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Tag: TAXATION

Business / Companies

Hoxton Wealth Reveals Financial Planning Insights for Expats in Qatar

May 2, 2025May 2, 2025 - by Allegra Nguyen - Leave a Comment

Hoxton Wealth’s event in Doha revealed that over 70% of expats are unsure about tax implications of their assets. Many prioritize wealth accumulation and retirement, yet only 35% have financial …

Hoxton Wealth Reveals Financial Planning Insights for Expats in Qatar Read More
Business / economics

South Africa Withdraws Planned VAT Increase Amid Political Opposition

April 24, 2025April 24, 2025 - by Liam Nguyen - Leave a Comment

The South African finance ministry has announced there will be no increase to value-added tax (VAT) slated for May 1, as initially proposed in the 2025 budget. The decision follows …

South Africa Withdraws Planned VAT Increase Amid Political Opposition Read More
economics

Trump Announces 20% Tariff on Jordan as Part of Trade Restructuring

April 3, 2025April 3, 2025 - by Marcus Chen - Leave a Comment

President Trump announced a 20% tariff on Jordan, termed as “Liberation Day” tariffs, as part of a strategy to reform U.S. trade policy. The tariffs are based on reciprocal rates …

Trump Announces 20% Tariff on Jordan as Part of Trade Restructuring Read More
Business / economics

Chile’s Social Security Reforms: Enhancing Retirement Benefits and Labor Costs

March 28, 2025March 28, 2025 - by Allegra Nguyen - Leave a Comment

Chile’s Congress has approved substantial social security reforms to enhance retirement benefits, which include significant increases in employer contributions and measures to boost competition among fund providers. The reforms will …

Chile’s Social Security Reforms: Enhancing Retirement Benefits and Labor Costs Read More
Business / economics / Technology

Brazil Delays Big Tech Tax Proposal Amid U.S. Trade Tension Concerns

March 27, 2025March 27, 2025 - by Allegra Nguyen - Leave a Comment

Brazil has postponed its big tech tax proposal due to fears of trade tensions with the U.S. Instead, the government plans to introduce regulations aimed at fostering competition among tech …

Brazil Delays Big Tech Tax Proposal Amid U.S. Trade Tension Concerns Read More
Business

Butte County and Chico Sales Tax Increase Impacts Consumers and Retailers

March 27, 2025March 27, 2025 - by Sofia Nawab - Leave a Comment

Measure H will raise sales tax in Butte County from 7.25% to 8.25% and in Chico from 8.25% to 9.25% effective April 1. This change influences consumer shopping behavior, especially …

Butte County and Chico Sales Tax Increase Impacts Consumers and Retailers Read More
Business / economics

Mozambique’s Income Tax Collections Rise Amid Economic Challenges in 2024

March 21, 2025March 21, 2025 - by Liam Nguyen - Leave a Comment

Mozambique’s income tax revenue increased by 4% to €2.226 billion in 2024, exceeding forecasts. Personal Income Tax and Corporate Income Tax showed significant contributions. However, the economy grew only 1.9%, …

Mozambique’s Income Tax Collections Rise Amid Economic Challenges in 2024 Read More
Business / economics

Former Credit Suisse Executive Fined for Compliance Failures in Mozambique Scandal

March 19, 2025March 19, 2025 - by Allegra Nguyen - Leave a Comment

Former Credit Suisse compliance head fined CHF100,000 for failing to report money laundering suspicions related to a $2 billion Mozambique financing scandal. The scandal involved loans to state-owned companies intended …

Former Credit Suisse Executive Fined for Compliance Failures in Mozambique Scandal Read More
Business / economics / Politics

Zimbabwe’s Government to Simplify Taxes and Regulatory Fees for Businesses

March 19, 2025March 19, 2025 - by Sofia Nawab - Leave a Comment

Zimbabwe’s government is reforming taxes and regulatory fees to simplify the business environment, reduce costs, and encourage economic growth. A review committee will assess regulations over the next six months, …

Zimbabwe’s Government to Simplify Taxes and Regulatory Fees for Businesses Read More
Business / economics

Brazil Increases Income Tax Exemption to Boost Consumer Confidence

March 19, 2025March 19, 2025 - by Allegra Nguyen - Leave a Comment

Brazil has raised the income tax exemption to $881 to enhance disposable income. This measure is part of President Lula Da Silva’s strategy to combat inflation’s effects and restore consumer …

Brazil Increases Income Tax Exemption to Boost Consumer Confidence Read More

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