Trouble for Tax, Tourism & Triple-A Ratings?
The Morning Run Crew
10-Jan-19 07:45
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The Morning Run crew gives you their take on today's business headlines:
00:13 - The IRB is estimating to collect about RM10 billion through their Special Voluntary Disclosure Programme (SVDP). We look into this projection and also the estimated revenue from tax collection as a whole this year.
06:14 - We take a look at the arrest of former Tourism Malaysia chairman, Datuk Siew Ka Wei, who has been remanded by the MACC for alleged abuse of power as well as how tourism in Malaysia has fared in the past few years.
10:46 - Fitch warns that the U.S. is in danger of having their Triple-A sovereign credit rating cut, due to the ongoing government shutdown. In other news, Nomura just downgraded Malaysian shares from "neutral" to "underweight".
Presented by: Joyce Goh, Julian Ng
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Categories: Business Analysis
Tags: IRB, SVDP, income tax, company tax, tax revenue, Fitch, United States, Nomura, ratings, US government shutdown, Tourism Malaysia, tourism,
