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.
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.
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 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.
Companies setting up in Singapore are eligible for various tax incentives if their business is deemed beneficial to the country’s economic development. Learn more on what these incentives entail.
It is important for foreign workers to understand their tax liabilities in Indonesia, and to be able to determine which tax law regime will be applicable to them along with exemptions that may bring.
Indonesia offers tax deductions of up to 200 percent for businesses that invest in human resources development activities, including apprenticeships, work experience programs, vocational programs, and learning activities. Learn more about this incentive.
New tax cuts and incentives in the Philippines are available under the Corporate Income Tax and Incentives Rationalization Act (CITIRA). Read on to see if the corporate tax reform benefits your business.
In the Philippines, all companies – domestic or foreign – are liable to pay corporate income tax (CIT). The tax liability for a corporation is determined by its residency status and is based on the net income it obtains. Read more in our latest article.
There are specific tax obligations and incentives that are on offer for non-profit organizations (NPOs) in Singapore. Read on to learn more.