Malaysia has introduced Goods and Service Taxation (GST) as of April 2016. Learn how this tax has been implemented and understand its projected impact on business throughout the country.
Thailand is seeking to position itself as a regional management center within ASEAN. Read more to learn about incentives offered by the Kingdom as well requirements needed to tap into these opportunities.
Malaysia has raised its minimum wage in a bid to incentivize a shift towards automated manufacturing. Learn the details of this new policy and understand its implications for specific sectors and the Malaysian economy at large.
The Duterte administration has successfully taken office and promises exciting changes for the Philippine economic landscape. A key highlight in its plans is a promise to lower income based taxation while supplementing government income with VAT hikes and slashes to investment incentives.
With the passing of Ruling No. 12/2015, it is time for Malaysian residents to double check their taxes. Section 104 of the Income Tax Act of 1967 had established that individuals with outstanding tax dues would be forbidden from leaving the country until the debt was settled, but this law was never enforced – until last year.
In this issue of ASEAN Briefing, we examine regional taxation in ASEAN through a comparison of corporate, indirect, and withholdings taxation. Read more for a more effective understanding of your tax options throughout the region.
Recent events have seen significant movement in tax and financing regulation within the Mekong region. Read more for analysis on Thailand’s Business Collateral Act, Myanmar’s Union Tax Law of 2016, and Cambodia’s most recent guidance on VAT invoicing.
In this joint analysis conducted by Dezan Shira & Associates and Winnindo Business Consult Indonesia, the issue of Representative Office Tax Treatment is explored. Read more to find out why companies such as twitter and Facebook have faced tax troubles and others may be exposed.
Withholdings tax can be among the most inhibitive forms of compliance associated with the remittance process. Find out how your operation can benefit from double taxation treaties through a close look at routing Chilean Investments through Singapore.
Singapore, long known for its exemplary investment climate and lucrative trading arrangements, continues to improve upon its competitiveness with the implementation of an updated Double Taxation Agreement (DTA) with Thailand. Here, we examine how companies can qualify for lowered withholding rates on their dividends, royalties, and interest payments.