Cambodia’s government has issued a variety of new measures to assist businesses impacted by the coronavirus outbreak.
ASEAN Briefing explains the incentives issued by Thailand’s Board of Investment (BOI) for manufacturers of medical equipment in the country.
The Indonesian government has granted tax incentives and deductions for domestic taxpayers who have contributed to tackling the COVID-19.
Indonesia introduced Reg 48/2020 in May 2020, which imposes a 10 percent VAT on digital service providers.
Indonesia’s issued implementing Regulation 65/2020, which addresses the criteria for which businesses can receive interest subsidies.
The Thai government has approved draft legislation that will allow the country to impose VAT on international digital service providers.
Malaysia issued its latest stimulus package on June 9, 2020, valued at 35 billion ringgit (US$8.1 billion).
The Philippines is preparing to issue the CREATE Act to accelerate reforms of the country’s corporate tax system.
Laos’ Ministry of Finance issued Notification 1061/MOF which provides exemptions from penalties for businesses for the late payment and filing of taxes.
The Indonesian government is planning to extend the business sectors eligible for tax incentives set out in the second COVID-19 stimulus package.