The proposed digital services tax will target multinational businesses that earn income from New Zealand users of social media platforms, search engines, and online marketplaces.

Anwar Ibrahim says taxes must be paid by those eligible.

Without a fixed definition, they say, the scope of the tax might change over time, affecting more items and consumers.

The tax probe came after India reacted angrily to a documentary by the British broadcaster about Prime Minister Narendra Modi's leadership as chief minister of the western state of Gujarat during riots in 2002.

The Manufacturers' Association says the government's plan was 'a first step in the right direction to lower the cost of living and increase economic growth.'

The returns themselves are not expected to yield sensational new revelations, but Democrats hope they will add detail on Trump's businesses and particularly any foreign concerns that might present conflicts of interest.

The seven-figure sum the former Republican president shelled out in 2018 and 2019 dwarfs his US$750 bill in 2017 – and he paid nothing at all as his losses mounted in 2020, the year of his failed re-election bid.

Almost half the belt-tightening is due to come from tax increases.

After blaming 'global headwinds' for investors dumping the pound and government bonds, Truss says she is sorry for going 'too far and too fast' with a radical economic plan to snap Britain out of years of tepid growth.

British financial markets came under strain when Finance Minister Kwasi Kwarteng announced US$50 billion of tax cuts and unprecedented support on energy bills without saying how they would be paid for.

Truss will reiterate that her government will keep 'an iron grip' on Britain's finances, and will set out her belief in fiscal responsibility, value for money for the taxpayer, sound money and a smaller state, her office says.

Just hours after Truss went on television to defend the policy, Kwarteng released a statement saying he accepted it had become a distraction from wider efforts to help households through a difficult winter.