The shadow economy in Poland is projected to decrease slightly this year, making up 18.5% of gross domestic product, or PLN 756 billion (EUR 174.5 billion), according to the Institute of Economic Forecasting and Analysis (IPAG).
KUALA LUMPUR: The shadow economy involving foreigners who carry out business activities in their own names or that of our citizens should also contribute to the country’s revenue, said the Inland Revenue Board (LHDN).
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KUALA LUMPUR: The government's move to collect taxes from the shadow economy which is estimated to contribute about 30% to the Gross Domestic Product (GDP) is scheduled to be raised in the Dewan Rakyat on Monday (Nov 20).