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    Malaysia Continues to Streamline its Goods and Services Tax

    Malaysia is continuing its streamlining of its Goods and Services tax (GST). Among the recent changes are a revised GST guide on the country’s Warehousing Scheme, a new guide on filing GST-04 returns, and the possibility of expanding the list of goods not subject to GST.

  • by Reading Time: 2 minutes

    Singapore to Impose New Individual Income Tax Rates in 2017

    Singapore’s Inland Revenue Authority has announced that, beginning in 2017, there will be new income tax rates for both resident and non-resident individuals in the country. Many of those affected will see their tax rates increase.

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    EU Gets a Handle on Cambodian Re-Exported Bicycles with New Tariff

    The European Union has imposed a 48.5 percent duty on Cambodian bicycle exports to put the brakes on Cambodia flooding the market with Chinese-sourced models dumped in the single market at below cost price.

  • by Reading Time: 4 minutes

    Malaysian PM Strongly Supports Goods and Services Tax

    A range of Malaysian politicians have strongly criticized the country’s recently implemented goods and services tax (GST), causing Prime Minister Najib to step into the fray and reiterate his reasons for the new tax.

  • by Reading Time: 4 minutes

    Indonesia Extends Tax Holiday in Bid to Attract More Foreign Investment

    Indonesia has announced plans to extend the validity of the country’s tax holiday from the current 10 years to a maximum of 15 years. The tax holiday applies to investments over IDR 1 trillion (US$76 million), labor-intensive investments, and investments into eastern Indonesia (an economically poorer region). Additionally, the tax holiday will be applied to investments into “pioneer” sectors.

  • by Reading Time: 6 minutes

    ASEAN’s 2015 AEC Compliance Deadline – What It Actually Means

    Chris Devonshire-Ellis explains what the much publicized “AEC Deadline” which is due at 31st December 2015 really means for your business in ASEAN.

  • by Reading Time: 4 minutes

    The Philippines Calls for a Further Simplified Tax System

    Over the past year, the Philippines has been making great strides in improving its business environment. Chief among these improvements has been the government’s efforts to simplify the country’s tax system. While the initial steps in this area have met with some success, there have been calls from within and outside of the government to further improve the tax system.

  • by Reading Time: 5 minutes

    Malaysia GST: Implications for Manufacturers

    Malaysia has introduced a new Goods and Services Tax of six percent. However, the country’s Customs Department has said that confusion over the new tax will last six months to a year. Consumer concerns regarding the GST have been over price increases, whereas businesses concerns have focused on compliance costs and its effect on competitiveness.

  • by Reading Time: 5 minutes

    Malaysia GST Implementation on April 1, 2015

    The Malaysian government is preparing to implement the Goods and Services Tax (GST) on April 1, 2015.

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    Thailand’s Government to Cut Land and Buildings Tax and CIT Rates on SMEs

    Thailand’s government has announced that it will be cutting the tax rates on its Land and Building tax, as well as on its Corporate Income Tax rates for small and medium-sized enterprises.

Showing 10 of 153 articles