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.
On April 6, 2020, the Singaporean government issued its third stimulus package valued at S$5.1 billion (US$3.6 billion) to battle the COVID-19 pandemic.
The Thai government issued its second stimulus worth 117 billion baht (US$3.56 billion). Read on to learn more.
On April 10, 2020, the Laos government issued tax relief measures to counter the impact of the COVID-19 outbreak. Read on to learn more.
On March 4, 2020, the Thai government issued Phase One of the incentives to counter the COVID-19 outbreak.