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
Tax
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
04/27/2015
Dalal Street ahead: Muted Q4 earnings, worries over MAT to keep markets choppy in following week
Analysts fear that Nifty, which is close to its 200-day moving average (DMA), may slip to 8,000 if it breaches 8,250 — a crucial support zone.
04/27/2015
US tax system drives digital game playing
US Treasury, Australian officials and tax experts around the world can at least agree on the root cause, even if they are poles apart on the solution.
04/24/2015
Consultation on Automatic Exchange of Financial Account Information in Tax Matters in HK launched
On the basis of the Organisation for Economic Cooperation and Development standard promulgated in July 2014, the Government has drawn up proposals to apply the AEOI requirements to Hong Kong through legislation.
04/24/2015
Taking the Mauritius route may ease tax woes for FIIs
According to sources, while foreign investors paying capital gains tax in their home nations will not be subject to 20% MAT
04/24/2015
India seeks to calm foreign investor jitters over retrospective taxation
Senior Indian finance ministry officials have sought to calm a tax row, promising foreign investors a favourable environment
04/22/2015
Tax chief Chris Jordan disputes executives’ avoidance testimony
Mr Jordan said Apple was being specifically investigated over billions in revenue
04/20/2015
Australia reaches tax loophole crackdown deal with UK
Australia and the UK have reached a deal aimed at helping tackle profit-shifting practices by multinational companies, such as Apple, Google, and Microsoft
04/20/2015
Banks accused BIR of violating court TRO
BANKS accused the Bureau of Internal Revenue of still issuing assessment notices despite a restraining order issued by the Makati City Regional Trial Court against the implementation of its rule restricting deductions that can be made to arrive at taxabl
04/20/2015
Tax rules for expats could hurt Make in India: Experts
The tax troubles of these people over foreign assets and stock options acquired long before their India stint could hurt the Make in India campaign and make it more challenging to do business here, they feel.
04/18/2015
Taxing issues: Evasion and digital economy
Tackling tax evasion and dealing with the fast-growing digital economy were top of the agenda at a conference on taxation yesterday.
04/17/2015
Capital gains tax, Auckland property tax get thumbs down
A leading economist is warning that cooling the Auckland housing market by imposing a capital gains tax could be devastating for other parts of the country.
04/15/2015
US targets tax evaders in Asia with HK investigators
The stationing of US tax investigators in its Hong Kong consulate signals that America's hunt for taxation evaders has moved to Asia, following years of probes and fines in Europe.
04/15/2015
Narendra Modi must tame the turbulent tax system in India
Capricious corporate taxation risks holding back the quest for growth
04/15/2015
One in three rich people and private companies targeted by ATO
The ATO wants to beat its 2013-14 rate of raising $1.1 billion in liabilities from high-wealth individuals
04/14/2015
Bangladesh: NBR finds 10,152 rich taxpayers
The surcharge on wealth was applicable in two slabs until last fiscal year
04/14/2015
ICI Global raises regional passport tax concerns
The association has pointed out that tax issues could present serious challenges for funds distributed cross border
04/14/2015
The long arm of India’s tax authorities
No one likes to see a tax demand dropping silently on to the doormat
04/13/2015
IRS, BIR in talks over implementation of US tax rule
Fatca, which became law in the US in 2010, “targets tax noncompliance by US taxpayers with foreign accounts,” the IRS noted on its website.