tax probe results on scandal hit khaisilk to be announced soon

Tax probe results on scandal-hit Khaisilk to be announced soon

The General Department of Taxation (GDT) will announce the results of the tax inspection of Khaisilk Group, a top Vietnamese silk brand, following the recent scandal of the company selling Chinese-made products.
tac to reach 2017 target for pre tax profits

TAC to reach 2017 target for pre-tax profits

Cooking oil manufacturer Tuong An Vegetable Oil Joint-Stock Company (TAC) is expected to reach its target of pre-tax profits of VND165 billion (US47.2 million) this year, according to the company.
eu pushes for tax blacklist after paradise papers leak

EU pushes for tax blacklist after Paradise Papers leak

BRUSSELS: The EU pushed on Tuesday (Nov 7) for Europe to draw up a blacklist of tax havens after the "Paradise Papers" revealed loopholes used by Apple and Nike as well as celebrities including Formula One champion Lewis Hamilton.
football real madrids marcelo admits tax fraud

Football: Real Madrid's Marcelo admits tax fraud

MADRID: Real Madrid left-back Marcelo on Tuesday (Nov 28) admitted defrauding the Spanish tax authorities of nearly half a million euros, according to a judicial source.
european stocks cheer with us tax cuts firmly in their sights

European stocks cheer with US tax cuts firmly in their sights

LONDON: Stock markets across the world jumped on Monday (Dec 18) as adoption of US tax cut plans moved into the final stretch.
asian stock markets tick up on us tax plan hopes

Asian stock markets tick up on US tax plan hopes

TOKYO: Most Asian markets edged higher on Wednesday (Aug 23) after a global equities rally driven by optimism over a US tax reform plan, but President Donald Trump's comments about terminating the North American Free Trade Agreement capped gains.
high tech tax cut might follow last years it slash

High-tech tax cut might follow last year’s IT slash

Amid growing interest from foreign investors, Vietnam will soon consider cutting 50 per cent of personal income tax for employees in high-tech industries, paving the way to attracting more foreign investment in the sector.
germanys james bond found guilty of tax evasion

Germany's 'James Bond' found guilty of tax evasion

BERLIN: Germany's former top spy, Werner Mauss, was on Thursday (Oct 5) given a two-year suspended sentence and ordered to donate €200,000 (US$235,000) to charity as he was convicted for tax evasion.
us state grants us 3 billion in tax incentives to foxconn

US state grants US$3 billion in tax incentives to Foxconn

CHICAGO: Wisconsin Governor Scott Walker signed a bill on Monday (Sep 18) granting US$3 billion in tax incentives to Foxconn, paving the way for the Taiwan electronics giant to build a manufacturing plant in the state.
uber and grab drivers suddenly up to neck in tax arrears

Uber and Grab drivers suddenly up to neck in tax arrears

After the frenzied wave of buying cars to drive for Grab and Uber, many people were shocked to find themselves tens of millions of dongs in tax arrears after selling their cars. The tax authorities are seeking to collect tax arrears from these drivers and even impose fines in case of delays.
vinpa supports petrol tax hikes proposed by mof

VINPA supports petrol tax hikes proposed by MoF

The Việt Nam Petroleum Association (VINPA) has sent a document to the Ministry of Finance (MoF) in support of the ministry’s proposal to increase the environmental protection tax on oil and gas consumption.
over 13000 online sellers on facebook tax department

Over 13,000 online sellers on Facebook: Tax department

As many as 13,422 Facebook account holders are conducting trading activities through this social network, the Ha Noi Taxation Department announced on June 20.
google escapes 11b tax bill in france

Google escapes €1.1b tax bill in France

PARIS: Google is not liable for €1.115 billion (US$1.272 billion) in unpaid taxes claimed by the French state, a French court ruled on Wednesday (Jul 12), saying the internet giant's Irish subsidiary is not taxable in France.
iron ore export tax needed to foster investment

Iron ore export tax needed to foster investment

Because the price of refined iron ore is 200 times more expensive than raw iron ore created for export, reducing the export tax on raw iron ore is unreasonable and will discourage investments in ore sorting technology, the Ministry of Finance (MoF) has concluded.
multi dollar tax evasion discovered in import companies

Multi-dollar tax evasion discovered in import companies

A number of enterprises have taken advantage of technology used for tax collection to avoid paying taxes.