All articles for the topic: association

URI: 
http://vocabulary.semantic-web.at/CBeurovoc/C2944
Alternative labels: 
club
membership organisation

HSBC's private banking arm accused of tax fraud by Belgium

Authorities in Brussels have charged HSBC's private banking arm, which is based in Switzerland, with helping wealthy Belgians to avoid taxes.

Prosecutors allege that hundreds of clients - including diamond dealers in Antwerp - moved money to offshore tax havens with the help of the bank.

They said it resulted in hundreds of millions of euros in lost tax revenue.

In August, HSBC warned that the penalties in relation to such allegations "could be significant".

Google may face $6bn EU anti-trust fin

GOOOOHOOOOGLE Google’s anti-trust row with the European commission could turn into a case bigger than the one that cost Microsoft more than €2.2bn (£1.7bn), the outgoing competition commissioner warned on Tuesday.

In a dramatic change of position, Joaquín Almunia, the EC’s competition commissioner, told the European parliament that unless Google altered its offer to settle complaints, it could face a “statement of objections”, the formal path towards a fine that could equate to 10% of the company’s global revenue, or about $6bn (£3.7bn).

UN scheme to boost Syrian children’s education given $316m donation

More than $316m (£193m) was pledged on Wednesday to support Syrian children affected by the conflict as part of a UN-led initiative to alleviate the impact of the crisis on young people.

The EU pledged $145m, the US $90m and the UK $81.6m to the No Lost Generation initiative, which was launched last year by a consortium of UN agencies, NGOs and international donors.

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