Search results
Results from the WOW.Com Content Network
In 2010 the notion "offshore" was excluded from all the statutes of Labuan due to world pressure on the tax havens and offshores. Since its inception, the jurisdiction has expanded to become a base for more than 4,800 offshore companies and 68 licensed banks.
A tax haven is a term, often used pejoratively, ... In April 2009 the OECD announced through its chief Angel Gurria that Costa Rica, Malaysia, the Philippines and ...
Labuan International Business and Financial Centre (IBFC) is a special economic zone of the Malaysian government based on the island of Labuan off the Borneo coast. It was established in 1990 and has been marketed as having a unique position to tap investment opportunities in Asia and beyond.
Due to the level of taxation in much of the industrialized world, many turn to tax havens. Tax havens are places where individuals and companies go to avoid paying higher taxes. Find Out: The Cost ...
Tax havens offer very low tax rates to foreign and domestic investors. While we often think about the business implications of tax havens, there can also be implications for individuals. Here are ...
The hoisting of British flag for the first time on Labuan on 24 December 1846 following its foundation as a Crown colony. Since 1841, when James Brooke had successfully established a solid presence in northwestern Borneo with the establishment of the Raj of Sarawak and began to assist in the suppression of piracy along the island coast, he had persistently promoted the island of Labuan to the ...
The Federal Territories (FT), (Malay: Wilayah Persekutuan; Jawi: ولايه ڤرسکوتوان ) in Malaysia comprise three territories—Kuala Lumpur, Labuan, and Putrajaya—governed directly by the Federal Government of Malaysia. Kuala Lumpur is the national capital of Malaysia, Putrajaya is the administrative capital, and Labuan is an ...
Donations to a Malaysian orangutan conservation programme will be eligible for tax relief, including on funds that come from palm oil industry players, the overseeing foundation said on Wednesday.