Singapore’s Inland Revenue Authority of Singapore (IRAS) has underlined the basis for which the supply of media sales will be subject to zero percent goods and services tax.
Companies setting up in Singapore are eligible for various incentives that can help reduce their final corporate income tax rate.
Malaysia unveiled a variety of tax measures in its new budget that will impact businesses and individuals in 2022.
Vietnam’s Circular 43 implements a reduction in the value-added tax rate for imported medical equipment from 10 percent to five percent.
Indonesia’s parliament has approved the Harmonized Tax Law, which will overhaul the existing tax structure.
With the global minimum corporate tax rate set to take effect, there will the implications for foreign investments in Singapore.
Learn about new income tax exemptions for foreign dividends received by domestic taxpayers, reduced WHT on bond interest, and other tax law amendments.
On January 1, 2021, Indonesia’s Law No. 10 of 2020 on Stamp Duty (the “Law”) came into effect, replacing the previous stamp duty law from 1985.
Withholding taxes in Singapore are low by global standards, in line with the city-state’s reputation for business-friendly policies.
The Philippines and Brunei have signed a double taxation avoidance treaty that will eliminate double taxation on the income generated from cross-border transactions.