The Business Times

Tax evasion

Companies & Markets

Credit Suisse to pay US$511 million as part of agreement with US DOJ in tax evasion case involving Singapore accounts

Under Italian law, an intermediary offering goods for sale in Italy is co-responsible for the non-payment of VAT by non-EU sellers that use its e-commerce platform.
Telcos, Media & Tech

Italy investigates Amazon over alleged 1.2 billion euro tax evasion

Visitors walk past the logo of Kia Motors at its pavilion at the India Auto Expo 2020 in Greater Noida, India, February 5, 2020. REUTERS/Anushree Fadnavis
Transport & Logistics

Kia contests US$14 million India tax demand for wrongly using trade treaty exemptions

The Indonesian government also conducted on average much fewer audits per million of population during the 2018-2021 period compared with other countries in the similar income group levels.
International

One in four Indonesia firms involved in tax evasion, World Bank says

A clerk poses with Indonesian rupiah banknotes at a money changer in Jakarta on May 2, 2024. (Photo by ADEK BERRY / AFP)
International

Indonesia considering another tax amnesty programme, lawmaker says

The settlement resolves claims that Sotheby’s let at least eight clients cheat New York state from 2010 to 2020 by using “resale certificates” that falsely portrayed them as art dealers entitled to tax exemptions, instead of art collectors.
Lifestyle

Sotheby’s settles New York tax fraud case, pays damages

Mineral Resources' founder Chris Ellison said that prior to listing Mineral Resources in 2006, he and his business partners operated entities overseas that imported mining equipment into Australia. Some of that revenue was not disclosed to the tax office.
Energy & Commodities

MinRes billionaire founder Chris Ellison admits tax evasion, shares tank

Ng Chiew Yen (left) and Keith Tan Kai Wen arriving at the State Courts on Sept 20, 2024.
Property

Mother and son charged in Iras probe into ‘99-to-1’ stamp duty tax avoidance case

Hunter Biden and his wife Melissa Cohen, leave court after his guilty plea in his trial on tax evasion in Los Angeles, California, Sept 5, 2024.
International

Hunter Biden pleads guilty plea to tax evasion charges

The court heard that Quek Ban Tong Edmund is the precedent partner of Economics Cafe Learning Centre.
Singapore

Economics tutor jailed five weeks, ordered to pay S$72,770 in penalties for tax evasion

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