Tax & Regulation | 25 Oct 12
tax avoidance probe being considered by uk mps
The House of Commons’ public accounts committee in the UK is considering an inquiry into international tax avoidance, according to a report in the Financial Times.
hk financial services sec wants lower mpf fees
Hong Kong’s Secretary for Financial Services and the Treasury Ceajer Chan Ka-keung has called on the mandatory provident fund scheme providers to cut fees further.
Tax & Regulation | 25 Oct 12
high profile culprits of 08 crisis jailed
Societe Generale’s high profile rogue trader Jerome Kerviel lost an appeal against fraud charges in France yesterday as across the pond ex-McKinsey and Goldman Sachs director Rajat Gupta was found guilty of feeding tips to a friend outside the firm.
Tax & Regulation | 24 Oct 12
report sees risk to global accounting
A long-running effort to bring US accounting rules into line with global standards that were created in 2005 may be at risk, after having slowed down recently over key areas of disagreement, a report by a party to the convergence effort has said.
world bank singapore hong kong and new zealand
Singapore, Hong Kong and New Zealand continue to be the easiest countries in the world to do business in, while local entrepreneurs in developing nations are finding it easier to do business than at any time in the last 10 years, according to the World Bank and IFC's latest Doing Business report.