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Retail 09 Jan 2018 | 12:00 AM Premium

Saudi retailer looks to World Cup, online sales to counter VAT

DUBAI: Retailer United Electronics Co, the second-best performing Saudi Arabian stock of 2017, is looking to increased demand for televisions before this year’s soccer World Cup, expanded consumer credit and rising online sales to counter any slowdown caused by the start of value-added tax.

TECH 23 Nov 2017 | 8:50 AM Premium

UK targets tech giants over tax avoidance and VAT fraud

Britain announced measures on Nov 22 to tackle tax avoidance by tech giants and to hold online marketplaces like eBay and Amazon.com accountable for tax evasion via their platforms.

Nation 13 Feb 2017 | 7:03 AM Premium

Boat explodes, eight VAT 69 commandos injured

MANJUNG: Eight VAT 69 commandos were injured when their boat exploded at the Kg Acheh Jetty here.

Nation 27 Mar 2014 | 12:00 AM Premium

VAT 69 team told to shoot at intruders, court hears

A police commando told the High Court here that they were ordered to shoot at armed intruders after a shootout between Malaysian security forces and Sulu gunmen in Kampung Tanduo Lahad Datu on March 1.

Nation 03 Apr 2014 | 12:00 AM Premium

VAT 69 commando recalls how gunmen fired on them during recon op

KOTA KINABALU: Malaysian security forces were taken by surprise when Sulu gunmen suddenly fired on them during a close reconnaissance operation in Kampung Tanduo last year, the High Court heard yesterday.

World 24 Jun 2015 | 5:40 PM Premium

Greece, creditors still apart on pensions, VAT, CIT

BRUSSELS (Reuters) - Greece and its international creditors still disagree on reforms of the Greek pension system, Value Added Tax and corporate taxation and there was not much progress made in the talks on loans-for-reforms on Tuesday, EU officials said.

World 02 Sep 2015 | 3:05 AM Premium

Greece's Syriza to scrap VAT on private schools if elected

ATHENS (Reuters) - Greece's Syriza party will scrap a value added tax on private education if voted back to power in a snap election in September, a party statement said on Tuesday evening, as its leader Alexis Tsipras campaigned on the island of Crete.

World 23 Jun 2013 | 7:00 PM Premium

Italy to delay VAT sales tax hike - ministry official

ROME (Reuters) - Italy will delay for at least three months a rise in sales tax which was due to take effect in July and the government aims to cancel the rise altogether, deputy Economy Minister Stefano Fassina said in a newspaper interview on Sunday.

Business 13 May 2005 | 12:00 AM Premium

Philippine shares end down on Wall Street, VAT woes and farm data

Philippine shares finished lower Friday for the fourth straight session, spooked by Wall Street's steep fall Thursday, on concerns over the implementation of amendments to the value-added tax law and weak first-quarter farm data, traders said.

Metro News 28 Oct 2017 | 12:00 AM Premium

Impressive display of competence

HAILED as one of the Royal Malaysian Police’s elite squads, the VAT 69 commando unit celebrated its 48th anniversary with a whole lot of oomph and explosive action.