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Booking.com is in hot water with the Italian authorities, suspected of dodging around RM752.08mil in taxes from brokering rentals of private homes and guest rooms.
MILAN (Reuters) -Italy's tax police believe Booking.com evaded 153 million euros of value added tax (VAT) in connection with holiday rentals booked through its platform, two sources with knowledge of the matter told Reuters on Thursday.
JAKARTA (The Jakarta Post/ANN): With plans of a new tax amnesty resembling that of 2016, the government seeks to increase state revenue as a quick fix for a huge budget deficit caused by the coronavirus pandemic, but critics warn that a second programme may encourage tax evasion.
JAKARTA (The Jakarta Post/ANN): Bringing the budget deficit back down to below 3 per cent of the gross domestic product (GDP) may prove challenging for the government as efforts to contain the coronavirus could leave an ugly mark on the state balance sheet.
JAKARTA (Bloomberg): Indonesia is seeking to cast a wider net to tax more high-income individuals and top polluters to replenish state coffers
How do you convince your faithful, four-legged friend to switch to a non-meat diet? More and more dog owners who have adopted a vegetarian or vegan diet are asking themselves this question.
Indonesia raised 100 billion yen (US$920.56 million) from the sale of Samurai bonds in six tranches amid solid demand from Japanese and overseas investors, the finance ministry has announced.
Indonesia's government proposed to parliament on Thursday a shakeup in tax policy, including introducing new levies, to help it boost next year's revenues while reducing the budget deficit, the country's finance minister said.
OCBC Bank (Malaysia) Bhd (OCBC Bank) and MFP Solar Sdn Bhd have concluded an agreement for the setting up of a RM100mil facility to finance the development of multiple rooftop solar photovoltaic plants.