Israel to trim taxes, water and energy costs to fight inflation
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.'
Trump's tax returns released by US Congress
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.
Trump paid US$1 million in tax while in office but nothing in 2020
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.
UK faces record hit to living standards as tax hikes loom
Almost half the belt-tightening is due to come from tax increases.
British PM Truss vows to carry on as her party support dwindles
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.
UK govt says no spending cuts, no reverse on tax cuts
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.
Weakened Truss doubles down on 'different' message to spur UK growth
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.
UK's Truss forced into humiliating tax U-turn
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.
UK PM Truss, finance minister to meet budget forecasters
This comes after Kwasi Kwarteng unveiled a string of tax cuts in a fiscal statement that was not accompanied by OBR forecasts and which sent British financial markets into turmoil.
Sept 28 decision on Shafee's bid to stay LHDN suit
The lawyer applied to stay the proceeding pending the disposal of his appeal to the Special Commissioners of Income Tax of Malaysia.
No need to bring back GST right now, deputy finance minister says
Mohd Shahar Abdullah says the government is confident that the economy will achieve a growth projection of between 5.3% and 6.3% for 2022.
Travel bans a form of justice, not violation of rights, tax body says
The Inland Revenue Board says it would not be fair for unscrupulous people or those who fail to pay their taxes to be given the freedom to travel abroad without first paying their dues.
