In a note to commercial banks, the apex bank said that they need to check whether their customers are innocent of tax
evasion. Suspicious clients can be refused an account, the bank said.
Fauji Kabeerwala Power Rs270m, FFC Energy Rs30m, Foundation Power Company Rs130m, Attock Refinery Rs20m and TNB Liberty Power involved in tax
evasion of worth Rs130m.
On January 29, 2019, the same court ordered Okocha's arrest for failing severally to appear in court to defend himself on the allegation of tax
evasion brought against him.
'More breakthroughs are expected in some other high profile cases involving billions of sales tax
evasion,' the official said.
"Tax
evasion is already an offence," explained Chris Horseman, Engage in Learning's CEO, "but, until this Act, it was only possible to ascribe criminal liability if the most senior members of the organisation - typically the board of directors - were aware of the facilitation.
If tax
evasion among doctors is so widespread why has the Anastasiades government, that has been in power for almost six years, done nothing about it?
Ressa appeared before the CTA to pay P60,000 each for three cases of failure to file tax returns and P24,000 for tax
evasion or alleged violations of the National Internal Revenue Code of 1997.
Presidential Spokesperson Salvador Panelo made the remark after Ressa confirmed on Sunday that an arrest warrant has been issued against her due to multiple tax
evasion cases filed by the government.
In documented economies, the biggest crime against state is tax
evasion, because foundations on which modern state is built and functions stands eroded if taxes are not paid.
Summary: Bank Audi said Wednesday that the Lebanese authorities can close the country's fiscal gap if they combat tax
evasion, which the bank estimated at $5 billion.
Tax
evasion is one of the major problems facing developing (Fuest and Riedel, 2009) and transition economies (Pirttila, 1999).
