Annual reporting and compliance deadlines are rapidly approaching in Thailand. With this in mind, the following article provides an overview on how to ensure compliance with Thai Financial Reporting Standards (TFRS).
Thailand’s vote this past May to implement a new transfer pricing law is expected to come into effect in the early part of the new year, effecting compliance requirements in the country.
On November 5th, Indonesia unveiled its sixth economic stimulus package since September, the most recent incentive aimed at revitalizing its under-performing economy, introducing new SEZ tax incentives and holidays.
In this article ASEAN Briefing will look at the tax and other incentives provided to companies seeking to invest in renewable energy in Singapore, as well as examine those of other countries within ASEAN.
In the final installment on the Association of South East Asian Nation’s (ASEAN) adoption of IFRS, ASEAN Briefing touches on the state of harmonization in the Philippines as well as the regional bloc’s frontier economies.
In part two of this three part series on the state of IFRS adoption in the Association of South East Asian Nations, ASEAN Briefing highlights the alignment of Indonesia and Thailand with international reporting standards.
In part one of this three part series on financial reporting within the Association of South East Asian Nations, ASEAN Briefing outlines the state of IFRS implementation in two of the regions most capitalized economies – Singapore and Malaysia.
Indonesia has announced that it will provide tax relief to exporters on the interest earned from deposits in local banks. The move is part of a larger policy package, launched last month, which aims to jumpstart the economy through greater investment. The performance of the country’s economy has been disappointing for some time now, and the rupiah continues to be weak, falling to its lowest level since the 1997-98 Asian Financial Crisis at the beginning of 2015.
The Inland Revenue Authority of Singapore (IRAS) has released new information on its website relating to compliance with the Foreign Account Tax Compliance Act (FATCA).
The Philippines’ government is set to approve a bill that will reduce the country’s corporate and personal income tax rates. Once implemented, the lowered rates are expected to be a boon for low and middle-income earners.