Business
Europe: German stocks rise on tax relief package approval; Stoxx 600 touches one-week high
EUROPEAN stocks closed higher on Wednesday, buoyed by Berlin’s approval of a 46- billion euro (S$68.2 billion) corporate tax relief…
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Tax
Business
German Cabinet backs tax relief measures to boost business investment
Members of the German cabinet arrive at the Chancellery at the start of the Federal Cabinet meeting. Michael Kappeler/dpa The German…
Business
DeepSeek's R1 Upgrade Nears Top-Tier LLMs
DeepSeek today rolled out DeepSeek-R1-0528, an upgraded version of its R1 large language model that it says now rivals OpenAI's O3 and…
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Trump pardons Julie and Todd Chrisley, reality TV stars convicted in 2022 of fraud and tax evasion
President Donald Trump on Wednesday signed pardons for reality TV stars Julie and Todd Chrisley, who have been serving federal prison…
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US: Wall St opens mixed after Trump's tax Bill narrowly clears House test
Wall Street’s main indexes opened mixed on Thursday (May 22) after the US House of Representatives passed President Donald Trump’s tax…
Business
US: Wall Street opens lower with focus on Trump's tax Bill
Wall Street’s main indexes opened lower on Wednesday (May 21), as investors awaited the outcome of a pivotal debate around US President…
News
Top Spanish court drops tax complaint against ex-king Juan Carlos
Spain's Supreme Court said on Monday it had shelved a complaint lodged by a group of retired judges and other leading figures against…
Business
UOI Q1 profit before tax dips 3% to S$7.8 million on lower non-underwriting income
The fall is attributed to lower non-underwriting income, which dropped 12% to S$3.7 million United Overseas Insurance (UOI), the general…
Business
Local media report taken out of context in misleading posts about crude palm oil tax
Malaysia has no plans to implement a tax on crude palm oil in the near future, its finance ministry told AFP, rebutting social media posts…
News
Tax Deductions You're Missing Out On
When tax season rolls around, many small business owners miss out on valuable tax deductions that could save them money. Understanding…
Business
Italy extends big tech tax probe to Musk’s X social network
ITALY is claiming 12.5 million euros (S$17.4 million) from Elon Musk’s social network X following a tax probe running parallel to one into…
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China’s oil teapots rocked by tax rules that threaten closures
CHINA’S smaller, independent oil refineries are getting squeezed by a stricter tax regime, which could accelerate shutdowns in the…
News
Google pays 326 mn euros to settle Italy tax dispute: prosecutor
Italian authorities had accused Google of failing to declare and pay taxes on advertising income generated in the country (Kirill…
Business
Budget 2025: Tax incentives to beef up equities market could have ‘limited impact’, say industry experts
High-growth companies that are not yet profitable, for example, would find limited benefit from tax breaks The government will introduce…
Business
Tax incentives proposed by MAS review group not a ‘silver bullet’, say experts
TAX deductions and lower corporate tax rates may be among the incentives that the MAS equities market review groupconsiders as part of…
Business
Italy investigates Amazon over alleged 1.2 billion euro tax evasion
ITALIAN prosecutors are investigating e-commerce giant Amazon and three of its executives over alleged tax evasion worth 1.2 billion euros…
Business
MAS review group proposes tax perks to boost Singapore’s equities market; more details on Feb 21
THE Monetary Authority of Singapore’s (MAS) equities market review group proposes to introduce tax incentives to spur more listings and…
Business
MAS review group proposes tax perks to boost Singapore’s equities market as a start
THE Monetary Authority of Singapore’s (MAS) equities market review group proposes to introduce tax incentives to spur more listings and…
Business
Kia contests US$14 million India tax demand for wrongly using trade treaty exemptions
Tax investigations in India can drag on for years and are often a sore point for foreign companies KIA on Friday (Feb 7) said it is…
Business
BRC Asia Q1 profit after tax rises 13.9% to S$19.5 million
This is despite revenue falling 12.4% year on year to S$349.8 million, from S$399.2 million STEEL fabricator BRC Asia on Thursday (Feb 6)…
Business
Volkswagen sues India to quash ‘enormous’ US$1.4b tax demand, legal filing shows
Volkswagen has sued Indian authorities to quash an “impossibly enormous” tax demand of US$1.4 billion, arguing that the ask is…
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Crazy Tax Write-offs That Actually Worked
Ever thought about what you can write off on your taxes? Some folks have taken it to a whole new level with some pretty wild claims. From…
News
German town's tax on disposable packaging upheld at high court
Germany's Constitutional Court has upheld a special tax on disposable food and drink packaging levied by the small university city of…
Business
Vietnam plans tax breaks, fee cuts to lure overseas investors - The Business Times
VIETNAM’S authorities are planning a series of reforms to lure more overseas investors to the stock market in an effort to ensure…