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Value Added Tax termed 'Goods and Services and Sales Tax on Luxury Goods' Law ("Undang-undang Pajak Pertambahan Nilai atas Barang dan Jasa dan Pajak Penjualan atas Barang Mewah"/UU PPN and PPn BM): Law No. 8/1983, amended I by Law No. 11/1994, amended II by Law No. 18/2000, amended III by Law No. 42/2009, partially amended by Law No. 7/2021;
Short title: RANCANGAN; Author: Erdinal Hendradjaja: Date and time of digitizing: 19:58, 23 February 2009: Software used: PScript5.dll Version 5.2: File change date and time
[1] [2] [3] However, Sri Mulyani was widely criticized for supporting a bailout of Bank Century in 2008, which cost the government 6.7 trillion rupiahs. Although she believed it was the right decision, she resigned in 2010 and took a position at the World Bank as Managing Director, before returning as finance minister in 2016.
Quebec general election, 2008: Premier Jean Charest leads the Liberal Party to a third mandate and a majority government. Pauline Marois's Parti Québécois recovers and becomes the Official Opposition. Support for the ADQ collapses: it loses more than 30 seats and leader Mario Dumont announces his resignation.
Total spending was cut, following on from gradual cuts of nearly 2% of GDP over the decade of the Howard government. Changes to taxation prompted then Shadow Treasurer Malcolm Turnbull to claim the increased taxation will contribute to inflation, but Swan argued [3] that the tax will affect only high income-earners, dispelling any "custodian" line of attack. [4]
October 14, 2008: Having been suspended for three successive trading days (October 9, 10 and 13), the Icelandic stock market reopened on October 14, with the main index, the OMX Iceland 15, closing at 678.4, which was about 77% lower than the 3,004.6 at the close on October 8, after the value of the three big banks, which had formed 73.2% of ...
2008 United States presidential election: Voters in New Hampshire go to the polls for the first primary election to determine presidential nominees for the Democratic and Republican parties. New York Senator Hillary Clinton wins the Democratic primary. Arizona Senator John McCain wins the Republican primary.
While he served as Secretary of the U.S. Treasury Department his wealth peaked at around US$300–400 million. Personal income tax receipts rose from US$719 million in 1921 to over US$1 billion in 1929, an average increase of 4.2% per year over an 8-year period, which supporters attribute to the rate cut. [16]