Other Briefings
ASEAN Regulatory Brief: New Shipment Inspection in the Philippines, Regulatory Shifts in Thailand, and Dollar Restrictions in Myanmar
In this edition of ASEAN Regulatory Brief, ASEAN Briefing covers opposition by shippers in the Philippines to new inspection regulations, the splitting of the Thai aviation authority, and restrictions on the use of dollars in Myanmar’s tourism sector.
The Philippines: The New BPO Capitol of the World?
Earlier this year, Tholons, a leading US-based strategic advisory firm published a report that placed Manila ahead of Mumbai for BPO outsourcing – indeed the country has become a top destination for investment in the BPO sector.
ASEAN Regulatory Brief: Thai Stimulus, Indonesian Tax Amnesty, and a the Philippines’ Safety Bill
In this edition of ASEAN Regulation Brief, we take a look at Thailand’s stimulus package, and mooted tax amnesty in Indonesia, and a new safety bill in the Philippines.
ASEAN Regulatory Brief: Thai Interest Rates, Myanmar’s Anti-Money Laundering Measures, and New Links for the Philippines’ Stock Exchange
In this ASEAN Regulatory Brief, we look at some of the important regulatory changes taking place recently in Thailand, Myanmar, and the Philippines.
Recent Study Reveals Investor Confidence over Philippines’ Business Horizon
Despite concerns over competition and lagging demand, a recent study from the Philippine Department of Economics and Statistics reveals growing confidence from business leaders and investors alike in the nation’s economic prospects.
The Philippines to Reduce Corporate and Personal Income Tax Rates
The Philippines’ government is set to approve a bill that will reduce the country’s corporate and personal income tax rates. Once implemented, the lowered rates are expected to be a boon for low and middle-income earners.
No New Tax Measures from the Philippines for President Aquino’s Final Year
According to recent statements from the Philippine government, the country will not be introducing any major new tax measures during President Benigno Aquino’s final year in office. However, the government will continue to search for efficiencies in the areas of tax administration and collection in order to boost tax receipts.
Philippines Expands E-filing of Tax Returns, Mulls Personal Income Tax Reduction
Over the past year, the Philippines has been making great strides in improving its business environment. Chief among these improvements has been the government’s efforts to simplify the country’s tax system. The Southeast Asian nation is now continuing its efforts to improve the system of e-filing tax returns and the promotion of its use by businesses throughout the country.
The Philippines Signs IGA on FATCA with the United States
On July 15, the Philippines entered into an Intergovernmental Agreement (IGA) on tax information sharing with the United States in order to comply with the U.S. Foreign Account Tax Compliance Act (FATCA).
The Philippines Calls for a Further Simplified Tax System
Over the past year, the Philippines has been making great strides in improving its business environment. Chief among these improvements has been the government’s efforts to simplify the country’s tax system. While the initial steps in this area have met with some success, there have been calls from within and outside of the government to further improve the tax system.
