17th February 2016
KUALA LUMPUR: Malaysian logging firm Rimbunan Hijau Group appears to be complicit in “massive tax evasion and financial misreporting” in Papua New Guinea, a US-based think tank says. Read More
17th February 2016
Brazilian authorities have frozen assets worth almost $50m belonging to football star Neymar da Silva Santos Junior over alleged tax evasion, local media has reported. Read More
16th February 2016
NAIROBI – Less than two weeks since it cleared former Devolution Cabinet Secretary Anne Waiguru of involvement in the theft of Sh791 million from the National Youth Service, the Ethics and Anti-Corruption has opened a fresh probe. Read More
16th February 2016
The voluntary disclosure program received 4,300 requests from taxpayers wishing to avoid legal sanctions for hiding assets. Read More
16th February 2016
The former accountant at the Nóos Institute testified on Tuesday that the sister of Spain’s King Felipe, Cristina de Borbón, had no active involvement in a real estate company that she co-owned with her husband and Nóos founder Iñaki Urdangarin, which is believed to have been used for diverting… Read More
16th February 2016
Following the ending of the consultation period on a number of proposed legislative changes, that were set out in Consultation Paper No. 104, the DFSA Board, after due consideration of consultees’ comments, made amendments to the DFSA Rulebook as described below. Please bear in mind that changes may have been made to the legislation originally proposed in the relevant consultation paper. Read More
16th February 2016
The EU Council will support only a “phased approach” to fighting corporate tax evasion focused on limited legislative proposals such as country-by-country reporting of multinational enterprises’ tax data, Eurogroup President and Dutch Finance Minister Jeroen Dijsselbloem said at an Economic and Financial Affairs Council meeting. Read More
16th February 2016
Weak mining exports, slowing agriculture output and the ongoing slump in commodity prices will likely drag Malaysia's fourth-quarter economic growth to its slowest in nearly three years. Read More
16th February 2016
Corruption scandals are taking a toll on Spain’s ruling Popular Party with some now even questioning its ability to govern the country. Read More
16th February 2016
January marked one of the worst starts to global financial markets in recent memory. Not surprisingly, the general mood at the World Economic Forum in Davos was one of anxiety and nervousness. Read More