Search Results for: Tax
Global audit group Mazars appoints new tax partner
June 8th, 2016
MAZARS has appointed tax specialist Gary Collins as tax partner. He will be responsible for the tax offering across the East Midlands at Mazars, and will be based out of both the firm’s Leicester and Nottingham offices. Collins, who retired ...
Hong Kong Guides On Expanded Offshore Fund Tax Break
June 7th, 2016
Hong Kong’s Inland Revenue Department (IRD) has issued a new Interpretation and Practice Note No. 51 on the extension of the profits tax exemption for offshore funds to include offshore private equity funds. Under a legislative amendment to Hong ...
The Tiny Malaysian Island That Wants to Be a Tax Haven
June 3rd, 2016
In the secretive world of offshore tax havens, the tiny Malaysian island of Labuan is doing something curious: seeking the spotlight. Top executives of the Labuan International Business and Financial Centre have been on a tour of major cities ...
France seeks €356m in unpaid tax from Booking.com
June 2nd, 2016
French authorities are seeking €356m (£276m) in unpaid taxes from Booking.com, according to documents filed by parent company Priceline. Documents filed with US regulator said French authorities recently completed an audit of Booking.com’s accounts from 2003 to 2012. The ...
EU Approves Directive On CbC reporting of tax information
June 1st, 2016
On May 26, 2016, the Council of the European Union approved a Directive on the country-by-country (CbC) reporting of tax information by multinational corporations and automatic exchange of that information between EU tax authorities, which member states would be ...
Three key measures to fight tax evasion by multinationals
May 30th, 2016
One trillion euro is taken from the hands of citizens each year as a result of tax avoidance. That’s Euro 2000 per citizen. A large sum of money that won’t be invested in social security, education, job development or ...
5 Tax-saving Tips for Entrepreneurs
May 26th, 2016
Being employed at an organization doesn’t have the costs and risks that self-employment or entrepreneurship has. For most entrepreneurs, all those risks that could adversely affect your business or might eventually lead it into the right direction going forward. If you ...
Google’s French headquarters raided in tax probe
May 25th, 2016
French police have raided Google’s Paris offices as part of an investigation into “aggravated tax fraud” and money laundering. The raid is the latest regulatory headache for the US search engine and email company, which like other Silicon Valley ...
Athens Stock Exchange announced EUR1.9m net after tax profits
May 24th, 2016
The consolidated net after tax profits of the Athens Exchange Group amounted to EUR1.9m vs. EUR4.1m in the first quarter (Q1) of 2015, reduced by 54%. The net after tax profits per share, which include the securities valuation differences and related taxes, amounted to EUR0.02 vs. ...
Lebanon declared that Tax data to be shared with foreign states in 2018
May 23rd, 2016
Automatic exchange of financial account information to be handled by specialized agency Lebanon has declared its commitment to the international standard of automatic exchange of financial account information, which aims to combat tax evasion and avoidance, according to a ...
