Search Results for: VAT
PwC urges SME boosts, innovation in 2015 budget
December 1st, 2014
Measures to reduce the burdens of small and medium enterprises (SMEs), ease the risk of investing in intellectual property and lessen the strain on the old will help Singapore to lay the foundation for the next 50 years, the ...
SEC Charges HSBC’s Swiss Private Banking Unit With Providing Unregistered Services to U.S. Clients
November 26th, 2014
The Securities and Exchange Commission today charged HSBC’s Swiss-based private banking arm with violating federal securities laws by failing to register with the SEC before providing cross-border brokerage and investment advisory services to U.S. clients. HSBC Private Bank (Suisse) ...
Blackstone chases Buffett with ‘core’ private equity
November 19th, 2014
Blackstone Group LP has reached out to its biggest fund investors about investing in a new investment vehicle with a longer investment horizon than the typical 10-year private equity fund, according to people familiar with the matter. Dubbed “core” ...
Accountant arrested over suspected £2m VAT fraud
November 7th, 2014
An accountant is among four people arrested in dawn raids yesterday on suspicion of a £2.2m VAT fraud. The four men, three from Essex and one from Hertfordshire, allegedly set up an elaborate scheme of subcontractors within the civil ...
Philippines Responds To Businesses’ VAT Refund Concerns
November 7th, 2014
The Philippines tax authority has said that it will process value-added tax refund and credit claims within 120 days of an application, in response to an outcry from businesses about recent Revenue Memorandum Circular (RMC) No. 54-2014, which clarified ...
SEC probing private equity performance figures
October 29th, 2014
The U.S. Securities and Exchange Commission is examining how private equity firms report a key metric of their past performance when they market new funds to investors, as the regulator boosts its scrutiny of the industry, according to people ...
EU Value-Added Tax Reforms Closing The VAT Gap
October 27th, 2014
The European Commission has published its latest VAT Gap study, which shows that an estimated EUR177bn (USD223.9bn) in value-added tax (VAT) revenues was lost due to non-collection or non-compliance in 2012 – a figure equal to 16 percent of ...
Keystone Law sells £3.15m stake to private equity house
October 23rd, 2014
Dispersed firm Keystone Law has received a £3.15m cash injection from private equity house Root Capital in return for a 35 per cent stake in the firm’s shares. Root was founded by investor Simon Phillips in 2003. The funds ...
Risk of mega-fines holds back RBS privatisation
October 22nd, 2014
Bailed-outbank RBS is almost ready to be privatised, but the risk of major fines is stopping a large scale share sale, UK Financial Investments’ (UKFI) bosses told MPs yesterday. The government still owns 80 per cent of the bank ...
Private equity titans open cloistered world to smaller investors
October 21st, 2014
Seeing individual investors as untapped sources of capital, private equity firms are seeking to attract checks in the tens of thousands of dollars rather than in the hundreds of millions. For decades, David M. Rubenstein has persuaded big institutions ...
