese" full of holes through which the rich are able to funnel their income.
09/20/2015
Capital market regulator Sebi was so far focusing on trades during the fiscal years 2013-14 and 2014-15 in its fight against misuse of stock market platform for tax evasion and laundering of illicit funds.