The Hidden Tax Trap: Why AI Scam Victims Face Double Devastation
Victims of AI-driven investment scams face an unexpected second blow: tax bills on stolen retirement funds. A bipartisan US bill seeks to reform tax rules that penalise fraud victims.
#tax-policy
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Philippines Charts Tax Relief Course as Middle East Crisis Strains Economic Outlook
Philippine President Ferdinand Marcos has unveiled tax relief proposals targeting workers and small businesses, citing ongoing Middle East tensions and their impact on household finances and entrepreneurial activity.
Malaysia to Review E-Invoice System and Foreign Worker EPF Contributions Amid Economic Pressures
Malaysia's Cabinet has agreed to review the e-invoice system and mandatory EPF contributions for foreign workers, with consideration for possible postponement citing global economic challenges.