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General services tax soon?
I WAS present when Professor Glen Jenkins, as guest of the Harvard Club, spoke on value-added tax (VAT) some months ago.
On track to achieve 2014 target
Penang is now one of the handful places in the world producing vacuum valves, a high-technology product used in the manufacturing of semiconductor wafers.
Workers needed for new plant
VAT Manufacturing Malaysia Sdn Bhd, a subsidiary of VAT Vacuum Valves AG, is recruiting 100 workers for its new plant in Batu Kawan Industrial Park.
UK lawmakers say Amazon eBay not doing enough to combat tax fraud
LONDON: A UK parliamentary report has criticised Amazon and eBay for not doing enough to prevent tax fraud on their online market places and recommended the government hold the online giants accountable for tax lost to evaders.
The pain (and gain) of getting Value Added Tax refunds
A Star2 reader, who is a frequent traveller, shares her experiences on value added tax and the extremely tiring process of claiming it back.
Govt does not expect immediate sharp increase in revenue
THE Government does not expect an immediate sharp increase in its revenue as a result of implementing the Goods and Services Tax (GST).
Tax hike piles misery on Spains shoppers and small firms
MADRID: Cash-strapped Spanish shoppers and small businesses were resigned to more pain on Saturday, as everyday living costs like heating, phone bills, clothes and haircuts all become more expensive following a hike in value-added tax (VAT).
Cops to beef up elite units to handle terrorism
IPOH: The police will strengthen the General Operations Force, specifically the VAT 69 commando unit and Special Action Unit, in order to handle terrorist threats more effectively.
Israel to tax foreign companies' online activities
Israel is to start collecting value added tax (VAT) and income taxes from foreign companies that do substantial business over the Internet in Israel.
London Games budget faces big tax bill
The London 2012 Olympics face a £1bil tax bill after organisers failed to take into account VAT costs for the construction of facilities.
