Taxes
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Asia
India’s biggest GST overhaul in 8 years targets cost of living relief, but sparks revenue concerns
THE TARIFF FACTOR While the changes are aimed at helping to simplify a system deemed too complicated, economists say it…
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News
Canada U-turn leaves Europe in the lurch on US tech taxes
WHO HAS IMPOSED SUCH A TAX? Austria, Brazil, Britain, France, India, Italy, Spain and Türkiye are a dozen large countries…
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Asia
Malaysia’s goods and service tax hike: ‘Necessary’ but at what cost to businesses and consumers?
CUTBACKS AND HIGHER COSTS FOR CONSUMERS? Industry groups said they recognised the government’s fiscal objectives but have voiced concerns over…
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News
Trump’s tax bill could raise taxes on foreign companies
WASHINGTON — WASHINGTON (AP) — President Donald Trump likes to say he’s bringing in trillions of dollars in investments from…
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Mexico
U.S. House approves remittance tax, drawing criticism from Mexico
The U.S. House of Representatives on Thursday passed legislation that would impose a 3.5% remittance tax on funds sent abroad…
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United States
Republicans move ahead with Trump’s tax break bill and spending cuts
ADVERTISEMENT After a long wait, the Senate is launching action on President Donald Trump’s “big, beautiful bill” of tax breaks…
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United Kingdom
UK considers switching up tech company taxes to sidestep US tariffs
Currently, the UK is impacted by Trump’s 25% tariffs on all imports of steel and aluminium into the US. Washington…
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News
US businesses brace for Trump’s tariffs to drive up costs
WASHINGTON — From an ice cream parlor in California to a medical supply business in North Carolina to a T-shirt…
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United Kingdom
UK alcohol tax to jump from 1 February in new blow to industry
The UK’s alcohol sector is still struggling to recover from the lingering effects of the pandemic, as well as changing…
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Asia
Lower taxes on wish list of citizens, businesses ahead of India’s upcoming annual budget
LOWER CONSUMER SPENDING It is not just residents like Brahmadutt who are looking for tax incentives. Many small- and medium-sized…
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