19 Oct '12, 11pm

Germany and Singapore signed tax evasion co-operation deal

Germany and Singapore signed tax evasion co-operation deal

The city-state of Singapore Germany and Singapore have agreed to increase the level of information they exchange in a bid to crack down on tax dodgers. The move comes after the German government signed a treaty with Switzerland targeting nationals who hide taxable income in Swiss banks . Germany has been wary of some of its citizens moving their funds to Asia. By its side, Singapore has been taking measures to clamp down on foreigners shifting their funds to the city-state to avoid paying taxes in their own country, last week, it announced plans to penalize banks that facilitate tax evasion. The Monetary Authority of Singapore said that financial institutions must develop and implement policies, controls and procedures to effectively detect and deter the laundering of proceeds from willful or fraudulent tax evasion through the financial system. Singapore, along with Hong K...

Full article: http://ritort.net/blog/2012/10/14/germany-and-singapore-s...

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Singapore and Germany in tax deal

bbc.co.uk 15 Oct '12, 1am

15 October 2012 Last updated at 02:12 GMT Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print S...

Singapore and Germany in tax deal

bbc.co.uk 15 Oct '12, 1am

15 October 2012 Last updated at 02:12 GMT Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print S...

(ANS)Germany and Singapore to cooperate more to...

BERLIN (Reuters) - Germany and Singapore have agreed to cooperate more closely to reduce tax evasion, the German Finance M...

Singapore and Germany in tax deal: Singapore an...

bbc.co.uk 15 Oct '12, 1am

15 October 2012 Last updated at 01:20 GMT Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print S...

Germany to negotiate deal with Singapore against tax evasion - Reuters

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