Search Results for: capital gains tax
China Said to Tax Past Capital Gains by International Funds
February 27th, 2015
China plans to collect capital gains taxes from foreign money managers that invested in mainland markets during the five years through November 2014, a move that may compel funds to claw back more than $1 billion from investors to ...
China to Waive Capital-Gains Tax for Foreigners on Link
November 14th, 2014
China will waive capital-gains taxes for foreign stock investors using the Shanghai-Hong Kong (HSCEI) bourse link, clarifying its rules three days before the program’s debut provides unprecedented access to mainland shares. Chinese individuals who buy Hong Kong equities through the link get a ...
EU hits pause on US digital levy to focus on global corporate tax plan
July 13th, 2021
The European Union has agreed to delay a corporate tax plan for the bloc following pressure from the U.S. administration and in a bid to facilitate a broader global tax deal, but EU member Ireland reiterated its criticisms of ...
EU puts Cayman Islands on tax haven blacklist
February 19th, 2020
The European Union has added the Cayman Islands, a UK overseas territory, to its tax havens blacklist. It joins Oman, Fiji and Vanuatu, which have also been accused of failing to crack down on tax abuse. Oxfam, which lobbies ...
Top EU banks guilty of multi-billion tax fraud
October 23rd, 2018
Tax-scams operated by the EU’s top banks cost treasuries €55.2bn, a cross-border investigation has shown. The scams, dubbed “the biggest tax robbery in European history”, involved Deutsche Bank and Santander – the largest lenders in Germany and Spain. They ...
Pan-European tax fraud web leads to New Jersey and Dubai
September 12th, 2018
White-collar criminals aren’t usually so blatant about their intentions. But after tracking a trail of tax fraud that flowed from Denmark to Germany, the UK, Canada, Luxembourg and Malaysia, Danish investigators stumbled on a corporation in Delaware whose name ...
Is the EU ready for a Common Consolidated Corporate Tax Base?
June 12th, 2018
In 2011, an ambitious Common Consolidated Corporate Tax Base (CCCTB) directive was proposed by the European Commission. It sought to harmonise the 28 different corporate tax codes of the Member States into one set of rules while retaining the ...
Thailand introduces virtual currency trading tax rules
May 23rd, 2018
In a last-minute change ahead of the implementation of new tax rules for virtual currency trading, Thai lawmakers agreed that virtual currency trading on regulated exchanges should be exempt from value-added tax. Under the new regime, gains will be ...
Euro against the dollar to a three-month low; Early European and Asian markets review
October 27th, 2017
Asian shares gained on Friday as technology shares were boosted by upbeat earnings from U.S. high-tech giants while the euro hovered near three-month low against the dollar after the European Central Bank extended its stimulus. The Australian dollar fell ...
Dollar gains, euro dipped, yen fell; What to watch this week
October 2nd, 2017
Treasury yields rose with the dollar as investors contemplate prospects for U.S. tax cuts and the potential of a less dovish Federal Reserve chief. Stocks were mixed in an Asia-Pacific region affected by holidays, after China unveiled a targeted ...
