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tax

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HSBC accused of incompetence by MPs in tax scandal

10/03/2015(0)
HSBC executives have been accused by MPs of incompetence for saying they were unaware of tax evasion activities in their Swiss private bank. Chris Meares, the ex-head of HSBC’s private ... Read More
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Barbados And Cyprus To Negotiate DTA

09/03/2015(0)
Barbados and Cyprus have announced that they are to begin negotiating a double taxation agreement (DTA) to strengthen economic relations between the two territories. Barbados Prime Minister Freundel Stuart ... Read More
BDO

UK – Offshore Tax Disclosures – Use The LDF while you can

09/03/2015(0)
Tax authorities around the globe are increasingly working together to fight tax evasion and aggressive tax avoidance to collect more tax. ... Read More
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Russia Looks to Squeeze More Tax From Google — Report

09/03/2015(0)
Russia is considering a move to raise taxes on international Internet company Google, business daily Vedomosti reported Friday citing unnamed government sources. The issue was discussed at a meeting initiated by former Communications Minister and Kremlin ... Read More
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Robo-Audit: The IRS Finds a New Way to Check Tax Returns

06/03/2015(0)
In prepared remarks before the New York State Bar Association Section of Taxation on February 24, 2015, IRS Commissioner John Koskinen noted that with the IRS budget falling by ... Read More
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Indirect tax rates continue to soar across the globe as governments devise new levies

03/03/2015(0)
Value-added tax (VAT) rates surge to a high of 21.6% in EU Member States More countries levying VAT, particularly in emerging markets Governments introduce new taxes on health products ... Read More
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China Said to Tax Past Capital Gains by International Funds

27/02/2015(0)
China plans to collect capital gains taxes from foreign money managers that invested in mainland markets during the five years through November 2014, a move that may compel funds ... Read More
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KPMG names William O’Mara global head of audit

26/02/2015(0)
Audit, tax and accounting firm KPMG appointed William O’Mara as global head of audit, effective March 1. He succeeds Larry Bradley who led the practice since 2013, the company ... Read More
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Accountants could face tax evasion charges

25/02/2015(0)
The chief secretary to the Treasury, Danny Alexander, has called for organisations including accountants, to be prosecuted if they facilitate tax evasion by their clients. The Lib-Dem minister wants to ... Read More
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HSBC bosses to answer MPs’ questions

25/02/2015(0)
The chairman and chief executive of HSBC will appear before a panel of MPs today to answer questions about a tax scandal at the banking giant. Chairman Douglas Flint ... Read More
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