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Taxes

China Punish Australia Again – Recession-Hit Aussie Saw Its A$2 Billion Cotton Industry Targeted

Australia’s economy officially plunged into recession in September after it registered two consecutive quarters of negative growth. Its GDP (gross domestic product) shrank 7% in the April-to-June quarter compared to the previous three months. Not only this is Australia’s first recession in nearly 30 years (since 1991), but also the deepest since the Great Depression […]

... written on Oct 17 2020

A Win For Biden Could “Reset” China-U.S. Relations – But China Is Well Prepared For Any Eventuality

China-U.S. relations over the next four years will depend on the outcome of the coming November presidential election, which is less than 30 days away. Therefore, whether the American voters realize it or not, they will not only decide the next president of the U.S., but also the future of China-US relations. It’s this reason […]

... written on Oct 09 2020

Effective Tips That Will Help You Monitor Your Money

Naturally, there are many reasons why you would want to be good with money; being good with money is more than just making ends meet. Managing your finances wisely can help you keep a good credit score and it also impacts the debts you carry.   If you thought that your paycheck was more than […]

... written on Sep 30 2020

How Billionaire Trump Paid Only $750 Income Taxes Despite Earning $427 Million From “The Apprentice”?

When The New York Times released a bombshell report on Sunday that Trump paid only US$750 (yes, less than a thousand bucks) in federal income tax in 2016 and 2017 while serving as the U.S. president, it immediately raised eyebrows. The explosive revelation was based on 18 years of tax documents (2000 to 2018). The best […]

... written on Sep 30 2020

Managing Taxes In Italy As An Expat

Italy is home to more than 5 million expats. For many of them the priority is to send international money transfer to support their families back in their home countries. A clear understanding of the prevailing tax regime can help maximize remittances. Here are some general ideas that can help cut through some of the […]

... written on Sep 30 2020

Covid-19 Pushes Asia Growth Lowest Since 1967 – 38 Million People Plunge To Poverty With Income Of $5.50 Per Day

No one is spared from the notorious Coronavirus. As the world still struggles to contain the pandemic, the ultimate trail of destruction to be left by the virus is unimaginable. The World Bank has a rough idea. According to its economic update on Monday, the international financial institution said that Asia is projected to grow by […]

... written on Sep 29 2020

6 Things You Have To Get Right When Starting A Business

Starting a business is a big commitment but can also be a great accomplishment. While there is a lot of advice out there about how to grow your business, there are some aspects that you need to get right from the get-go. In this article, we are going to talk about six things you have […]

... written on Sep 09 2020

After Bullying A Female Student Who Took Exam On A Tree, This Ministry Wants To Tax Online Shopping Worth RM18.6 Billion

According to Statista, the e-commerce market in Malaysia is worth a staggering US$4.455 billion in 2020. That’s US$4,455,000,000 or RM18,567,000,000 based on today’s currency exchange. Yesterday (Sept 8), Zahidi Zainul Abidin, the deputy Minister of Communications and Multimedia Ministry said the government plans to slap a new service tax for online shopping.   The proposal […]

... written on Sep 09 2020

Goldman Sachs’ $3.9 Billion Settlement In 1MDB Scandal – An Opportunity For Muhyiddin To Send Rival Najib To Jail

From saying he didn’t know Jho Low, to insisting no money had lost from 1MDB funds, to being clueless about US$681 million found in his personal bank accounts, to claiming he had been scammed by partner-in-crime Jho Low, former Prime Minister Najib Razak has been scraping the bottom of the barrel for excuses to escape […]

... written on Jul 25 2020

Australia Upset! – China Now Uses “Asian Discrimination” To Target Aussie’s A$38 Billion Education Industry

Australia continues to become the punching bag of China as diplomatic tensions between both countries go south after Canberra campaigned for an international inquiry into the source of Coronavirus outbreak. Beijing has mocked Australia, perceived as the U.S. “deputy sheriff” in the Asia-Pacific region, of parroting the U.S. in its call for the inquiry.   While Scott […]

... written on Jun 12 2020









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