Tax & Accounting

Individual Income Tax Amendments in Malaysia for 2021

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Malaysia’s government has introduced several income tax amendments that will impact individual taxpayers for 2021.

Tax Identification Numbers in Laos: Compliance by June 2021

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The government of Laos issued Notification 0831 in February 2021, which obligates all individuals liable to personal income to obtain a tax identification number.

Tax Measures Impacting Businesses in Malaysia for 2021

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Malaysia’s government has issued several tax measures in its national budget that will impact businesses in 2021.

Taxpayer Classification in Cambodia: New Criteria from January 2021

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The Cambodian tax authorities have issued a new taxpayer classification regime that will impact several business sectors.

How Malaysia’s PERMAI Stimulus Package Benefits Businesses

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In early January 2021, Malaysia launched the PERMAI stimulus package to support businesses.

Thailand’s Latest Tax Relief Package for Businesses to Reduce Operating Costs

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Thailand’s government has issued its latest tax relief package to assist businesses impacted by the pandemic.

Thailand Issues New COVID-19 Stimulus Package to Accelerate Investments

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Thailand’s Board of Investment issued its latest stimulus package to accelerate foreign investments in the country.

Audit and Compliance in Laos: A Guide for Foreign Investors

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The Enterprise law and the Law on Independent Audit are the main laws that establish audit requirements in Laos.

Myanmar’s Tax Relief for Businesses Impacted by COVID-19

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Myanmar’s government issued Notification 65/2020, which provides several tax relief measures for businesses impacted by the pandemic.

Understanding Labuan’s New Tax Framework

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Labuan, a federal territory of Malaysia, issued a new tax framework in early 2019, which impacts a variety of tax requirements, such as the abolition of the 20,000-ringgit tax ceiling.

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