Laos to Implement New Income Tax Rates
Laos’ new Income Tax Law will come into effect on February 17, 2020, and sets out the latest tax rates for businesses and employees.
Malaysia’s New Digital Service Tax: Impacting Foreign Providers
Starting January 1, 2020, foreign digital service providers must pay digital service tax in Malaysia.
Goods and Services Tax in Singapore: New Obligations for Digital Service Providers
Singapore issued the Overseas Vendor Registration regime, which obligates foreign digital service providers to register and pay for goods and services tax.
Tax Incentives for Human Resource Development in Thailand
Thailand is offering up to 200 percent corporate income tax deductions for businesses that invest in human resource development. Read on to learn more.
Indonesia and Tajikistan Ratify Double Taxation Avoidance Treaty
On January 1, 2020, the double taxation avoidance agreement between Indonesia and Tajikistan came into force. Read on to learn more.
Individual Income Tax in Malaysia for Expatriates
Malaysia uses both progressive and flat rates for personal income tax, depending on an individual’s duration and type of work in the country. Read on to learn more.
Understanding the 13th Month Pay and Christmas Bonuses in the Philippines
Confusion over how the 13th month pay and Christmas bonuses differ in the Philippines is common. We look at the differences between the two types of bonus payments, how they are taxed, and who is eligible.
Indonesia’s Income Tax Incentives: Opportunities in Specific Sectors and Regions
The government introduced Regulation 78 of 2019 offering a variety of income tax incentives for investment in specific industries and provinces. Read on to learn more.
Corporate Income Tax in Singapore
Singapore’s corporate income tax (CIT) rate of 17 percent is the lowest in ASEAN and has attracted a dynamic investment community of more than 7,000 multinational firms into the country. Read on to learn more.
Singapore’s DTA Network: What is Covered and How to Claim Relief
Singapore has one of the world’s most extensive double tax agreement (DTA) networks, attracting international businesses from a multitude of industries. Learn on how your business can qualify and benefit from these incentives.