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Trump asks US Supreme Court to prevent release of his tax returns
US President Donald Trump asked the conservative-majority Supreme Court yesterday to reverse a lower court ruling that directed his longtime accounting firm to hand over eight years of his tax returns to New York prosecutors. Trump appealed a November 4
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Lim: Our tax on the rich the lowest in the region
KUALA LUMPUR: Finance Minister Lim Guan Eng said today that even with the two-percentage point increase in income tax rate for those with taxable income in excess of RM2 million, the rate remains among the lowest in this region. He
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IRB: We don’t segregate tax contribution by ethnicity
PUCHONG: The Inland Revenue Board (IRB) today denied tabling in Parliament a White Paper on tax contribution based on the racial and ethnic composition of the Malaysian taxpayers, which has gone viral on social media. In a statement today, IRB
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Dr M: E-commerce and economy sharing to be taxed
BANGKOK: Prime Minister Tun Dr Mahathir Mohamad said he has floated the idea of Malaysia taxing e-commerce and sharing economy-related activities during the Plenary Session of the 34th Asean Summit. “I mentioned about tax, now that we have online businesses…
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Dr Mahathir: Pro-import policies to be changed with tax
CYBERJAYA: Prime Minister Tun Dr Mahathir Mohamad said today the current government policies which seem to be pro-import rather than exports need to be changed. This, he said, might involve a change in the tax system. “We are not even
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‘Taxes that people want’
KUALA LUMPUR: Pekan MP Najib Razak lambasted the introduction of a new set of taxes by Finance Minister Lim Guan Eng yesterday. He cynically claimed that the new set of payment is one that the people wanted. Lim introduced digital
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PM: No more new tax for this year, but reforms
KUALA LUMPUR: There will be no new tax for this year, except for sugar tax which was announced during the 2019 Budget, Prime Minister Tun Dr Mahathir Mohamad announced today. “(However), it (implementation) is delayed a bit as we want
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