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HSBC reveals ongoing tax evasion probe in India, US, France, others
Mon, Feb 27, 2017
HSBC bank in its recently released annual report has revealed tax evasion probe carrried against the bank, HSBC Swiss Private Bank and other HSBC companies in US, France, Belgium, Argentina and India.
HSBC discloses tax evasion probes in India, other countries
Sun, Feb 26, 2017
Disclosing the "tax-related investigations" in its latest annual report published last week, HSBC further said it has set aside $773 million (over Rs 5,000 crore) as a provision for various tax- and money laundering-related matters.