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Fearing Exodus Of Rich, Switzerland Votes To Reject Inheritance Tax
Switzerland voted to reject a 50% inheritance tax on super-rich residents after wealthy entrepreneurs threatened to leave the country. The plan was opposed by 78.3% of the electorate, according to government data on Sunday.
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Trump's Tariffs Leave A Lot Of Losers. But Even Winners Will Pay A Price
President Donald Trump's tariff onslaught this week left a lot of losers - from small, poor countries like Laos and Algeria to wealthy US trading partners like Canada and Switzerland.
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Switzerland Set To Introduce Global Minimum Corporate Tax, Climate Law
Swiss voters looked set to approve proposals to introduce a global minimum tax on businesses and a climate law that aims to cut fossil fuel use and reach zero emissions by 2050, projections by public broadcaster SRF showed on Sunday.
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India Fails to Bag Spot Among World’s Crypto-Ready Countries, Hong Kong Tops List
In its latest ‘Worldwide Crypto Readiness Report’, Forex Suggest did not name India among crypto-friendly and ready nations. The study analysed several aspects before declaring Hong Kong as the most crypto-friendly country. These aspects included the number of crypto ATMs, the legislation and taxes surrounding cryptocurrencies, as well as the n...
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India Engaging Proactively With Switzerland To Obtain Info Under Tax Treaty
The government on Tuesday said that India is engaging proactively with Switzerland to obtain information in relevant cases under the Double Taxation Avoidance Agreement between the two countries.
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India Seeks Businessman Ratul Puri's Swiss Bank Details; Switzerland Issues Notice
Switzerland's tax authorities today issued public notices for Indian businessman Ratul Puri, his father and two offshore firms linked to them after India sought details of their Swiss bank accounts for allegedly having illicit funds.
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Cayman Islands Top Destination For Hiding, Laundering Money: Study
British overseas territory theCaymanIslands, the United States and Switzerland do most to help the globe's richest citizens hide and launder money, according to a ranking published on Tuesday by a group pushing for reform.
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Centre Refuses To Share Swiss Bank Account Details Of Indians: Report
The Finance Ministry has declined to share Swiss bank account details of Indians saying it is covered under "confidentiality provisions" of a tax treaty signed between India and Switzerland.
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Tax Officials To Get Swiss Bank Details Of Indians From Today
Banking details of Indians with accounts in Switzerland will be available to tax authorities from Sunday as the automatic exchange of information regime kicks off between the two countries.
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Swiss Court Says Can Give Bank Client Data To India In Tax Evasion Case
Switzerland's highest court has allowed tax authorities to turn over bank account details of two Indian citizens who had fought the release on the grounds that India's request for assistance in a tax-dodging probe arose from stolen bank data.
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Spain Judge To Decide Whether To Release HSBC "Swiss Leaks" Whistleblower
A Spanish judge will decide Thursday whether to free Herve Falciani, a former HSBC computer analyst detained in Spain at the request of Switzerland for leaking documents alleging widespread tax evasion, a court official said.
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Indo-Swiss Deal To Ease Data Sharing For Indian Accounts In Swiss Banks
In a move aimed at combating black money stashed abroad, India signed an agreement with Switzerland on Thursday that would allow automatic exchange of tax-related information from January 1 2018, the Central Board of Direct Taxes said.
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India To Cooperate With Switzerland In Fight Against Black Money: PM Modi
India and Switzerland today discussed issues relating to transparency in financial transactions and agreed on early operationalisation of the automatic exchange of information on tax between the two countries in a bid to check black money.
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Prime Minister Narendra Modi, Swiss President Hold Talks On Bilateral, Regional, Global Issues
Prime Minister Narendra Modi and Switzerland President Doris Leuthard today held extensive talks on bilateral, regional and international issues and also discussed ways to deepen bilateral cooperation in combating tax evasion and black money.
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Over Rs 19,000 Crore In Black Money Detected After Probe Into Global Leaks
The Income Tax department has detected over Rs 19,000 crore in black money following investigations into global leaks including HSBC account holders in Switzerland, the Indian government said on Friday.
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Fearing Exodus Of Rich, Switzerland Votes To Reject Inheritance Tax
Switzerland voted to reject a 50% inheritance tax on super-rich residents after wealthy entrepreneurs threatened to leave the country. The plan was opposed by 78.3% of the electorate, according to government data on Sunday.
-
Trump's Tariffs Leave A Lot Of Losers. But Even Winners Will Pay A Price
President Donald Trump's tariff onslaught this week left a lot of losers - from small, poor countries like Laos and Algeria to wealthy US trading partners like Canada and Switzerland.
-
Switzerland Set To Introduce Global Minimum Corporate Tax, Climate Law
Swiss voters looked set to approve proposals to introduce a global minimum tax on businesses and a climate law that aims to cut fossil fuel use and reach zero emissions by 2050, projections by public broadcaster SRF showed on Sunday.
-
India Fails to Bag Spot Among World’s Crypto-Ready Countries, Hong Kong Tops List
In its latest ‘Worldwide Crypto Readiness Report’, Forex Suggest did not name India among crypto-friendly and ready nations. The study analysed several aspects before declaring Hong Kong as the most crypto-friendly country. These aspects included the number of crypto ATMs, the legislation and taxes surrounding cryptocurrencies, as well as the n...
-
India Engaging Proactively With Switzerland To Obtain Info Under Tax Treaty
The government on Tuesday said that India is engaging proactively with Switzerland to obtain information in relevant cases under the Double Taxation Avoidance Agreement between the two countries.
-
India Seeks Businessman Ratul Puri's Swiss Bank Details; Switzerland Issues Notice
Switzerland's tax authorities today issued public notices for Indian businessman Ratul Puri, his father and two offshore firms linked to them after India sought details of their Swiss bank accounts for allegedly having illicit funds.
-
Cayman Islands Top Destination For Hiding, Laundering Money: Study
British overseas territory theCaymanIslands, the United States and Switzerland do most to help the globe's richest citizens hide and launder money, according to a ranking published on Tuesday by a group pushing for reform.
-
Centre Refuses To Share Swiss Bank Account Details Of Indians: Report
The Finance Ministry has declined to share Swiss bank account details of Indians saying it is covered under "confidentiality provisions" of a tax treaty signed between India and Switzerland.
-
Tax Officials To Get Swiss Bank Details Of Indians From Today
Banking details of Indians with accounts in Switzerland will be available to tax authorities from Sunday as the automatic exchange of information regime kicks off between the two countries.
-
Swiss Court Says Can Give Bank Client Data To India In Tax Evasion Case
Switzerland's highest court has allowed tax authorities to turn over bank account details of two Indian citizens who had fought the release on the grounds that India's request for assistance in a tax-dodging probe arose from stolen bank data.
-
Spain Judge To Decide Whether To Release HSBC "Swiss Leaks" Whistleblower
A Spanish judge will decide Thursday whether to free Herve Falciani, a former HSBC computer analyst detained in Spain at the request of Switzerland for leaking documents alleging widespread tax evasion, a court official said.
-
Indo-Swiss Deal To Ease Data Sharing For Indian Accounts In Swiss Banks
In a move aimed at combating black money stashed abroad, India signed an agreement with Switzerland on Thursday that would allow automatic exchange of tax-related information from January 1 2018, the Central Board of Direct Taxes said.
-
India To Cooperate With Switzerland In Fight Against Black Money: PM Modi
India and Switzerland today discussed issues relating to transparency in financial transactions and agreed on early operationalisation of the automatic exchange of information on tax between the two countries in a bid to check black money.
-
Prime Minister Narendra Modi, Swiss President Hold Talks On Bilateral, Regional, Global Issues
Prime Minister Narendra Modi and Switzerland President Doris Leuthard today held extensive talks on bilateral, regional and international issues and also discussed ways to deepen bilateral cooperation in combating tax evasion and black money.
-
Over Rs 19,000 Crore In Black Money Detected After Probe Into Global Leaks
The Income Tax department has detected over Rs 19,000 crore in black money following investigations into global leaks including HSBC account holders in Switzerland, the Indian government said on Friday.
