05/15/2015
Fight against black money: Swiss get 1,500 help requests a yr
The issue assumes significance for India, as it has been probing various cases of people having allegedly stashed illicit funds in Swiss banks.
Tax
05/15/2015
Australia Consults On 'Netflix Tax'
The Australian Treasury has launched a consultation on draft legislation
05/14/2015
Not all corporate tax avoiders will be snared by new rules
The second of the proposed changes are new laws to be included in Australia’s general anti-avoidance provision.
05/13/2015
Glencore reveals it's being audited by ATO over taxes
The Swiss-based mining giant revealed it was being investigated by the ATO in its response to questions from the Senate inquiry into corporate tax avoidance.
05/13/2015
Tax avoidance laws an ‘opportunistic grab’: expert
"I think it's going to backfire," says RSM Bird Cameron's Craig Cooper
05/12/2015
Australia to Crack Down on Corporate Tax Avoidance
On the eve of the budget, Treasurer Joe Hockey says government will target multinational firms that have shielded profits overseas
05/12/2015
China Clarifies Tax Treatment of Indirect Asset Transfers
The Chinese government has been paying close attention recently to the effects of offshore entities having ownership or control of Chinese companies or assets
05/11/2015
Treasurer Joe Hockey outlines plans for tax avoidance crackdown
Treasurer Joe Hockey has revealed details of his multinational tax avoidance crackdown and a plan to force companies selling digital products to pay the GST
05/07/2015
AMP reassures shareholders about tax
Wealth management giant AMP has told its shareholders that it's not aggressively avoiding tax
05/06/2015
Government to Study Court Stay Order on Foreign Investors MAT Levy
The Income Tax Department on Tuesday said it will study the Bombay High Court's order before taking a view on the matter
05/05/2015
Australia: Taskforce to tackle multinational tax evaders
Treasurer Joe Hockey will today unveil a new taskforce to tackle organised and serious financial crime including tax evasion
05/05/2015
Bombay court stays tax claim against Aberdeen Asset
Although the amount demanded of Aberdeen is relatively small, an official at the London-listed company had told Reuters on Monday it had gone on with the challenge because it believed the claim was unfair.
05/04/2015
Oz housing tax move eyed up in NZ
Foreigners buying houses in the Australian state of Victoria will be subject to two new taxes as the state government tries to cool the rising property market.
05/04/2015
Australia: Tax overhaul needs to end inequities
The nation needs to talk about tax. That’s not a new proposition. Every incoming government seems to think it’s a good idea to conduct endless reviews, and the tax system is often at the top of the list.
05/04/2015
Tax the rich and save the budget $19.5b a year, The Australia Institute urges
New economic modelling by the institute, ahead of next week's federal budget, found the majority of the savings from such changes would come from high-income households.
05/04/2015
CBDT forms data security panel before FATCA deal with US
he CBDT has constituted a high- level committee to secure confidential tax data
05/03/2015
BIR to appeal decision halting rule on banks’ tax deductions
The policy of the Bureau of Internal Revenue is to bring the case all the way to the higher courts
04/30/2015
Singapore's government says it's not a tax haven, it's a value-adding hub
Singapore is not a tax haven, it's a value-adding hub
04/30/2015
US will support Guinea-Bissau in the improvement of the tax system
The minister said that this mini-conference would provide great opportunities to discuss specific development plans
04/30/2015
Govt, FIIs agree to seek fast-tracking of MAT case
The government and foreign institutional investors — which have been contesting income tax department's minimum alternate tax demand — have mutually agreed to seek fast-tracking of the dispute, which is now in the Supreme Court