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WASHINGTON: US President Donald Trump is proposing to slash the corporate income tax rate and offer multinational businesses a steep tax break on overseas profits brought into the United States, officials said late on Tuesday.
KUALA LUMPUR: The Employees Provident Fund (EPF) is set to expand its property investment portfolio in Australia by entering into an agreement to subscribe to a 49% interest in Yarra Park City Pty Ltd (YPC) for A$154mil (RM516.8mil).
WE WAITED with abated breath as the Minister of Finance began his Budget speech. As the Minister unveils his rationale on the various proposals, his analogy of being a sensible father or head of family in managing finances to meet household needs echoes his sensitivity to the Rakyat in the current challenging times.
Views on Budget 2017 from AmBank Group CEO Datuk Sulaiman Mohd Tahir, Moody’s Investors Service vice-president Christian de Guzman, MIDF group MD Datuk Mohd Najib Abdullah, LTAT chief executive Tan Sri Lodin Wok Kamaruddin and Uber Malaysia GM Leon Foong, among others.