01/22/2015
Searching Black money is like peeling onion
The issue of Indians hoarding black money in Swiss Bank and in other tax havens has been a political issue for so many years.
Tax
01/18/2015
U.S. and China Team Up to Launch Global Tax System
In the world of offshore asset protection and personal finance, you regularly come across the claim that there are only two countries that actively tax their residents’ worldwide income: the United States and Eritrea.
01/15/2015
ATO clamps down on super rich tax dodge
It identified over $300 million in untaxed liabilities and recovered $105 million.
12/30/2014
Over 1,000 entities under scanner as Sebi widens tax evasion, money laundering probe
Sebi is focussing on securities market related violations by these individuals and companies
12/29/2014
Tax amnesty for firms with big foreign funds?
A leading business lobby with strong ties to the administration of President Joko Widodo has called for a tax amnesty
12/29/2014
Tax amnesty for firms with big foreign funds?
The government still maintains a list of the companies and individuals that fled with the money, and has prosecuted only a handful.
12/24/2014
The Less Taxing Way Asia’s Rich Invest in ETFs
European-listed ETFs are popular with Asian investors wanting to avoid tax headaches.
12/19/2014
Taiwan-Austria double taxation avoidance pact to take effect Jan. 1
After Austria finishes its final legal procedures, "the agreement is set to take effect Jan. 1, 2015," he said at a regular news conference.
12/17/2014
Govt renegotiating tax treaties to curb illicit wealth flows
The comments come at a time when the Supreme Court- constituted Special Investigation Team (SIT) has detected funds
12/17/2014
CVC chairman in tax haven dispute
Tax experts are expected to watch the ruling, saying it may have implications for global technology companies that book revenue offshore even though sales take place in Australia.
12/16/2014
RI, Singapore step up tax-compliance efforts
Indonesia and Singapore have expressed a commitment to intensify taxation-information exchanges to counter cross-border tax evasion and tax avoidance
12/16/2014
Singapore, Indonesia to strengthen cooperation on sharing tax information
The updated agreement aims to further promote investment and trade flows
12/15/2014
Make tax evasion serious crime for black money information: SIT chief -
India is seeking cooperation from a number of foreign jurisdictions, including Switzerland, in cases of suspected black money, but its requests have been turned down in maximum number of such instances as tax evasion is not dealt under strict criminal law
12/15/2014
PH steps up campaign vs cross-border tax evaders
The Philippines and 14 other developing countries have started to beef up efforts aimed at plugging tax leaks across borders under the auspices of a project spearheaded by the Organization for Economic Cooperation and Development
12/15/2014
Make tax evasion serious crime for black money info: SIT chief MB Shah
Tax evasion needs to be made a serious 'criminal offence' to force foreign countries to reveal names and account details of Indians stashing illicit wealth abroad, the Special Investigation Team on black money has said.
12/15/2014
Indian Americans' global assets under tax lens; India may soon become a signatory to US law
It was more than a statement — the newborn would be an American citizen and enjoy the privileges that came with it.
12/12/2014
UAE and Hong Kong sign final agreement to avoid double taxation on income
The UAE signed today the final agreement for the avoidance of double taxation on income with Hong Kong, during a meeting between businessmen and commercial banks from both parties in Dubai.
12/12/2014
India Amplifies Compliance Norms for Wealth Tax Purposes
In a recent development, the compliance norms for wealth tax purposes in India have been amplified.
12/11/2014
ATO set for new data and analytics strategy
The Australian Taxation Office (ATO) is set to kick off its new data and analytics program next year, with the aim of better targeting tax cheats while maximising resources by making the most of its data and collaborating with other departments.
12/10/2014
Only half of NZ's most wealthy paying top tax rate
Some of New Zealand's wealthiest people are paying hardly any tax at all.