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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Government

What’s in your car tax?

By clicking here, you will be taken to a website where you can make a tax-efficient purchase, such as an electric car.If you already own a vehicle, you can purchase a new vehicle.If not, you may need to purchase a used vehicle, which can cost more.If you buy a used car, you have to pay the registration tax as well

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Government

How tax dollars pay for life in America

In the United States, people are paying for life by borrowing money.They do it by borrowing from the Federal Reserve Bank, the Federal Deposit Insurance Corporation, the Consumer Financial Protection Bureau, and other institutions that can be difficult to get hold of.When you borrow from a bank, you're not just giving up your savings; you're giving up some of your

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News

How to write a tax return in Canada

If you're in the market for a new car or home, you may want to consider getting a tax advisor to help you prepare your return.That's because, according to a new report, a growing number of Canadians are paying more and more into their governments tax coffers through the tax haven of "uncompensated sales" — where they're not required to

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