Monthly Archives: July 2013

British Columbia Securities Commission published warning about BVI company

The British Columbia Securities Commission (BCSC), which is an independent government agency responsible for regulating trading in securities within the province, has issued public warning concerning Hines Aircraft Ltd., incorporated in the British Virgin Islands. Hines Aircraft, which claims to … Continue reading

Posted in BVI Companies, Unethical business practice | Leave a comment

Australian Taxation Office investigates profit shifting to offshore structures

The Australian Taxation Office (ATO), as well as the Australian Government, is concerned about the risks and issues with the country’s tax system, and next year it is planning to focus on profit shifting, tax crime, and the misuse of … Continue reading

Posted in BVI Companies, Investigation, Offshore investment schemes, Offshore tax havens, Revenue Service, Tax avoidance, Tax fraud, Tax planning, Tax Shelters | Leave a comment

Cukurova Holding to pay US$1.56bn on Turkcell stake

The shareholder of mobile giant Turkcell, BVI-incorporated Cukurova Holding has to pay US$1.56 billion to recover a disputed 13.7% stake in Turkcell from Russia’s Altimo, a unit of the Alfa Group. By the decision of the UK’s Privy Council, the … Continue reading

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