Tax Court Orders Freeze on Pacquiao Bank Deposits

The Philippine Court of Tax Appeals has ordered a freeze on the bank deposits of boxing icon Manny “Pacman” Pacquiao for alleged failure to settle a tax evasion case totalling more than $55 million


Four tax havens join India in fight against stash funds

The Global Forum brings together 121 countries and jurisdictions for wide-ranging discussions on transparency and international tax co-operation, and is the largest such group worldwide. Its sixth meeting has brought together more than 200 delegates from


Here's why Cyprus is not happy with India

India's aggressive clampdown on possible tax evasion through the misuse of double tax avoidance treaties has taken its toll on the Mediterranean island nation.


Singapore Nears FATCA Agreement With US

FATCA, enacted by Congress in 2010, is intended to ensure that the US obtains information on accounts held abroad at foreign financial institutions by US persons.


Finance Min steps up measures against tax frauds

The Finance Ministry is stepping up national tax collection efficiency by supporting its three departments responsible for levy and collection of all direct taxes to cooperate in the prevention of tax frauds, evasion and avoidance.


Bahrain Approves Bill to Avoid Double Taxation with China

The bill was approved during the cabinet's regular weekly session, in which the concerned committee presented in its report that the draft law does not conflict with the constitution nor the laws and decrees of Bahrain.


PwC advises govt to revise tax structure, regulations

The Revenue Department should revise tax laws to promote investment and seek means to preserve cash within Thailand, such as by lowering trade barriers or supporting businesses wishing to invest abroad