Taxes
Mahathir Mohamad told UMNO delegates to be brave and openly criticise PM Najib Razak. But when he was the Malaysian prime minister from 1981 – 2003, anybody who criticised him would be dealt severely. Abdullah Badawi told UMNO delegates to manage the country fairly for the advancement of all races. But do you know that during […]
... written on Nov 28 2014Najib administration has done the unthinkable – to scrap the fuel subsidy of RON95 petrol and diesel altogether. Starting next month, December, the prices of RON95 petrol and diesel will be based on a managed float system. Note that this is based on “managed” and not “freely” float system. Thus, unlike in U.S. where one […]
... written on Nov 24 2014One of President Barack Obama’s greatest achievements, or rather screw ups, depending on whom you ask, is his latest “Executive Order” which adds 4 million new eligible immigrants, on top of the 1 million young immigrants who became eligible for deferred deportation under Obama’s original 2012 program. As to whether the executive action is unconstitutional […]
... written on Nov 24 2014After Scotland failed to get its independence, Britain prime minister David Cameron was relieved that his job is secured, at least for now. But his real problem is UKIP – UK Independence Party – the rising star that almost every Briton calls the real patriotic party worth voting for. Basically, the country has gone to […]
... written on Nov 03 2014The Government of Hungary was trying to do something unthinkable to its netizens. And it could be the first implementation in the world and the World Wide Web. But it was so outrages that almost every government doesn’t agree with it. As a result, tens of thousands of Hungarians (Reuters put the figures at 100,000) […]
... written on Oct 29 2014Denmark is one of the top countries to retire. But before you even think about retirement, this awesome country is already one of the best countries to live and work. Well, if you know about this country, you probably know that it consistently tops international rankings as the happiest nation in the world. So, it’s a no-brainer […]
... written on Oct 24 2014Sweden, also known as the Kingdom of Sweden, is the third largest country in the European Union. But the country which borders Norway and Finland has a total population of merely 9.7 million. People may not know or heard of Sweden, but they definitely know IKEA, the world’s largest furniture retailer founded in Sweden back […]
... written on Oct 13 2014Here’s Proof US Govt’s Burning Money – Record High Revenues $2.66 Trillion, But Deficit $589 Billion
Here are the good news and the bad news released by the United States Treasury. Congratulations to President Barack Obama – his administration has just delivered a new record in collection. Inflation-adjusted federal tax revenues hit a record US$2,663,426,000,000 for the first 11 months of the fiscal year this August. If you don’t know how […]
... written on Sep 14 2014Planning to migrate to Canada? Cool, but before you jump into the next available flight or ship, there’re tons of factors to consider. Besides the weather, accommodation, kids’ education, employment and what not, it pays to give the taxes a little thought. Besides, didn’t Benjamin Franklin said there were only two things certain in life […]
... written on Aug 13 2014The “Tax Season” is here, again. There have been some minor changes since our last article published in 2012. Our last article (read here) was based on old format of BE Form – a form for resident who does not carry on business in Malaysia. Since then, Inland Revenue Board of Malaysia has came out […]
... written on Mar 22 2014
