January 9, 2009
IRS to allow $30 to $60 phone tax refund
Washington- Consumers can claim a standard $30 to $60 refund next year for a tax on long-distance telephone calls that the government declared invalid, the Internal Revenue Service announced Thursday.
Some mull a sales tax alternative
Instead of increasing the sales tax as proposed by Gov. Jon Corzine, some lawmakers are considering cutting the tax by a penny but expanding it to attorneys, accountants and other professionals, the Senate budget committee chairman said yesterday.
Malaysia's Yeo Aik Reports 10 PCT Jump In Q1 Pre-Tax Profit
Yeo Aik Resources Berhad (KLSE:7152) has booked a 10.0 per cent jump in first quarter group pre-tax profit to RM3.973 million (US$1.1 million), which was largely contributed by its furniture business.
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