Tax Haven

Google shifted about $23 billion in 2017 to Bermuda, a tax haven: Report

Google did this through a Dutch shell company to allow it to reduce its foreign tax bill.

Paradise Papers make good headlines, but what did we do with Panama, HSBC lists?

Tracking deposit movements post-demonetisation will hardly yield big results because much of the black money is stored in real assets not cash—something most experts have pointed out time and again.

CBI probe reveals 339 shell companies used to divert Rs 2,900 crore, cheat banks

A complex web of 339 shell companies used for allegedly diverting funds unscrupulously to the tune of Rs 2,900 crore has been unearthed by the Central Bureau of Investigation (CBI) during its probe into such cases over the last three years.

Panama Papers scandal: Top law firm partners Mossack, Fonseca arrested

The two main partners of Mossack Fonseca, the Panamanian law firm at the centre of the so-called 'Panama papers' scandal, were arrested on Friday, a media report said.

After Panama Papers comes Bahamas: Leak exposes 475 India-linked names with offshore accounts

The release of Bahamas papers comes days before the 30 September deadline of the Indian govt for individuals and corporates to declare their hidden wealth

Tiny countries object 'tax have' tag, India frames exchange protocol

An official said on Thursday that some of these countries have taken exception to them being dubbed as 'tax havens'.

Panama Papers fallout: Investigators end search at Mossack Fonseca

Swiss black money list: Era of tax haven has come to an end, says Arun Jaitley

The names of at least seven "Indian nationals" have been made public in Switzerland's Federal Gazette

We are not a rock-island offshore financial centre, says Mauritius

The government of Mauritius responds to a recent article in Firstpost on how regulatory issues involving some financial companies have been handled

FIIs lost case in tribunal, govt will push ahead with Rs 40,000 cr tax demand, says Jaitley

The NDA has abolished the MAT from 1 April 2015, but the demands pertain to tax related to earlier period, clarified Jaitley