India tax evasion amnesty uncovers hidden billions
A tax evasion amnesty in India has prompted tens of thousands of people to declare more than $9.5bn (£7.3bn) in undeclared income and assets.
Finance minister Arun Jaitley said the four-month window that ended on Friday brought in 64,275 declarations....
The largest wealth transfer in history has already begun
Unhappy with your inheritance?
Then you might find it difficult to read this. Ultra high-net-worth individuals will transfer $3.9 trillion to the next generation by 2026, according to “Preparing for Tomorrow: A Report on...
Japan to tighten taxation rules on overseas dummy companies
The government will tighten taxation rules on dummy companies set up in foreign countries with low corporate tax rates in order to prevent tax avoidance, government sources said.
The new taxation rules call for imposing the nation’s corporate tax rate on ...
Tax change threatens close ties between India and Mauritius
by: Vanessa Houlder in Port Louis Revised treaty aims to restrict avoidance schemes
An imposing 12-storey building opposite the cathedral in the heart of Port Louis, the capital of Mauritius, is best known as the home of its stock exchange and ...
Belgium tries to fix one of Europe’s most skewed tax systems
by: Jim Brunsden and Rick Mertens in Brussels PM Charles Michel aims to rebalance system to support people on low to medium incomes
Belgium’s generous tax breaks for the wealthy are almost as famous as the country’s chocolate.
A combination of ...