04/04/2014

Australian Taxation Office cracking down on offshore cash

WATCH out. The Australian Taxation Office is on an offshore treasure hunt, and it’s coming after you. That is, it’s coming after you if you happen to have earned some offshore income, or own foreign assets, which you have failed to report in p

03/26/2014

Hong Kong, USA Work Toward FATCA IGA

On March 25, Hong Kong and the United States signed a tax information exchange agreement, which will provide the necessary basis for Hong Kong to enter into an intergovernmental agreement to adhere to the United States' Foreign Account Tax Compliance

03/18/2014

Japan, Macao ink deal to share tax info

Japan and Macao have signed an agreement to allow them to exchange information in an effort to prevent international tax evasion and avoidance.

03/18/2014

Japan, Macao ink deal to share tax info

Japan and Macao have signed an agreement to allow them to exchange information in an effort to prevent international tax evasion and avoidance.

03/18/2014

It’s that time of year

As far as BIR Commissioner Kim Henares can remember, the one and only person who was ever found guilty of tax evasion by the courts did not spend a single day in prison.