01/27/2016

Taxman steps up Swiss account investigations

Since Australia’s tax treaty with Switzerland was amended at the end of 2014, the ATO has intensified its investigation into holdings in Swiss banks and other financial institutions.

01/27/2016

30 offshore tax evaders under probe

Some officials working for the country's top 30 conglomerates are reportedly expected to be investigated for tax evasion attempts; but the NTS didn't give the names of the conglomerates.

01/14/2016

Filipino ADB employees tax-exempt, CA affirms

BIR Commissioner Kim S. Jacinto-Henares told the Inquirer on Wednesday that the country’s biggest tax-collection agency will appeal the latest CA ruling before the Supreme Court.

01/13/2016

RBI, banks seek higher tax sops under 80C

Bankers said the ceiling should be enhanced, especially at a time when real interest rates (net of inflation) had turned positive after several years.