User-agent: Mediapartners-Google* Disallow: Trucks World News
Google
 
Loading

Jan 26, 2009

CONVICTED * Germany - Former Deutsche Post CEO, Zumwinkel, Convicted of Tax Evasion

Bonn,Germany -Traffic World (USA), by Thomas L. Gallagher -26 Jan 2009: -- A German court on Monday convicted Klaus Zumwinkel of tax evasion... The court suspended a two-year prison sentence and imposed a $1.3 million fine on the former Deutsche Post CEO... Zumwinkel was arrested last year in front of news cameras and resigned from his position. He immediately repaid back taxes of $5.1 million and admitted his offense. When his trial opened last week, he repeated his admission of evading just under $1.3 million in taxes between 2002 and 2006. He described his method of putting money into a foundation in Liechtenstein to avoid taxes. "It was the biggest mistake of my life," he said.

Labels:

posted by Unknown @ 7:04 PM  0 comments

Dec 13, 2008

TAX EVASION * Pakistan - 90% commercial vehicles plying without permits

Traffic police collect Rs 15 million a year for issuing special tokens instead of route permits, claims transporter

Karachi,Pakistan -The Daily Times, by Irfan Aligi -12 Dec 2008: -- The Sindh Treasury is sustaining colossal losses due to tax evasion from dumper and commercial vehicles plying on city roads in the province... Certain groups of transporters are in violation of provincial motor vehicle laws, as these vehicles, which include heavy cargo trucks and dumpers, are operating without proper documentation and route permits... According to sources in the Sindh Transport Ministry, there are around 67,000 vehicles that ply the roads without proper registration plates. The defunct Sindh Road Transport Corporation (SRTC) Chairman Yar Muhammad Jat told Daily Times that around 90 percent of all commercial vehicles in Sindh are operating without route permits, thereby, inflicting pecuniary losses of up to Rs 1.2 million per year in terms of taxes to the Sindh government... (Photo: Pakistan's Trucks)

Labels:

posted by Unknown @ 10:54 AM  0 comments