10/19/2013
Tax and transfer pricing: Issues in Asia
Multinational banks, asset managers and insurers active across the Asia-Pacific region face particular challenges in demonstrating compliance and agreeing acceptable arrangements
Tax
10/15/2013
The IMF Lays The Groundwork For Global Wealth Confiscation
The International Monetary Fund quietly dropped a bomb in its October Fiscal Monitor Report
10/10/2013
Australia Defies Cayman Court Ruling
An Australian court has defied a Cayman judgment that tax information unlawfully handed over by the Cayman Islands Tax Information Authority should be returned and not used in Australian tax evasion proceedings.
10/09/2013
Philippines woman's 'Money bath' pic catches tax man's eye amid corruption scandal
The corruption scandal prompted thousands to march in the streets in massive rallies against graft.
10/08/2013
Tax Evasion Tops Corporate Graft Portfolio, TDRI Finds
SET listings, new govt unit urged as steps to end corruption, meet hears
10/08/2013
Tax Officials Connived with Radia for Massive Tax Evasion: CBI to SC
Some of the Income Tax department officials helped the former corporate lobbyist in fudging some documents to evade taxes worth hundreds of crores.
10/08/2013
G20: Charity Appeals For Tax Action
Assistance for developing countries to alleviate tax evasion remains high on the agenda for NGOs
10/07/2013
Hong Kong Seeks Agreement With US over FATCA
The Securities and Futures Commission has confirmed Hong Kong is one of 80 countries globally currently in negotiations with the US over its controversial FATCA law.
10/06/2013
Customs office uncovers over 1 tln won of illegal offshore foreign transactions
The Korea Customs Service launched an investigation into the outflow of wealth through illegal foreign currency transactions
10/06/2013
Prosecutors Take Over Hyosung Tax Probe Data From Tax Authority
The Seoul prosecution on Monday obtained a local tax office's probe data on Hyosung Group for further investigation into allegations that the country's 26th largest conglomerate evaded a massive amount of taxes
10/01/2013
Korea's State Prosecutors Launch Probe into Hyosung Group's tax evasion scheme
A Private report from Korea Ratings Corporation says top Korean conglomerates Doosan, Dongbu and Hanjin Groups may face cash shortages due to heavy debts and sluggish earnings in recent years.
09/29/2013
Australian Govt Backs Away From Offshore Tax Reforms
The Coalition Government will not proceed with changes to the use of low-tax offshore entities by banks to reduce tax bills proposed under the former Labor government
09/29/2013
Top Philippine lawmaker faces tax evasion probe
His father was the first sitting Philippine president to be convicted for plunder
09/24/2013
Pakistan government decides to renegotiate with Switzerland
This decision has been taken at a time when the government is expediting its efforts to pursue money laundering cases
09/24/2013
S. Korea and other G20 countries target overseas tax havens
At recent summit in Russia, member states agree to exchange information on tax evasion to increase tax revenue
09/11/2013
Submission of wealth statement, settlement of ISL: PTBA terms PRAL's restriction unlawful
Pakistan Tax Bar Association on Wednesday termed the restriction imposed by Pakistan Revenue Automation Limited to submit wealth statement and settlement of Income Support Levy liability before filing of income tax returns unlawful.
09/07/2013
SEBI Inks Info-Exchange Pacts with 31 European Regulators
For a greater oversight of hedge funds and other Alternative Investment Funds (AIFs) with cross-border presence, SEBI has reached regulatory cooperation and information exchange pacts with its counterparts in 31 European countries.
09/05/2013
New Zealand Taking Tough Stance On Tax Evasion
The New Zealand Inland Revenue Department has warned that it will continue with its "zero tolerance" approach to tax evasion
09/04/2013
G20 summit: states chase tax evaders with plan to swap data globally
New treaties will require financial institutions to automatically disclose customer assets to overseas tax bodies
09/04/2013
OECD's Gurría presents G20 Leaders with proposal to tackle tax evasion
OECD Secretary-General Angel Gurría today presented to G20 Leaders ground-breaking proposals to tackle tax evasion and avoidance by both companies and individuals.