Tax evasion

The move marks the first time a major state-owned lender has been explicitly called out for tax evasion in recent years

A UK citizen has agreed to plead guilty over his role in helping Americans use offshore accounts to evade taxes through a scheme known as the “Singapore Solution,” US prosecutors said. 

Authorities in provinces and cities have demanded the owners of these structures report detailed financial information: sources

The income tax undercharged across the two years exceeds S$260,000

A CREDIT Suisse unit pleaded guilty to US charges of helping ultra-wealthy Americans evade taxes and will pay a fine of more than US$510 million, the US Department of Justice (DOJ) said on Monday (May...

ITALIAN prosecutors are investigating e-commerce giant Amazon and three of its executives over alleged tax evasion worth 1.2 billion euros (S$1.7 billion), two sources with direct knowledge of the mat...

Tax investigations in India can drag on for years and are often a sore point for foreign companies

The tax evasion is more prevalent among exporters

The two programmes uncovered more than US$340 billion worth of assets