tag:blogger.com,1999:blog-1818772382830913568.post9066233851307195082..comments2023-10-31T19:57:34.988+08:00Comments on As Zewt As It Gets: My glimpse on the budgetzewthttp://www.blogger.com/profile/05825991430180369393noreply@blogger.comBlogger26125tag:blogger.com,1999:blog-1818772382830913568.post-54878510963264325382008-09-28T21:15:00.000+08:002008-09-28T21:15:00.000+08:00SLACKER - the problem is.. we all know what we nee...<B>SLACKER</B> - the problem is.. we all know what we need... we all know what needs to be done to get what we need... but we also know, it wont happen. i just came back to singapore... how i wish we are like them.zewthttps://www.blogger.com/profile/05825991430180369393noreply@blogger.comtag:blogger.com,1999:blog-1818772382830913568.post-15089537548115727632008-09-23T16:56:00.000+08:002008-09-23T16:56:00.000+08:00i thoroughly enjoyed this post. i totally agree wi...i thoroughly enjoyed this post. i totally agree with your point of view on the recent budget. <BR/><BR/>as you know, i deal with tax audits and transfer pricing... the rigidness of the RA claim today will effect alot of companies and with thin cap in the picture... virtually all mncs run the risk of transfer pricing exposure....<BR/><BR/>i like ur nasi lemak analogy... however i dont really have SLACKERhttps://www.blogger.com/profile/10192920224679531567noreply@blogger.comtag:blogger.com,1999:blog-1818772382830913568.post-89837908426433060052008-09-19T11:46:00.000+08:002008-09-19T11:46:00.000+08:00KittyCat - we should have all done something in ma...<B>KittyCat</B> - we should have all done something in march 2008. sometimes, we have to cease the moment. for now, the supposed hope lies in the hand of one man.zewthttps://www.blogger.com/profile/05825991430180369393noreply@blogger.comtag:blogger.com,1999:blog-1818772382830913568.post-34723097001448324522008-09-18T00:02:00.000+08:002008-09-18T00:02:00.000+08:00I couldn't agree with you more and I also have ano...I couldn't agree with you more and I also have another question: "Isn't there anything that we could do?"<BR/><BR/>I'm ashamed to say that I've only brushed up on my politics in March 2008. As the next election is ages away, is there really anything anyone can do? <BR/><BR/>Kind of frustrating esp as I'm reading funny, funny news about Malaysia while I'm abroad. It's really embarrassing!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1818772382830913568.post-1479376067227540522008-09-17T11:37:00.000+08:002008-09-17T11:37:00.000+08:00YoYo - it's not that i dont support the rules, jus...<B>YoYo</B> - it's not that i dont support the rules, just that when u wanna implement something, you have to do it properly. but our system is not ready to do that, or should i say, not capable of doing that, or anything at all for that matter.<BR/><BR/><B>myop101</B> - well, since we are looking at a potential collapse... who cares right? :P<BR/><BR/><B>erm</B> - and look outward from therein..zewthttps://www.blogger.com/profile/05825991430180369393noreply@blogger.comtag:blogger.com,1999:blog-1818772382830913568.post-32821211948706872522008-09-11T17:13:00.000+08:002008-09-11T17:13:00.000+08:00there is always holes in the tax......every biz ty...there is always holes in the tax......every biz tycoon would just smile<BR/><BR/>in order to make changes...we should dwell from the insideAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1818772382830913568.post-12817506410258183202008-09-11T08:16:00.000+08:002008-09-11T08:16:00.000+08:00oops...forgot to tell you. ECM Libra is now an inv...oops...forgot to tell you. ECM Libra is now an investment bank...myop101https://www.blogger.com/profile/10946106541684904249noreply@blogger.comtag:blogger.com,1999:blog-1818772382830913568.post-9975602377995472362008-09-10T08:11:00.000+08:002008-09-10T08:11:00.000+08:00what i meant by resource allocation involves downs...what i meant by resource allocation involves downsizing a bloated civil service la... and get proper people to do the tax investigation and audit on the IRB side...:P<BR/><BR/>as for the re-budgeting part, tsk tsk...you are talking about Malaysia la... even though we have the same govt since 1957, our govt has flipflopped many times on policies...<BR/><BR/>part of the risk of doing business here myop101https://www.blogger.com/profile/10946106541684904249noreply@blogger.comtag:blogger.com,1999:blog-1818772382830913568.post-33939124362528720662008-09-09T22:05:00.000+08:002008-09-09T22:05:00.000+08:00Thought the fella sold his ECM Libra shares to den...Thought the fella sold his ECM Libra shares to deng-deng-deng-deng-deng-deng-deng-deng...? For a laughable figure (read obscene). Guess he finally went complaining to bapak mertua about his 5% being deducted every six months, huh?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1818772382830913568.post-23478491178424119352008-09-09T21:49:00.000+08:002008-09-09T21:49:00.000+08:00The budget announcement may just make things more ...The budget announcement may just make things more complicated and difficult (also costly) for businesses. A tax system in my humble view, should be simple, easy to understand and administer. <BR/><BR/>Countries like the US and Australia are trying to reduce the complexity of their tax system, and we should look at moving this way as well. I support the Hong Kong model, where tax is low and Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1818772382830913568.post-13393430540073246522008-09-09T21:37:00.000+08:002008-09-09T21:37:00.000+08:00huei - also sending everyone to taiwan for holiday...<B>huei</B> - also sending everyone to taiwan for holiday... also coincident!<BR/><BR/><B>terra shield</B> - things can be changed so long as the authorities listen to the cry of the trade association and put forward true economincal viable measures.<BR/><BR/><B>anon @ 9/9 1.57pm</B> - you're welcome.<BR/><BR/><B>constantly craving joe</B> - hahahaha... yup... i got that confirmed!<BR/><BR/><B>zewthttps://www.blogger.com/profile/05825991430180369393noreply@blogger.comtag:blogger.com,1999:blog-1818772382830913568.post-58916315355767161802008-09-09T21:34:00.000+08:002008-09-09T21:34:00.000+08:00mistipurple - hahaha... congrats, u have just mast...<B>mistipurple</B> - hahaha... congrats, u have just mastered basic economics.<BR/><BR/><B>dan-yel</B> - always a pleasure.<BR/><BR/><B>whoalse</B> - more to come i am sure.<BR/><BR/><B>pavlova</B> - i know what you mean, but it was getting too long hehehe.... <BR/><BR/><B>flaminglambo</B> - 2 SUB sections!<BR/><BR/><B>myop101</B> - resources reallocation? how? they have also removed the 'zewthttps://www.blogger.com/profile/05825991430180369393noreply@blogger.comtag:blogger.com,1999:blog-1818772382830913568.post-38948789945290608792008-09-09T18:49:00.000+08:002008-09-09T18:49:00.000+08:00Thanks for this post.=)ECM Libra man. Gee....Thanks for this post.<BR/>=)<BR/>ECM Libra man. Gee....Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1818772382830913568.post-77244829955169490062008-09-09T17:48:00.000+08:002008-09-09T17:48:00.000+08:00"Genuine brilliant ideas to improve things, when p...<I>"Genuine brilliant ideas to improve things, when put forward, tend to end up just like this blog-post… be read, perhaps attract some comments… and be forgotten."</I><BR/><BR/>That's business as usual in Malaysia, innit? Sighs...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1818772382830913568.post-61122181291532738562008-09-09T16:27:00.000+08:002008-09-09T16:27:00.000+08:00i feel this budget is too good to be true!do we re...i feel this budget is too good to be true!<BR/><BR/>do we really have this kinda money to do all this CHARITY?<BR/><BR/>hahahaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1818772382830913568.post-85983693794376786812008-09-09T15:37:00.000+08:002008-09-09T15:37:00.000+08:00now readin on thin cap rules for my tax paper..aha...now readin on thin cap rules for my tax paper..ahah just counted..got 16 subdivisions in the act that talks abt thin cap..not to mention 1 subdiv got sub sub section..so yeah i reckon 40 pgs is abt right.."Joe" who is constantly cravinghttps://www.blogger.com/profile/10394450113346260318noreply@blogger.comtag:blogger.com,1999:blog-1818772382830913568.post-45813506592328032012008-09-09T13:57:00.000+08:002008-09-09T13:57:00.000+08:00Very enlightening. Thanks!Very enlightening. Thanks!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1818772382830913568.post-41942639113040375682008-09-09T13:10:00.000+08:002008-09-09T13:10:00.000+08:00I was a product of the science stream, so this is ...I was a product of the science stream, so this is something new I've learnt. I must admit though that reading between the lines, we may be headed towards difficult times in the future? (Shudders!!)Terra Shieldhttps://www.blogger.com/profile/00039195435967190497noreply@blogger.comtag:blogger.com,1999:blog-1818772382830913568.post-14828262484825080002008-09-09T09:27:00.000+08:002008-09-09T09:27:00.000+08:00"it might just drive a lot of foreign investors aw..."it might just drive a lot of foreign investors away" <BR/>they already are! thats y my ex guai lou boss close down the company la! XD<BR/><BR/>n coincident it is..just like how they invest a whole bunch to develop east msia..coincindent indeed!<BR/><BR/>forgotten? noo! ofcourse not! they'll definitely put ideas into consideration..it's just that they're so buzy, u know, so those will just gona Hueihttps://www.blogger.com/profile/11948594966373376125noreply@blogger.comtag:blogger.com,1999:blog-1818772382830913568.post-14326099427908131892008-09-09T09:17:00.000+08:002008-09-09T09:17:00.000+08:00dear zewt,i just glance through the "tax commentar...dear zewt,<BR/><BR/>i just glance through the "tax commentary booklet". it would seem to be rather brief like you said and referring to the finance bill would be best.<BR/><BR/>anyhow, here's my 2 sen based on reading on the reinvestment allowance.<BR/><BR/>i noticed they are tightening the rules like you said. as a non-mfg person, my gut feel is that 5 years wait is kinda long but then again, tomyop101https://www.blogger.com/profile/10946106541684904249noreply@blogger.comtag:blogger.com,1999:blog-1818772382830913568.post-45449501402783452372008-09-09T08:23:00.000+08:002008-09-09T08:23:00.000+08:00well zewt,i hear you. but what to do when our govt...well zewt,<BR/><BR/>i hear you. <BR/><BR/>but what to do when our govt is running at 13th consecutive year of deficit?<BR/><BR/>there are lots of mouths to be fed, what with a long queue of people lining up to join civil service and Malaysia has the highest density of civil servant per capita in this region?<BR/><BR/>like you pointed out, a good tax audit enforcement should do the trick rather myop101https://www.blogger.com/profile/10946106541684904249noreply@blogger.comtag:blogger.com,1999:blog-1818772382830913568.post-27452618803010792642008-09-09T07:28:00.000+08:002008-09-09T07:28:00.000+08:00Fark me. Thin cap rules in 2 sections. Must be ray...Fark me. Thin cap rules in 2 sections. Must be raya season.flaminglambohttps://www.blogger.com/profile/16994256549886024517noreply@blogger.comtag:blogger.com,1999:blog-1818772382830913568.post-6285130184195180442008-09-09T06:38:00.000+08:002008-09-09T06:38:00.000+08:00interesting entry, but could you enlighten how thi...interesting entry, but could you enlighten how this is going to affect ppl's everyday life? <BR/><BR/>i get that, but i think to hammer in your point, you've got to explain how all these tax incentives can affect one's rice bowl. if not they're just not going to care... <BR/><BR/>my 2 cents worth :)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1818772382830913568.post-21388899034349734302008-09-09T06:02:00.000+08:002008-09-09T06:02:00.000+08:00Very interesting budget.......let's see what are i...Very interesting budget.......let's see what are in store (or not) for PR-led states.whoalsehttps://www.blogger.com/profile/00654970783287006690noreply@blogger.comtag:blogger.com,1999:blog-1818772382830913568.post-13123739587164686362008-09-09T00:09:00.000+08:002008-09-09T00:09:00.000+08:00Hey Zewt, thanks for educating us on this. This is...Hey Zewt, thanks for educating us on this. This is very enlightening.Dan-yelhttps://www.blogger.com/profile/10297946918853761040noreply@blogger.com