SA seeing ‘beginnings of a tax revolt’

2015-01-09 16:23

There’s a strong warning from the deputy CEO of the SA Institute of Tax Practitioners: He worries that the country is now experiencing the beginnings of a tax revolt.

Aus cracks whip on firms avoiding tax

2014-12-09 16:07

Australian tax officials are being embedded inside multinational corporations operating in the country to crack down on tax avoidance, says the treasurer.

$2trn growth plan tops G20 agenda

2014-11-15 13:03

The G20 has kicked off in Australia,with a plan to the boost global economy by $2 trillion topping agenda.

Foreign tax moves bedevils US

2014-08-18 11:28

The US government has grappled with corporate deals known as inversions in which US companies shift their tax domiciles abroad, avoiding US taxes.

Portugal fights against tax evasion

2014-04-04 13:46

A state lucky draw, offering fancy cars on invoices issued with individual taxpayer numbers, has firmly grabbed the attention of the Portuguese.

D&G owners go to jail over tax evasion

2013-06-20 12:31

Domenico Dolce and Stefano Gabbana have been handed a suspended prison sentence and a heavy fine for hiding hundreds of millions of euros from tax authorities.

EU to crackdown on tax evasion

2013-05-14 08:57

EU finance ministers have bid to unlock a trillion-euro annual crackdown on tax evasion, as pressure mounts to look for new measures to boost job creation and growth.

Dodging taxes 'second nature' in India

2013-04-03 11:02

Among India's top earners, dodging taxes has become second nature, forcing the country's cash-starved government to scrabble every year for revenue, say analysts.

AB Foods denies tax evasion claims

2013-02-11 08:02

Associated British Foods has denied any illegal activities aimed at avoiding tax after a charity said it moved profits out of Zambia to reduce its tax bill.

Indian tax officials raid Nokia

2013-01-08 14:08

Finnish phone maker Nokia's says Indian tax officials raided its production unit in the southern city of Chennai, for allegedly evading taxes.

UK cracks down on tax dodging firms

2012-11-13 08:15

In a bitter war of words British lawmakers have accused major multinational firms, including Google and Starbucks, of aggressive tax avoidance.

Sars: Large companies avoiding tax in SA

2012-05-08 15:26

The SA Revenue Service accuses large multinational firms of using complex transactions to illegally reduce local tax payments, costing the economy billions.

Sars to clamp down on tax dodgers

2012-04-16 14:49

The SA Revenue Service will set up a unit to ensure high net worth individuals become more tax compliant, says Finance Minister Pravin Gordhan.

Lib Dems target rich with 'tycoon tax'

2012-03-12 10:58

Britain's Liberal Democrats have proposed tougher taxes on the rich as part of the party's bid to regain flagging support.

Oldest Swiss bank victim of US tax probe

2012-01-27 15:11

Wegelin bank has had to sell its non-US business to shield it from fallout with US authorities as it faces a potential probe into assisting US taxpayers to hide assets.

Greece names and shames tax dodgers

2012-01-23 17:36

Greece's cash-strapped government has published a list of 4 000 of the country's top evaders as part of a bid to recover €60bn in unpaid taxes.

Regulator examines dictators' Swiss assets

2011-11-10 17:42

A Swiss financial regulator has found deficiencies in some banks when checking identities of potentially risky political clients and their assets.

SA signs multilateral tax evasion deal

2011-11-03 22:00

SA, together with 12 other countries will share information as part of an agreement to combat cross-border tax evasion.

Discretion and governance

2011-03-10 22:08

How the state's discretionary powers are wielded is significantly important, says Kader Asmal.

€25 000 for Maradona's earrings

2010-01-14 20:03

A pair of diamond earrings seized from football star Diego Maradona raised €25 000 at auction when they were sold by the Italian tax authorities.


Warning from Keith Engel: SA seeing ‘beginnings of a tax revolt’

2015-01-09 16:22

There’s a strong warning from the deputy CEO of the SA Institute of Tax Practitioners: he worries that the country is now experiencing 'the beginnings of a tax revolt'.

China to crack down on tax avoidance

2014-12-02 10:51

China will toughen its stance on tax avoidance by foreign firms to prevent tax payments being directed overseas, after Beijing levied $140m in back taxes.

NY regulator seeks $300m from Israeli Bank

2014-10-29 10:00

New York state's financial regulator is seeking more than $300m as part of a probe of whether the Israeli bank assisted US citizens in evading taxes.

Obama bars corporate tax evasion plan

2014-07-25 12:30

US President Barack Obama has hammered firms avoiding taxes by shifting their tax domiciles overseas and called on Congress to pass a bill to curb the practice.

Sars eyes R10bn from tax evaders

2014-02-23 18:07

The SA Revenue Service has in the past 10 years recovered, or is busy retrieving, an estimated R10bn in unpaid taxes from SA’s most notorious gangsters and tax evaders.

EU tackles tax evasion

2013-05-22 16:33

Tax cheats big and small have been under the microscope as the EU discussed tax evasion amid a fresh scandal involving Apple.

Cadbury accused of tax evasion

2013-03-06 08:16

Indian authorities have accused the local unit of chocolate giant Cadbury of evading $46m in taxes by pretending to produce sweets at a non-existent factory.

Investors to shun tax evading firms

2013-01-21 10:08

Growing anger at aggressive tax avoidance by big business has prompted ethical investors to consider shunning shares in companies that don't pay their share of tax.

Tax charges dropped against MTN Uganda

2012-12-13 18:05

Tax evasion charges against cellphone giant MTN Uganda have been dropped, the company says.

Swiss banks sweat tax fall-out

2012-08-12 15:30

Swiss banks hoping to atone for decades of complicity in tax evasion may be left to sweat it out for months as the US and Germany ponder the right punishment.

Vodafone in new £1bn UK tax 'scandal'

2012-06-26 13:45

The world’s largest cellphone firm, Vodafone Group, has shaved at least £1bn off the taxes its UK operating unit might have paid in the past decade.

Sars mum on probe of men linked to Malema

2012-04-23 12:12

The SA Revenue Service refuses to comment on reports that businessmen linked to Julius Malema are to appear before a secret judicial inquiry for suspected tax evasion.

Zuma warns on illegal capital outflows

2012-03-15 22:00

President Jacob Zuma says those evading tax and moving money illegally out of the country will be caught and punished.

Ex UBS trader faces trial

2012-01-30 15:01

Former UBS trader Kweku Adoboli has pleaded not guilty to fraud and false accounting and is in custody until his trial in September.

Romney unveils $6.2m tax bill for 2010/11

2012-01-24 16:56

Republican presidential candidate Mitt Romney has released tax returns showing he will pay $6.2m in taxes on $42.5m income for 2010/11.

Vodafone in UK tax probe

2011-11-22 17:02

A UK public spending watchdog is to hire outsiders to examine corporate tax settlements in inquiries into investment bank Goldman Sachs and mobile group Vodafone.

SA to host global tax forum

2011-11-10 10:55

South Africa will next year host the annual meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes, which tackles fraud and corruption.

Tax changes to curb dodging

2011-06-02 18:06

Changes to tax laws will include tougher measures to deal with avoidance while increasing the exemption limit for microbusinesses.

Sars to close another tax loophole

2010-08-04 16:22

SA has struck agreements with authorities in Ireland and Sweden to clamp down on local companies dodging tax responsibilities by transferring profits offshore.

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