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The billionaires club is bracing for the backlash now
John Caudwell, the billionaire founder of Phones4u, has come up with an even more provocative ploy to get Britain back on track: a huge windfall tax on online businesses that have “profiteered” from the lockdown Internet shopping boom.
Facebook News launched in Britain, delivering paid news content, bought from traditional publishers.
Sector improves with CPO rallying to a decade-high price
KUALA LUMPUR: The government is looking at alternatives to a wealth tax, including a Goods and Services Tax (GST), to raise funds for its coffers, says Deputy Finance Minister II Mohd Shahar Abdullah.
BANGI: The high crude oil prices (CPO) over the last few months were partly contributed by the confidence of other trading countries on the Perikatan Nasional government, according to Malaysian Palm Oil Board chairman Datuk Ahmad Jazlan Yaakub.
KUALA LUMPUR: The implementation of a windfall tax on glove companies that have benefited from the pandemic is a non-consistent policy which will a send a wrong signal to investors, according to Finance Minister Tengku Datuk Seri Zafrul Aziz.