Tag: tax
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Thailand not planning tax on gold soon, trade group says
BANGKOK, Aug 27 : Thailand’s government is not planning to impose a gold tax soon, the country’s Gold Traders Association said on Thursday, after a meeting that the finance ministry had said would include discussion on a tax. • Association President Jitti Tangsithpakdi said Thursday’s talks were not abou
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Germany news: Sugar tax plan leaves sour taste
Germany’s plans for a sugar tax are facing growing opposition amid claims that it’s more about raising revenue than health. DW has the latest.
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Japan eyes tax breaks for non-core business sales in governance reform push, sources say
TOKYO, Aug 25 : Japan’s government is considering tax breaks on gains from sales of non-core businesses, a move that could accelerate long-delayed corporate restructuring and spur industry consolidation, two people with knowledge of the matter said.The plan would remove a major obstacle to companies shedding
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Exclusive-Japan eyes tax breaks for non-core business sales in governance reform push, sources say
TOKYO, Aug 25 : Japan’s government is considering tax breaks on gains from sales of non-core businesses, a move that could accelerate long-delayed corporate restructuring and spur industry consolidation, two people with knowledge of the matter said.The plan would remove a major obstacle to companies shedding
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France to use AI tools to test cybsecurity vulnerabilities after tax agency hacking
PARIS, Aug 18 : French budget minister David Amiel said on Tuesday that his ministry will use artificial intelligence tools to test government agencies’ cybsecurity vulnerabilities after a broad hacking of the country’s tax agency was disclosed last week.The data of about 700,000 taxpayers were stolen in a cy
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Malaysia considering consumption tax reform: Prime Minister Anwar
Malaysia previously scrapped the goods and services tax amid an outcry over rising living costs.
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Nigeria’s plan to tax crypto transactions could undermine adoption, industry says
LAGOS, Aug 6 : Nigeria has introduced stamp duty on certain crypto transactions and withholding taxes that industry players say could undermine adoption of digital assets in one of the world’s most active retail crypto markets.The tax authority released rules for cryptocurrencies, stablecoins, non-fungible to
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Bank of Japan’s ETF holdings may help fund tax cut, LDP executive says
TOKYO, Aug 6 : Tapping the Bank of Japan’s holdings of exchange-traded funds (ETF) may be an option to fund a planned sales tax cut, a ruling party executive said in a recent online programme, a sign its vast asset holdings could come under the political spotlight.The government on Wednesday signed off on Pri
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Japan PM vows to proceed with temporary cut in sales tax
TOKYO, July 30 : Japanese Prime Minister Sanae Takaichi announced her intention to proceed with a sharp two-year cut on an 8 per cent sales tax on food items, a senior ruling party official said on Thursday, a move set to strain the country’s worsening finances.In a meeting with ruling party executives, Takai
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