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Asia and tax cheats

Is Asia's wealth gap worsening? Plus, how India's rich evade $300bn in taxes each year.

Is Asia's wealth gap worsening?
Lesley Curwen talks to the Asian Development Bank's Assistant Chief Economist, Joseph Zveglich about the rise of inequality.

And it is estimated that India's wealthy evade $300bn in taxes each year, hiding much of it in foreign banks and zero tax regimes. Bundeep Singh Rangar is Chairman of IndusView, which helps foreign companies invest in India. He explains why tough laws to tackle tax evasion are opposed by special interests.

Plus, the Βι¶ΉΤΌΕΔ's Katie Hunt reports from Hong Kong on how some of Asia's most powerful business dynasties are gripped by bitter succession battles.

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18 minutes

Last on

Tue 8 May 2012 07:32GMT

Broadcast

  • Tue 8 May 2012 07:32GMT

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