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The Philippines and Cambodia have signed a double taxation agreement (DTA) to boost business confidence, increase trade, and spur economic growth between the two nations, the Philippines' Department of Finance (DOF) has announced.
Donald Trump’s new proposal to exempt tips from taxation would add between US$150bil to US$250bil to the federal budget deficit over 10 years, a budget watchdog group forecasts.
KUALA LUMPUR: Datuk Seri Dr Wee Ka Siong says Goods and Services Tax (GST), which is transparent and can effectively reduce tax evasion, is a better taxation system than the Sales and Service Tax (SST).
KUALA LUMPUR: The review of the current taxation structure and the Sumbangan Asas Rahmah (Sara) will be among the focus of Wednesday’s (March 27) Dewan Rakyat sitting.
BEIJING: China is stepping up international cooperation in taxation, including with countries participating in the Belt and Road Initiative (BRI) and is striving to advance global taxation services to open up the country’s economy even more, officials from the State Taxation Administration (STA) say.
There are many in the country who are calling for the reintroduction of the goods and services tax (GST) but is it all that it’s hyped up to be?
PETALING JAYA: Complementary tools besides monetary policy is needed to control inflation, say economists, who believe that interest rate hikes by themselves may be ineffective to combat rising prices.
NAIROBI, Dec. 7 (Xinhua) -- Kenya should impose heavier taxation on processed food, and limit their consumption to stem the growing crisis of non-communicable diseases including cancers, diabetes, and cardiovascular ailments, campaigners said Thursday.
SYDNEY: Sky-high tobacco prices in Australia have created a lucrative black market, analysts say, sparking a violent "tobacco war" and syphoning away billions in potential tax revenue.
TAXATION on employment income can be easily determined if an individual has monthly tax deduction (MTD) by the employer from his monthly salary.
ISTANBUL (Reuters) - Turkey's new rules to regulate the crypto market are likely to focus on licensing and taxation, sector officials say, as the world's fourth-biggest crypto-trading country seeks to get off an international financial crime watchdog's "grey list".
NUUK, Greenland, March 28 (Xinhua) -- Greenland announced the formation of a new autonomous government on Friday amid heightened tensions with the United States.
KUALA LUMPUR: Malaysia’s taxation model isn’t sustainable because its revenue is lower compared to other developed countries, the Dewan Rakyat was told.
Brazil's government will propose a 10% tax on corporate profits and dividends sent abroad to help offset revenue lost from an expanded tax exemption for individuals with lower incomes, two sources with knowledge of the matter say.
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).
Bank Muamalat Malaysia Bhd registered a record profit before zakat and taxation of RM306.7mil for the financial year ended Dec 31, 2022 (FY22), a growth of 20.3% from the RM254.9mil it posted in the previous corresponding period.
INFLATION and the taxation rate in Saudi Arabia, as well as the high exchange rate of the US dollar and Saudi riyal against the ringgit, are among the reasons for the 8% increase in rising costs for the haj pilgrimage this year.
The paper says the dispute about taxation for cryptocurrency trading bodes ill for public discussions governing new types of digital investment.
TODAY, as digitalisation is embedded in almost everything that we do, taxation policy and tax administrative practice are being transformed to embrace digital transformation.
