An assessee can reduce his/her tax liability, by legitimate means, in two ways – tax planning and tax avoidance. The former is described as the arrangement of financial activities in a way that the assessee can avail maximum tax benefit. On the other hand, the latter is a technique of refraining from tax liability, through [...]
Some thing special in Hong Kong attracts foreigners from all over the globe to register their businesses in Hong Kong; but what would it be that makes Hong Kong so attractive and such a great place for people who do buiness? The Wall Street Record and the Heritage Basis have known Hong Kong as the [...]
In Spain, Barcelona football club’s famous Argentine footballer Lionel Messi in Spain for trial, indicted for tax fraud. Lionel Messi’s father accused the court and is responsible for financial management Jorge Messi in 2007 and 2009 tax evasion in Spain, more than $ 4.5 million. Spanish judicial authorities, Lionel Messi and his father Belize and [...]
Overseas shopping is now one of the main sources of entertainment, as well as a big task for Chinese travelers. The tax return generated by such shopping carnival is huge. However, getting the tax return from the Custom means going through excruciating paperwork, which could be really time-consuming. Besides, it is inconvenient for customers to [...]