11/04/2012

Wealthy Greeks Still Don't Pay Taxes

Average Greeks are reeling under the strict austerity measures passed in order to balance the country's budget. Top earners, on the other hand, continue to evade the tax man. Most of the self-employed in Greece significantly underreport their earning

11/01/2012

India inks protocol with U.K. to amend tax pact

In its continuing drive to check tax evasion and proliferation of black money, India has signed a protocol with the U.K. for amending the convention between the two countries for avoidance of double taxation and prevention of fiscal evasion with respect

11/01/2012

Wealthy Greeks Still Don't Pay Taxes

Average Greeks are reeling under the strict austerity measures passed in order to balance the country's budget. Top earners, on the other hand, continue to evade the tax man. Most of the self-employed in Greece significantly underreport their earning

10/31/2012

HMRC Turns Screws On Self-Assessors

HMRC's aim is to obtain GBP7bn in additional revenue a year by 2014-15, and UHY attributes the pressure to meet this target as the reason behind the more detailed scrutiny of self-assessment returns.

10/31/2012

JP Morgan sues London Whale’s boss

JP Morgan is suing the former boss of Bruno Iksil, the trader nicknamed the London Whale because of the size of the bets he made in helping to rack up a $6bn (£3.7bn) loss at the bank.

10/30/2012

FSA sees rise in whistleblowing cases

‘Whistleblowing cases are becoming much more common and they can be hugely significant for companies; we have investigated cases where losses of up to £1 billion have been reported by a whistleblower.'

10/30/2012

Barclays hit by fresh US investigations

Barclays, already rocked by an interest rate rigging scandal, unveiled two new US regulatory investigations into the bank's financial probity on Wednesday and said its profit was hit by charges for mis-selling insurance.

10/30/2012

Targeting corporate wealth on divorce

The Court of Appeal has made a landmark ruling on spouses’ ability to break through complex structures to deliver a divorce settlement.