Income tax

3 doctors fail in court challenge against IRAS ruling over tax avoidance scheme

The most senior doctor drew a monthly salary of $5,000 from the company they jointly set up, though he was paid $45,600 a month before moving to private practice.

French senators warn of wealth ‘black box’ in tax system

Wealth and how to tax it is an explosive issue in France.

HK plans tax cuts on bonus pay to lure top fund managers, sources say

A change in how it taxes performance bonuses will put Hong Kong ahead of Singapore on tax certainty for carried interest.

Forum: Government committed to supporting parenthood

Forum: Don’t diminish benefits of Working Mother’s Child Relief

US’ Internal Revenue Service to drop audits of Trump and family

US President Donald Trump (left) and First Lady Melania Trump during the Congressional Picnic on the South Lawn of the White House on May 19.

Spanish court orders $81 million tax refund to Shakira

The Spanish court said the tax authorities had failed to prove that Shakira spent more than 183 days in Spain in 2011.

Colombia court orders Petro government to return emergency funds

Colombian President Gustavo Petro addresses the Organization of American States (OAS) in Washington, D.C., U.S., February 4, 2026. REUTERS/Kylie Cooper

Brazil finance minister Haddad to run for Sao Paulo governor

FILE PHOTO: Brazil's Finance Minister Fernando Haddad speaks during a ceremony to launch a digital platform for tax reform in Brasilia, Brazil January 13, 2026. REUTERS/Adriano Machado/File Photo

In Washington state, democrats consider breaking a taboo: Taxing the rich

In 2025, voters in Seattle and its suburbs elected a slate of progressive candidates who campaigned on explicit promises of wealth redistribution.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.