04/06/2015
Rupert Murdoch's media empire in the US has siphoned off $4.5 billion of cash and shares from his Australian media businesses in the past two years, virtually tax free.
04/06/2015
The number of affected investors can rise substantially as assessments are still in progress and notices could be served in many more cases, taking the overall tax demand from them to well over $10 billion, sources told a news agency.
04/02/2015
HSBC customers in India suspected of tax evasion have been given 30 days to nominate a legal representative in Switzerland
04/02/2015
The federal government has previously hinted Australia will follow the ‘Diverted Profits Tax’ plan
04/01/2015
The tax discussion paper makes it clear tax concessions in superannuation will be a core part of the review into the tax system.
03/31/2015
A recently released discussion paper has found that Australia finds Bitcoin as becoming a threat to the country’s tax system.
03/29/2015
According to sources, HSBC has been asked by Indian authorities to show cause why action should not be initiated against it in case of non-cooperation with regard to "suspected tax evaders and offenders of tax crimes"
03/27/2015
Australian banks say they pay a significantly higher rate of corporate tax than their counterparts in the US, UK, Germany, Japan and Canada.
03/25/2015
Khazali said the banks had branches nationwide for efficient GST collection.
03/23/2015
The first of three test cases for the liquidator to claw back up to $3.8 million withdrawn from David Ross's massive Ponzi scheme has gone to court
03/23/2015
The total lock-up represents roughly 18 percent of Alibaba's shares, which if sold would fetch just over $37 billion at Friday's closing price.
03/20/2015
China amends its tax rules on indirect transfers of Chinese investments
03/20/2015
Hong Kong's Government has published in its Official Gazette the Inland Revenue (Amendment) Bill 2015, which would extend the profits tax exemption for offshore funds to private equity funds
03/19/2015
Income tax department to take closer look at bank accounts, property or stocks abroad
Next time, you will think twice before opening a bank account in Jersey or buying a property in London — even if the transaction is legitimate.
03/18/2015
Korea, US to exchange accountholder data
The NTS aims to collect 210.1 trillion won in tax revenue this year.
03/17/2015
Long perceived as a safe haven for unaccounted wealth, Switzerland has been facing international pressure
03/16/2015
The Australian government has published the latest draft of legislation intended to offer clarity over foreign investors' taxation exemptions. The move is expected to boost growth in the local fund management industry.
03/08/2015
The US has given India time till September 30 to put in place a framework to track down the assets that nationals of each country hold in the other nation without reporting to domestic tax authorities.
03/08/2015
Pakistan has begun chasing wealthy tax-dodgers who enjoy lives of extravagance and luxury, but revenue officials face huge challenges in trying to force the very richest -- and most influential -- to pay up
03/05/2015
Concerns rose over double taxation in China and Korea, and Korean investors were predicted to be affected, although taxation is rarely subject to backdating according to international practices.