Dodging Taxes
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Bengaluru Man Bought A 7.5 Crore Ferrari And Tried To Dodge Tax Officials
In a high-octane crackdown on tax evasion, a Ferrari owner was forced to shell out Rs 1.42 crore after Regional Transport Office officials caught the luxury supercar being used on the streets of Bengaluru without road tax being paid in Karnataka.
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Samsung Ordered to Pay $601 Million in Back Taxes in India, Penalties Over Telecom Imports
India has ordered Samsung to pay $601 million (roughly Rs. 5,149 crore) in back taxes and penalties for dodging import tariffs. The Samsung investigation began in 2021 when tax inspectors searched its offices in the financial capital of Mumbai and Gurugram near New Delhi, seizing documents, emails and some electronic devices.
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Derivatives, Futures Trading a Tax Effective Solution to Drive Crypto Engagement in India: Pi42 Co-Founders
Industry leaders in India believe that futures trading in crypto can be a great solution to help potential investors still trade in crypto without having to worry about the tax load. Indian crypto veterans Nischal Shetty and Avinash Shekhar, who recently released their Pi42 futures exchange, have weighed-in on the situation with insights.
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Father, Son Sentenced To Prison For $20 Million Lottery Scam In US
The duo also lied on their tax returns to dodge more than $6 million in federal taxes
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Xiaomi Feels Sting of China COVID Curbs With 20 Percent Fall in Q2 Revenue, Smartphone Sales Fall 29 Percent
Xiaomi reported a 20 percent drop in revenue year-on-year, as the smartphone giant felt the sting of Covid-19 curbs and restrictions in China. The firm’s stock price has tumbled nearly 40 percent since the start of 2022, hit by the slowing Chinese economy and weakening overseas growth.
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Netflix Says Ready to Pay Tax After Vietnam Complaint
Netflix insisted it was prepared to pay tax in Vietnam after a minister accused the streaming giant of dodging its obligations to the communist nation.
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Trump Shrugs Off Report Revealing A Fortune In Tax Dodges, Parental Gifts
US President Donald Trump on Wednesday shrugged off a New York Times investigation that concluded he made his fortune with the help of more than $400 million from his parents, partly through tax schemes, as a boring, rehashed "hit piece."
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Officials Investigating Trump For Helping Parents Evade Millions In Taxes
The New York state tax department said Tuesday it is investigating reports that President Donald Trump helped his parents dodge millions of dollars in taxes and received far more money from his father's real estate empire than he has claimed in the past.
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Donald Trump Helped His Parents Evade Millions In Taxes: Report
Donald Trump helped his parents dodge millions of dollars in taxes and received far more money from his father's real estate empire than he has claimed in the past, The New York Times reported Tuesday.
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AAP Kept Double Accounts, Dodged Tax Authorities: Yogendra Yadav
Swaraj India leader Yogendra Yadav today attacked the AAP over the IT notice issued to it, alleging that the Kejriwal-led party kept double accounts, concealed information and dodged tax authorities.
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Bengaluru Man Bought A 7.5 Crore Ferrari And Tried To Dodge Tax Officials
In a high-octane crackdown on tax evasion, a Ferrari owner was forced to shell out Rs 1.42 crore after Regional Transport Office officials caught the luxury supercar being used on the streets of Bengaluru without road tax being paid in Karnataka.
-
Samsung Ordered to Pay $601 Million in Back Taxes in India, Penalties Over Telecom Imports
India has ordered Samsung to pay $601 million (roughly Rs. 5,149 crore) in back taxes and penalties for dodging import tariffs. The Samsung investigation began in 2021 when tax inspectors searched its offices in the financial capital of Mumbai and Gurugram near New Delhi, seizing documents, emails and some electronic devices.
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Derivatives, Futures Trading a Tax Effective Solution to Drive Crypto Engagement in India: Pi42 Co-Founders
Industry leaders in India believe that futures trading in crypto can be a great solution to help potential investors still trade in crypto without having to worry about the tax load. Indian crypto veterans Nischal Shetty and Avinash Shekhar, who recently released their Pi42 futures exchange, have weighed-in on the situation with insights.
-
Father, Son Sentenced To Prison For $20 Million Lottery Scam In US
The duo also lied on their tax returns to dodge more than $6 million in federal taxes
-
Xiaomi Feels Sting of China COVID Curbs With 20 Percent Fall in Q2 Revenue, Smartphone Sales Fall 29 Percent
Xiaomi reported a 20 percent drop in revenue year-on-year, as the smartphone giant felt the sting of Covid-19 curbs and restrictions in China. The firm’s stock price has tumbled nearly 40 percent since the start of 2022, hit by the slowing Chinese economy and weakening overseas growth.
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Netflix Says Ready to Pay Tax After Vietnam Complaint
Netflix insisted it was prepared to pay tax in Vietnam after a minister accused the streaming giant of dodging its obligations to the communist nation.
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Trump Shrugs Off Report Revealing A Fortune In Tax Dodges, Parental Gifts
US President Donald Trump on Wednesday shrugged off a New York Times investigation that concluded he made his fortune with the help of more than $400 million from his parents, partly through tax schemes, as a boring, rehashed "hit piece."
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Officials Investigating Trump For Helping Parents Evade Millions In Taxes
The New York state tax department said Tuesday it is investigating reports that President Donald Trump helped his parents dodge millions of dollars in taxes and received far more money from his father's real estate empire than he has claimed in the past.
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Donald Trump Helped His Parents Evade Millions In Taxes: Report
Donald Trump helped his parents dodge millions of dollars in taxes and received far more money from his father's real estate empire than he has claimed in the past, The New York Times reported Tuesday.
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AAP Kept Double Accounts, Dodged Tax Authorities: Yogendra Yadav
Swaraj India leader Yogendra Yadav today attacked the AAP over the IT notice issued to it, alleging that the Kejriwal-led party kept double accounts, concealed information and dodged tax authorities.
