Taxes
Deloitte proposes tax framework adjustments, AI support in Budget 2026 wish list
It also suggests measures to support workers
Billionaire founder of wine giant appeals US$411m Swiss tax bill
PIERRE Castel, co-founder of one of the world’s largest wine traders, is appealing against an order to pay hundreds of millions in Swiss back-taxes, his lawyer said Thursday (Oct 13).
HSBC agrees to pay 300 million euros to end French tax dividend probes
The settlement recognises the bank’s cooperation and the corrective measures it took to address the historic issues
OECD finalises agreement to exempt US-based multinationals from 15% global minimum tax
This comes amid rising tensions over digital taxes
EY proposes AI, green transition support, tax system tweaks in Budget 2026 wish list
The firm is also calling for measures to support the green transition and the workforce
CNMC Goldmine shares fall 1.8% on extra tax, penalty in Malaysia
After falling as much as 7.3%, the stock recovers to close S$0.02 lower
CNMC plans to appeal against additional tax assessment of RM29.6 million imposed on Malaysian unit
The notices were raised in relation to the disallowance of management fee expenses paid by the subsidiary to the gold-mining company
US threatens retaliation over ‘unreasonable’ EU tech regulations
USTR said European companies could be targeted as retaliation
Trump administration plans to boost tax break for corporations
THE US Treasury Department is preparing to release a corporate tax workaround that would deliver large tax savings to companies including Salesforce and Qualcomm.
Trump says he may cut income tax ‘completely’ because of tariff income
[PALM BEACH, Florida] US President Donald Trump said on Thursday his administration may slash income tax completely over the next couple of years because of government revenue generated from tariffs.
