Wednesday, August 4, 2021

income tax

US billionaires accused of avoiding income tax

Journalism nonprofit ProPublica says the billionaires did nothing illegal in their tax declarations, but employed tax-avoidance strategies 'beyond the reach of ordinary people'.

Jho Low-ally Eric Tan ordered to pay income tax of RM68 million

He was also ordered to pay interest at a rate of 5% per annum from the date of judgment until the date of realisation, and costs of RM2,000 to the government.

Things to know about income tax in Malaysia

A look at the scope of taxation and some important reminders as income tax season begins.

LHDN sues 2 more linked to Jho Low over income tax arrears

Casey Tang Keng Chee and Jasmine Loo Ai Swan are accused of owing RM6.8 million and RM2.5 million respectively.

LHDN seeking RM68 million in tax arrears from friend of Jho Low

Eric Tan Kim Loong is accused of failing to pay income tax for assessment years 2010 to 2013.

Govt aware of volatile job market despite higher tax projection

The government estimates a 1.8% increase in employment rate next year.

Trump well behind on his taxes, says New York Times

Trump calls the New York Times report 'fake news'.

Ku Nan, LHDN to settle RM57 million income tax suit

The judge has fixed Sept 23 to hear LHDN's application for a summary judgment as well as Tengku Adnan Tengku Mansor's request for a stay of proceedings.

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