05/05/2014
Australia has begun sharing intelligence with five countries to help target tax avoidance by multinational technology companies, which it says is costing Canberra more than $1bn a year in lost revenue.
05/02/2014
India has strongly objected to Switzerland’s denial of information about account details of certain Indians at HSBC’s Swiss bank branches, in whose cases “incriminating evidence of tax evasion” have been found here.
05/01/2014
Retail incentives handed out to car buyers will now be subject to controversial tax
04/30/2014
A three-year-old judgment followed by repeated coaxing by the Supreme Court made the Centre disclose all 26 Indian account holders in LGT Bank in Liechtenstein along with details of money in their accounts, which was supplied in 2008 by Germany to India.
04/29/2014
Indians residing in America might, from July, find it tough to invest in products offered by the Indian mutual fund sector.
04/28/2014
The government has so far taken the plea
04/28/2014
The DTA is intended to boost cross-border trade and investment between Singapore and Barbados by providing greater clarity on both parties' taxing rights to ensure that double taxation does not occur.
04/28/2014
Australia signed a tax-information sharing agreement with the U.S. Treasury Department on Monday ahead of a new U.S. law that will crack down on offshore tax avoidance.
04/24/2014
KMPG says a debate is needed
04/23/2014
The Cabinet had given its approval for renegotiating Pakistan-Switzerland Avoidance of Double Taxation Agreement.
04/22/2014
KPMG noted that doing nothing about fiscal drag would exacerbate the problem
04/22/2014
KPMG noted that doing nothing about fiscal drag would exacerbate the problem
04/14/2014
Taiwan is the only country in the world which is not signing a pact
04/08/2014
They will get it from London-based hedge fund manager Michael Hintze.
04/08/2014
As part of India’s approach to restrict offshore tax evasion and promote foreign investment, the Finance Ministry has recently opened seven new Income Tax Overseas Units in seven countries, including France, Germany, Japan, Netherlands, UAE, UK and
04/07/2014
The number of women employed in Japan grew by 470,000 last year to 27 million - the biggest increase since 1991
04/06/2014
Two high-profile executives arrested
The two arrested high-profile executives of an international IT giant would be spending the next 3 to 4 days in Central Adiala Jail Rawalpindi after they were given in judicial remand.
04/04/2014
WATCH out. The Australian Taxation Office is on an offshore treasure hunt, and it’s coming after you. That is, it’s coming after you if you happen to have earned some offshore income, or own foreign assets, which you have failed to report in p
04/03/2014
Moves by the previous government to crack down on the use of OBUs, which had already been delayed, were watered down the same day and further delayed in January.
04/03/2014
Market watchdogs around the world are looking closely at traders' behavior