January 9, 2009
PHILIPPINE SENATE EYES INCOME TAX EXEMPTION FOR MIN WAGE EARNERS
Regulations / Law Senator Ralph Recto on Thursday disclosed that Senate is now seriously looking for measures to raise the personal income tax exemptions of minimum wage earners.
Venezuela to tax foreign oil co. profits
Venezuela moved Tuesday to take a greater cut of windfall oil profits, approving a 50% tax on foreign oil companies when crude tops US$70 a barrel.
THE Federal Government's tax cuts could provoke the Reserve Bank into more interest rate rises and in the process hit the New South Wales economy for six, a leading economic forecaster has warned.
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