Najib: GST is Malaysia’s saviour
The Initial Rollout in Malaysia was in May of 2013. GST went live in April of 2015.
“The Goods and Services Tax (GST) has proven to be the saviour of Malaysia’s economy even though there are claims it burdens the people, said Prime Minister Datuk Seri Najib Tun Razak.
He said GST revenue could cover the shortfall in government income as a result of the drop in world crude oil prices.”
Inland Revenue hopes to get politics out of its $1b-plus overhaul
Efforts are underway to take the political heat out of Inland Revenue’s $1 billion-plus Business Transformation project.
Inland Revenue deputy commissioner of change Greg James said he had received approval to brief Labour and other opposition parties on the progress of the project.
Major Improvement In Area Of Tax
The International Monetary Fund (IMF) team is currently on the island for the ninth quarterly review of the Jamaican economy under the extended fund facility.
Hawaii Tax Department Starts $32 Million Modernization Project
The state Tax Department is getting ready to enter the 21st century.
The five-phase Tax System Modernization project kicked off with an announcement Thursday promising a wide range of improvements, including faster refunds on tax returns, better customer service and fraud protection.
When Software and Taxes Hookup
Unless you are an accountant, taxes are probably not very sexy to you; and unless you are in IT, software implementation can be a real snooze. However, today’s post focuses on a time when these two topics converged to create a seriously impactful data story.
Since launching its new integrated revenue system called RevKC, in June 2013, the City of Kansas City, Missouri has experienced a significant increase in the collection of earnings taxes from delinquent taxpayers; more than $4,636,758 since the fall of 2014. In perspective, for the same time period (six quarters of data) in the previous fiscal years, the city only collected $189,398. That’s an increase of $4.4 million!
This is all because the new system RevKC does something that could not previously be easily done by the City’s Revenue staff –automatically match City taxpayer records to the Internal Revenue Service (IRS) database.
State Tax Systems in the Age of Hackers
Interesting information has flown under the radar in recent news accounts about stolen identity tax refund fraud.
State works to reduce MVD wait times
Business transformation: IRD pulls a Fast one
US-based Fast Enterprises is to be the lead designer and preferred software provider for Inland Revenue’s massive business transformation project.
A New Look for Payroll Forms in Idaho
Idaho business owners struggle to keep up with increasing regulations and paperwork every year—especially when payroll is involved. Thankfully, the two Idaho payroll taxing agencies are making it easier to stay ahead of deadlines and reduce paper clutter at the same time.
Fast Enterprises Supports Teach For America ‐ Detroit
For 8 weeks Fast Enterprises employees, “FASTies”, across the country hosted a fitness challenge, “Exercise for Education”, benefiting Teach For AmericaDetroit. Fast Enterprises teams in each region competed each week to see who could log the most exercise. In the end, Fast Enterprises’ partners matched FASTies exercises with a donation of $16,400.