...ficient use of overseas business opportunities. Apple’s representative expressed the official position of the company. They indicate that moving subsidiaries did not affect their tax burden in any way and Apple remains one of the world’s largest taxpayers. Corporate income tax, property tax, payroll tax, sales tax and other types of fees – all these payments are still processed by the compan...

...tax practice**. The Malaysian Central Bank and its leaders are very concerned about the future of Labuan. The plan for the nearest future is to fight harmful tax competition, adjust taxation rules to be more transparent, change tax incentives for taxpayers and make other adjustments. Labuan feels the urge to improve now, since this tax regime was created in 1990, things have changed and the...

...or business and/or on implementing renewable energy, will have deduction period. It is proposed to have a 1-year assessment period for all categories, but it is not a final, definite period. It is reasonable to monitor changes on this matter. • taxpayers might have a maximum HKD30,000 (USD3,830) tax for 2017-2018. This will work for salaries tax, profit tax and tax under the personal assessme...

The **tax amnesty** season has already started and today we have important news for the residents of **St. Vincent and the Grenadines**. This territory revealed the latest budget with **good news for taxpayers**. It refers to both, private individuals and companies. Legal entities will have company **tax reduced by 2.5%**. Also, the hotel owners will have to pay **1% less income tax**. These a...