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SINGAPORE: After evading paying goods and services tax at Changi Airport for luxury items she bought in Europe, a woman went on social media to teach others how to do the same.
PETALING JAYA: While tax hikes are meant to boost national revenue, the government must clearly outline how these funds are allocated, says the Federation of Malaysian Consumers Associations (Fomca).
KUALA LUMPUR: The implementation of the High Value Goods Tax (HVGT) is still on hold, the Dewan Rakyat was told.
MILAN (Reuters) - Italy has handed tax demands to Meta, X and LinkedIn in an unprecedented VAT claim against the U.S. tech giants that could have repercussions across the European Union, four sources with direct knowledge of the matter said on Wednesday.
MILAN (Reuters) - Italy is claiming 12.5 million euros ($13 million) from Elon Musk's social network X following a tax probe running parallel to one into Meta, four sources with direct knowledge of the matter said, the latest move in a potential test case for the tech sector in Europe.
WASHINGTON: President Donald Trump has signed a memorandum to impose tariffs on countries that levy digital service taxes on U.S. technology companies, a White House official said.
SYDNEY (Reuters) -Australia's government launched fresh tax cuts on Tuesday and announced other cost-of-living relief in a major push to win back disgruntled voters, tipping the budget back into the red.
The tourism tax of 300 baht (US$9) a person will come into force for foreign tourists by the end of this year, Tourism and Sports Minister Sorawong Thienthong said on Thursday (Feb 27).
HANOI: Effective February 18, low-value imported goods sent via express delivery services will no longer qualify for a value-added tax (VAT) exemption, as announced by the General Department of Customs (GDC).
PETALING JAYA: Small and medium businesses are still reeling from the rise in the Sales and Service Tax (SST) from 6% to 8% last year and are steeling themselves against the fact that the rate will be expanded to cover more sectors this year.
The government views e-invoicing as a necessary step to curb tax evasion, improve compliance and ultimately enhance Malaysia's business competitiveness.
JAKARTA: (Bernama-Xinhua) Indonesia on Wednesday (Jan 1) started to impose a 12 per cent value-added tax (VAT) on luxury goods and services, a one per cent hike, reported Xinhua.
Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Thursday (March 27, 2025)
PETALING JAYA: A "thoughtful approach" to tax policy is essential to maintaining the country's economic stability and growth, says the Malaysian Employers Federation (MEF).
JOHANNESBURG, Feb. 11 (Xinhua) -- South Africa's 2025 budget is expected to address high debt service costs and increase taxes on alcohol and tobacco, a South African economist said on Tuesday.
KUALA LUMPUR: Bank Negara projects the Malaysian economy to grow by 4.5% to 5.5% this year driven by sustained domestic demand anchored on private consumption, private sector investments as well as the continued progress of public sector infrastructure projects and the adjustments to civil service wages.
Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Tuesday (March 25, 2025)
GEORGE TOWN: The anticipated implementation of the High-Value Goods Tax (HVGT) will create a comprehensive tax system for small and medium-sized enterprises (SMEs), mainly impacting gold and jewellery manufacturers, it was pointed out.
KUALA LUMPUR: The government has not planned to implement a congestion charge on private vehicles in Kuala Lumpur for now, says Anthony Loke Siew Fook.
He’s a part of the unity government but that doesn’t stop the MCA president from raising objections to government policies if he believes they might burden the rakyat.
