Saturday, May 11, 2013

Global-scale tax probe has local reach





In possibly the biggest tax investigation in history, Britain, US and Australia have launched a joint global investigation into tax evasion through offshore havens, the governments of the three nations announced.


"It is certain Hong Kong and mainland individuals will feature in the information. It will be interesting to see the reactions of the Hong Kong and Chinese authorities," said John Bruce, Macau director of Hill & Associates, a Hong Kong risk consultancy.









via Business feed http://www.scmp.com/business/economy/article/1234978/global-scale-tax-probe-has-local-reach

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