News

Malaysia’s tax regime can be broken down into stages

Malaysia's taxation system is a tangled mess that is in many ways similar to the US tax code.Its complicated structure, its lack of clear and consistent rules and its lacklustre enforcement are all parts of a very complicated and confusing tax system.Malaysia's system is currently a mess, according to the latest figures from the OECD, a tax watchdog organisation that

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Services

California tax cuts could help spark economic boom

By TOM RUSSELL and MIKE GOLDBERGPublished April 19, 2018 06:15:32California tax cuts would boost economic growth by as much as 3.8% in the state and could help spur economic growth, according to a new study.The California Tax Foundation released a study on Thursday that estimated that a three-year, $100 billion tax cut would create more than 500,000 jobs, boost the

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Government

Which state taxes are most expensive?

The top states in the U.S. have a combined tax rate of 35.5 percent, which puts them on par with some of the lowest-taxing states in America.The top 20 states have the lowest tax rate.Taxpayers in New York, California and New Jersey have combined rates of 35 percent.Tax rates are calculated from the total amount of taxable income, which is

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Services

Virginians get tax forms for tax return, taxes, election coverage

WASHINGTON -- Virginians got their first look at their state tax returns Monday as a handful of political campaigns began filing with the state.The campaigns said they will be filing with Virginia's Office of Political Parties, and are expected to have a copy by early next week.The campaigns said that the return will include information about campaign spending, including donations,

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Local

Which islands in the South China Sea should China control?

China's Ministry of Foreign Affairs has published a long-awaited list of countries that China considers its spheres of influence.The list of 39 countries is not a list of China's neighbors.It is not even a list that includes the countries listed on the United Nations Security Council.Instead, it is a list compiled by China in an attempt to gauge how it

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Local

Why you should listen to the Taxation Course

As we move closer to the deadline of the end of April, many are looking ahead to a big tax overhaul and many are wondering how to get started.Here are some of the important lessons we can learn from the experience of those who have been successful in the process.1.You don't have to be rich or famous to run for

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