The Three Most Common IPR Mistakes for SMEs in ASEAN
There are very few SMEs that would not take the issue of intellectual property rights (IPR) seriously in their home countries, but IPR legislation can be opaque when they move overseas. Here we take a look at the top 3 IPR mistakes SMEs make in ASEAN.
ASEAN Regulatory Brief: CIT e-Filing, GST, Relaxed Investment Regulations, and Adjusted Reference Prices for Imports
In this ASEAN Regulatory Brief, we look at some of the important regulatory changes taking place in Singapore, Malaysia, Indonesia, and Thailand during the month of August.
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.
ASEAN Regulatory Brief: GST and Income Tax Exemptions, FTA, Tightening Inheritance and Gift Tax Regulations
In this ASEAN Regulatory Brief, we look at some of the important regulatory changes taking place in Malaysia, Indonesia, the Philippines, and Thailand during the month of July.
ASEAN Regulatory Brief: RCEP, Import Tax, Inheritance tax, SEZs, Soft Drinks Tax, and Fuel Tax
In this ASEAN Regulatory Brief, we look at some of the important regulatory changes taking place in the ASEAN-RCEP trade negotiations, Thailand, Malaysia, and the Philippines during the month of June.
Rule of Law in ASEAN: Not All Appealing
ASEAN has shown mixed results in the 2015 Rule of Law Index, published by the World Justice Project (WJP), an initiative of the American Bar Association. The rankings are based on the results of 1,000 people surveyed in each jurisdiction, and reflect some regional variation within jurisdictions.
Indonesia to Change Luxury Goods Tax, Mulls Raising PIT-Exempt Threshold
Several items will soon be exempt from Indonesia’s luxury tax. The country is also considering raising the individual income tax-free allowance by 50%.
ASEAN Regulatory Brief: Airport Services, GST, Fuel Subsidies, and Tax Incentives
In this ASEAN Regulatory Brief, we look at some of the important regulatory changes taking place in Thailand, Malaysia, the Philippines, and Indonesia during the months of May and June.
Malaysia Delays FATCA Compliance
Malaysia’s Inland Revenue Board (IRB) has deferred the filing deadline for the country’s financial institutions to comply with the 2014 reporting year under the United States Foreign Account Tax Compliance Act (FATCA). The new deadline has been set for June 30, 2015.
Indonesia Gives Tax Breaks to Exporting Manufacturers
Indonesia has brought in tax breaks for enterprises exporting a minimum of 30 percent of their production, in line with tax breaks for multinationals re-investing profits in-country rather than sending profits and dividends to overseas shareholders.