May 26, 2010
The Greek Government has set out to deliver vast improvements to the integrity of its national tax administration department. The efforts have been initiated with the investigations and dismissal of employees suspected of tax evasion, corruption, smuggling, and other illegal activity. On May 25th the Finance Ministry of Greece announced a set of sweeping investigations [...]
The Greek Government has set out to deliver vast improvements to the integrity of its national tax administration department. The efforts have been initiated with the investigations and dismissal of employees suspected of tax evasion, corruption, smuggling, and other illegal activity.
On May 25th the Finance Ministry of Greece announced a set of sweeping investigations and terminations into employees suspected of illegal activities. According to a statement released by the Ministry, 20 tax-office directors have already been fired for failing to meet preset ... Read More
Apr 20, 2010
Governments across the world are reporting higher occurrence of transfer pricing, and are subsequently increasing efforts to curb tax evasion through the method. Governments worldwide are becoming increasingly aware and focused on transfer pricing regulations. Several nations have recently announced that greater attention will be paid to the matter throughout tax audits conducted on multinational [...]
Governments across the world are reporting higher occurrence of transfer pricing, and are subsequently increasing efforts to curb tax evasion through the method.
Governments worldwide are becoming increasingly aware and focused on transfer pricing regulations. Several nations have recently announced that greater attention will be paid to the matter throughout tax audits conducted on multinational corporations throughout the 2010 and 2011 fiscal years.
In a recent press release, the Ho Chi Minh City Taxation Department revealed heavy tax revenue losses due to illicit transfer ... Read More
Apr 16, 2010
The Parliament of Greece has approved an extensive overhaul of the country’s tax code, in a concentrated effort to revive national finances and stem tax evasion. On April 15th the Greek Parliament approved a controversial and widely discussed new tax code aimed at reforming the country’s taxation landscape. Filippos Sahinidis, Deputy Finance Minister of Greece, [...]
The Parliament of Greece has approved an extensive overhaul of the country’s tax code, in a concentrated effort to revive national finances and stem tax evasion.
On April 15th the Greek Parliament approved a controversial and widely discussed new tax code aimed at reforming the country’s taxation landscape. Filippos Sahinidis, Deputy Finance Minister of Greece, described the aim of the new bill, saying, "This is an important piece of legislation to deal with the major problem of tax evasion and other chronic problems ... Read More
Apr 15, 2010
The Australian Tax Office (ATO) is stepping up its efforts to eliminate offshore tax evasion by requesting customer information from national financial institutions. The data will be used in fresh investigations on Australians with undeclared offshore bank incomes. On April 14th the ATO issued a press release detailing its new data-matching program aimed at identifying [...]
The Australian Tax Office (ATO) is stepping up its efforts to eliminate offshore tax evasion by requesting customer information from national financial institutions. The data will be used in fresh investigations on Australians with undeclared offshore bank incomes.
On April 14th the ATO issued a press release detailing its new data-matching program aimed at identifying and investigating Australian taxpayers with undeclared offshore incomes or over-claimed tax deductions involving international transactions. The ATO has revealed that national financial institutions will be requested to provide ... Read More
