NEW DELHI (REUTERS) – India on Saturday (June 12) cut taxes on medical equipment such as oxygen concentrators and drugs used to treat Covid-19 infections,…
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US senators discuss infrastructure plan that avoids tax hikes
WASHINGTON (REUTERS) – A bipartisan group of 10 senators is trying to craft a plan to revitalise US roads and bridges without tax hikes, lawmakers…
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G-7's global tax plan: What is it about?
PARIS (AFP) – Finance ministers from the Group of Seven (G-7) industrialised countries are going over groundbreaking global tax proposals aimed at earning more revenue…
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A taxing affair: What's next after petrol duty and GST hikes?
SINGAPORE – When Deputy Prime Minister Heng Swee Keat said during the recent Budget debate that there is scope to further review Singapore’s wealth taxes,…
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EU eyes tax as tool in climate change fight
BRUSSELS (REUTERS) – Taxation will not escape the European Union’s (EU) plans to curb planet-warming emissions, and levies should be revamped to reflect climate and…
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Trump's reported tax methods would be par for the course for the rich, experts say
WASHINGTON (REUTERS) – US President Donald Trump has denied an expose by The New York Times saying he effectively paid no income tax for most…
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UK plans to drop 'Facebook tax': Report
LONDON (REUTERS) – British Finance Minister Rishi Sunak plans to drop a tax on technology companies such as Facebook and Google because it does not…
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Indonesia imposes 10% VAT on Facebook, Disney, Tiktok
JAKARTA (REUTERS) – Indonesia has added more technology companies that will be obligated to apply 10 per cent value-added tax on sales to Indonesian customers…
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Singapore Budget 2020: Tax measures to ensure resilience, competitiveness
SINGAPORE – Several tax benefits have been extended and enhanced to ensure corporate resilience and competitiveness. The Double Tax Deduction for Internationalisation scheme, set to…
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India likely to raise import duties on more than 50 items next week to help local manufacturers
NEW DELHI (REUTERS) – India plans to increase import duties on more than 50 items including electronics, electrical goods, chemicals and handicrafts, targeting about US$56…
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Indonesia issues new rules to make foreign Internet companies pay taxes
JAKARTA (REUTERS) – Indonesia has said that overseas companies that have a significant presence in its booming Internet economy must appoint a representative in the…
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US Supreme Court orders delay in release of Trump's tax returns
NEW YORK (DPA) – The US Supreme Court on Monday (Nov 18) temporarily blocked a lower court ruling that required President Donald Trump to turn…
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'Tax us more,' US billionaires urge presidential candidates
NEW YORK (AFP, BLOOMBERG) – “Tax us more!” was the message on Monday (June 24) from about 20 super-wealthy Americans who urged presidential candidates to…
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Strong growth data to boost go-ahead for Japan's sales tax hike
TOKYO (AFP) – After months of speculation that Japan’s government could postpone an impending sales tax hike to avoid damaging the economy, it appeared set…
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