Sentence examples for undeclared wealth from inspiring English sources

Other modest measures include making tax declarations a mandatory part of loan applications, deterring those with undeclared wealth.

The so-called voluntary disclosure programme, which was launched a year ago and ended on 30 November, brought to light nearly €60bn euros in undeclared wealth, the economy ministry said in a statement.

The ban was billed as a sweeping move against corruption that would force Indians who hold large amounts of undeclared wealth to deposit the money at banks and make their assets official.

Since taking office in 2010, President Aquino managed to pass the 'sin tax' law covering such items as alcohol and cigarettes, increased tax collection rates, and successfully impeached the now former Supreme Court chief justice of former President Arroyo, on grounds of undeclared wealth.

Switzerland is still the global capital of undeclared offshore wealth, with about $2 trillion.

A large chunk of Indian wealth goes undeclared.

Media organisations including Le Monde and CBS publish details of files showing how HSBC's Swiss banking arm advised clients on how to get round tax regulations, and let some conceal their wealth in undeclared "black accounts".

AMONG the sins that have most angered the austerity-weary everywhere is the use of undeclared offshore accounts to stash the wealth of the rich.

Among other tactics, the government is trying to catch tax evaders by using satellite photos to spot undeclared swimming pools — an indicator of taxable wealth.

But his biggest claim is that this budget is part of an "undeclared class and generational war" and now there is an increasing concentration of wealth at the top.

As the size of the undeclared funds that they manage ebbs, these banks will have to fight in the increasingly tough wealth management market on the basis of fiscally transparent services.