Tax

Secret Wealth And Dealings Of World Leaders Exposed

Some 35 current and former leaders and more than 300 public officials are featured in the files from offshore companies, dubbed the Pandora Papers.They reveal the King of Jordan secretly amassed GBP70 million (US$94.8 million) of United Kingdom (UK) and United States (US) property.They also show how ex-UK Prime Minister Tony Blair and his wife saved GBP312,000 (US$422,671) in stamp duty when they bought a London office.The couple bought an offshore firm that owned the building.The leak also l

4 October 2021
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E-commerce threat for Myanmar’s jade

As if human rights abuses, corruption charges and deadly landslides haven’t hurt the industry enough, Myanmar’s multi-billion-dollar jade and gemstone industry now has to deal with the challenges of e-commerce.Myanmar produces 90 percent of the world’s jade and is a major player in the global gem economy, but poor regulations mean up to two-third of the country’s production is possibly not subjected to tax according to a report by the Natural Resource Governance Institute (NRGI) in March.The

19 October 2019
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