US: Chinese Companies’ Route to Wall Street Faces SEC Scrutiny

Chinese companies trading on U.S. stock exchanges may face tighter scrutiny as the Securities and Exchange Commission (SEC) seeks to update decades-old rules on foreign private issuers (FPIs), a move that could further test deteriorating China-U.S. relations.

The surge in foreign companies, particularly from China, leveraging offshore tax havens to list on U.S. exchanges has made it more difficult for American regulators to oversee them, as their FPI status gives them exemptions from the same disclosure requirements as their domestic counterparts.

 

29 November 2024

CRYPTO: 40% rise in crypto ownership will ramp up tax compliance activity warns BDO

The 40% rise in the number of Britons owning crypto-assets revealed by the latest FCA survey will lead to a ramping up of compliance activity against those who fail to pay the correct tax on their crypto

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28 February 2025

CLIMATE FINANCE: G20 Urged to Tax Super-Rich for Green Future

In January, Greenpeace activists sent a clear message at the World Economic Forum in Davos, Switzerland: #TaxTheSuperRich to fund a green and just future. They blocked the entrance to a heliport, infiltrated

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14 August 2024

MAURITIUS: Mauritius Regulator Denies Offshore Fund Link, Rejects Hindenburg’s ‘Tax Haven’ Claim

The Financial Services Commission of Mauritius said on Tuesday that the offshore fund involved in the conflict of interest allegations made by Hindenburg Research is not based in Mauritius. The FSC

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31 January 2025

SPAIN: Spanish Prime Minister Proposes 100% Tax For Non-EU Buyers

Spanish Prime Minister Pedro Sánchez has proposed taxes of up to 100% for non-resident non-EU purchasers of property in Spain, as one of several measures intended to address the housing crisis. Sánchez

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