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China

Supporters Go Naked for Accused Tax Evader

21 November 2011

Talk about the naked truth. Fans of beleaguered artist Ai Weiwei have tapped the power of the internet to show their support… by posing naked. Ai Weiwei was charged with tax evasion earlier this year, a charge that he claims is related to his outspoken criticism of the Chinese government. He was able to raise [...]

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Chinese Artist Ai Weiwei Fights Tax Charges

13 November 2011

Over the summer, my dad asked me if I had heard about Chinese artist Ai Weiwei. I had heard brief mentions of some tax woes but nothing big. It’s a big story, my dad advised. I nodded, making a mental note to follow-up. And then I didn’t. As with so many things (but not everything [...]

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Chinese Government Attempts to Censor Online Access After Tax Riots

28 October 2011

Riot police have reportedly moved in to calm protestors after rioting broke out inside a metro area over taxes. No, this isn’t Oakland, California. It’s Huzhou, China, a textiles center located in the northern Zhejiang province of eastern China. Earlier this week, a children’s clothing business in Huzhou refused to pay its tax bill. The [...]

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Chinese Tax Revenues Up: Should We Be Worried?

7 August 2009

If the news that US tax revenues have fallen was disturbing, then this may be even worse: China’s tax revenues are expected to grow by 10% in 2009. The increase comes on the heels of a successful 2008 year in China, where tax revenues climbed 18.8% to 5.42 trillion yuan ($792.68 billion). The “global crisis” [...]

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A Handful of Tax Havens Turn a Corner

8 April 2009

Who said those tax havens don’t care what the rest of the world thinks about them? Apparently, some do. Four countries were removed from the “black list” and placed on the “grey list” – the creativity of those financial minds is breathtaking, is it not? – after committing to international standards on bank information disclosure. [...]

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