Tags » Taxation

TAXATION: US EXTENDS EFFORT TO TACKLE OFFSHORE TAX EVASION

The introduction of FATCA has provided the US government with greater access to information about individual taxpayers on a global scale, adding to the information that the US has already gathered as a result of its voluntary disclosure programs for individuals. 1,840 more words

Amchamhk

Law: FAQs about FATCA

The Hong Kong Financial Services and the Treasury Bureau provides answers to a number of frequently asked questions regarding the implementation of the US Foreign Account Tax Compliance Act (FATCA) – a law requiring foreign financial institutions to identify and disclose information about their US clients – and how the intergovernmental agreement (IGA) signed between Hong Kong and the US can facilitate due diligence and disclosure requirements… 1,259 more words

Amchamhk

On Corporate Taxes

What is a fair corporate tax?

It’s a hot political topic, but one loaded with a tremendous amount of mis-information. On the left, it’s common to cite “loopholes” which allow corporations to “offsh… 143 more words

Taxation

Should the tampon tax be abolished?

Apologies for an extended period of radio silence. I’ve been writing a novel and short stories that use storytelling to educate readers about environmental and social issues, such as homelessness and menstruation. 251 more words

Politics

Panama Papers and Africa

https://www.theguardian.com/world/2016/jul/25/panama-papers-reveal-scale-of-offshore-firms-african-operations

Quote…”The offshore industry has long protested against the charge that it facilitates the theft of Africa’s natural resources. A report published in 2014 by a lobbying group for Jersey’s financial services sector argued that tax havens facilitated efficient investment in the developing world, a claim that has been echoed by a US group that lobbies in favour of tax havens.” 298 more words