Tax & Accounting

Cambodia Eases Financing for Businesses Impacted by COVID-19


Cambodia’s government has issued a variety of new measures to assist businesses impacted by the coronavirus outbreak.

How to Take Advantage of New Incentives in Thailand’s Medical Industry


ASEAN Briefing explains the incentives issued by Thailand’s Board of Investment (BOI) for manufacturers of medical equipment in the country.

Indonesia Issues Tax Incentives for COVID-19 Support


The Indonesian government has granted tax incentives and deductions for domestic taxpayers who have contributed to tackling the COVID-19.

Indonesia Issues Regulation on Taxing Digital Services


Indonesia introduced Reg 48/2020 in May 2020, which imposes a 10 percent VAT on digital service providers.

Indonesia Issues Implementing Regulation for Interest Subsidies Program


Indonesia’s issued implementing Regulation 65/2020, which addresses the criteria for which businesses can receive interest subsidies.

Thailand to Impose Digital Service Tax: Impacting Foreign Providers


The Thai government has approved draft legislation that will allow the country to impose VAT on international digital service providers.

Malaysia’s PENJANA Stimulus Package: Key Features


Malaysia issued its latest stimulus package on June 9, 2020, valued at 35 billion ringgit (US$8.1 billion).

The Philippines Prepares New Stimulus Program: CREATE Act


The Philippines is preparing to issue the CREATE Act to accelerate reforms of the country’s corporate tax system.

Laos Introduces Exemptions from Penalties for Late Filing and Payments of Taxes


Laos’ Ministry of Finance issued Notification 1061/MOF which provides exemptions from penalties for businesses for the late payment and filing of taxes.

More Businesses in Indonesia to Avail Special Tax Incentives as Part of COVID-19 Stimulus


The Indonesian government is planning to extend the business sectors eligible for tax incentives set out in the second COVID-19 stimulus package.

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