Malaysia Signs Tax Compliance Agreement With US To Share Info On Tax Evaders 23 Jul - 2 min read
Malaysia has signed a tax compliance agreement with the United States, joining 113 countries in implementing the Foreign Account Tax Compliance Act (FATCA). FATCA is an initiative by the US aimed at facilitating the exchange of information on tax matters, especially on US citizens.
The Ministry of Finance Malaysia revealed that the enactment of FACTA came following the conclusion of an intergovernmental agreement signed on 21 July. The signing of the agreement between treasury secretary-general Datuk Asri Hamidon and US ambassador Brian McFeeters took place virtually in the presence of Deputy Finance Minister II Mohd Shahar Abdullah.
Maybank Chosen As The Only Local Bank To Join The Shop Malaysia Online Campaign says.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from says.com Daily Mail and Mail on Sunday newspapers.
05 Jul 2021 / 09:34 H. Ignatius Ong, Chief Executive Officer, TNG Digital Sdn Bhd
PETALING JAYA: Touch ‘n Go Group has entered a partnership with the Ministry of Finance of Malaysia (MOF) and the Malaysia Digital Economy Corporation (MDEC) to drive the Belanjawan 2021 (National Budget) initiatives, aimed to support local businesses and encourage online purchases.
The Go-eCommerce Onboarding and Shop Malaysia Online (SMO) campaigns, as announced by MDEC, runs from July 1 to Dec 31.
“As the pandemic continues to fuel eWallet adoption and digital payments, getting more SME and Micro merchants to adopt e-commerce and e-payment platforms via Touch ‘n Go eWallet is something that we strongly encourage as these merchants will have access to more than 16 million users across Malaysia. With the country moving towards digitalisation and ePayments, Touch ‘n Go eWallet is the obvious choice for both merchants and shoppers,” said Ignatius Ong, Chief Executive Officer, TNG Digital
The Food Aid Programme, driven by the Cultural Economy Development Agency (Cendana), aims to help 1, 500 artists and cultural workers across the nation. Photo: Cendana
With the extension of Phase One of movement control under the National Recovery Plan to curb the spread of Covid-19, the cultural and creative sectors will continue to remain shut.
The ongoing closure of performing arts spaces and the suspension of cultural events - which began in the Klang Valley on May 7 before the implementation of total nationwide lockdown on June 1 - has left the arts scene nationwide verging on Covid-induced collapse.
The immediate measures now are to get food aid to arts communities and individuals who are negatively impacted by the pandemic and the various lockdowns.
AMMB sees net loss in FY21 on impairments thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.