Tax & Accounting

Malaysia’s New Transfer Pricing & APA Rules

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Malaysia has announced two new rules governing transfer pricing norms in the country. Multinational entities should take note.

Taxation of Foreign Sourced Income in Singapore Effective January 2024

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Singapore will begin taxing foreign-sourced disposable gains from January 1, 2024, with Parliament approving the amendments to the country’s Income Tax Act.

Audit and Compliance in Brunei: A Guide for Foreign Investors

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Private and public companies in Brunei are obligated to audit their accounts as well as hold annual general meetings once a year.

Tax Incentive Requirements for Family Offices in Singapore

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We demonstrate the key requirements to qualifying for income tax exemption for family offices in Singapore.

Indonesia Introduces De-Dollarization Task Force

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Indonesia has introduced a de-dollarization task force to help promote the use of its Rupiah in bilateral transactions and diversify its risk from the greenback.

Audit and Compliance in Vietnam: A Guide for Foreign Investors

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Foreign-owned enterprises and representative offices are obligated to have their annual statements audited.

Audit and Compliance in Thailand: A Guide for Foreign Investors

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All companies in Thailand must prepare financial statements for their assigned accounting period to the Ministry of Commerce.

Indonesia New Tax Regime for Benefits-in-Kind

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Indonesia’s Ministry of Finance issued Regulation 66 of 2023 (MOF 66/2023) to govern the tax treatment of benefits-in-kind.

Business Incentives for Foreign Investors in Singapore

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Companies setting up in Singapore are eligible for various incentives that can help reduce their operational costs.

Singapore to Introduce Revised Tax Incentives for Family Offices

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Singapore’s central bank is set to introduce revised tax incentives and requirements for single family offices (SFO) to achieve key goals.

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