ASEAN Briefing News

A Guide to Taxation in the Philippines – Updates for 2024

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The Philippines imposes a territorial tax system, meaning only Philippine-sourced income is subject to taxes.

Tax Transformation: Indonesia Introduces New Income Tax Regulations

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Indonesia’s government has introduced Government Regulation 58 of 2023 (GR 58/2023) on new income tax deduction rates for individual taxpayers.

A Guide to Personal Income Tax in Singapore

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Personal income tax in Singapore is based on a progressive tax system, with taxes ranging from 0 to 22.5 percent for 2023.

Malaysia Budget 2023: Changes to Corporate and Individual Tax Regimes

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Malaysia’s Budget for 2023 has changed the country’s corporate and individual tax regimes.

A Guide to Taxation in Laos

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All companies incorporated under Lao law will be subject to corporate income tax, value-added tax, and personal income tax.

A Guide to Taxation in Indonesia

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Indonesia adopts a worldwide income taxation system, meaning that those considered tax residents pay tax on income they earn in Indonesia.

A Guide to Taxation in Cambodia

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A tax resident in Cambodia is someone who domiciles in the country or is in Cambodia for more than 182 days in any 12-month period.

A Guide to Taxation in Singapore

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Singapore adopts a territorial basis of taxation and so businesses are taxed only on Singapore-sourced income.

A Guide to Taxation in Thailand

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Taxes in Thailand are governed by the Revenue Code, which follows the concept of a self-assessment system.

A Guide to Taxation in Malaysia

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Malaysia implements a territorial tax system with residents and non-residents taxed on their Malaysian source income.

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