Other Briefings
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).
State by State – ASEAN and Wisconsin Trade
For a north-eastern State a long way from South-East Asia, the trade relationship between Wisconsin and ASEAN is remarkably robust, with a growing element of the dairy industry now finding its way to new export markets in Asia. In 2012, Wisconsin exported US$1.14 billion in goods and services to ASEAN nations, of which some US$900 million were consumer goods.
State by State – ASEAN and Illinois Trade
Read an in-depth look at the burgeoning trade relationship between Illinois and ASEAN, and the opportunities this brings for your business.
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.
State By State – ASEAN and Rhode Island
Read an in-depth look at the burgeoning trade relationship between Rhode Island and ASEAN, and the opportunities this brings for your business.
State by State: ASEAN and Texas Trade
Known as the “Lone Star State”, Texas is the second largest American state and the second most populous. The ten nations that make up the Association of Southeast Asian Nations (ASEAN) are becoming increasingly important trade partners for Texas. In this article, we take an in-depth look at this blossoming trade relationship between Texas and ASEAN.
State by State: ASEAN and Minnesota Trade
Minnesota’s almost billion-dollar trade surplus with ASEAN is impressive; in 2014, Minnesota’s exports of US$1.77 billion far exceeded imports from the region of US$808.4 million. ASEAN received 8.3% of the state’s total exports in that year.
Singapore Signs IGA on FATCA with the United States
On December 9, 2014, Singapore became the first country in Southeast Asia to sign an Intergovernmental Agreement (IGA) on tax information sharing with the United States. The signing follows an in substance agreement reached between Singapore and the US in May 2014. Most countries around the world have been entering into IGAs with the US government since the US introduced a complex reporting and withholding regime through the passage of the Foreign Accounts Tax Compliance Act (FATCA) in March 2010.
U.S.-ASEAN Expanded Economic Engagement Initiative Praised
Oct. 10 – U.S. Secretary of State John Kerry, along with several Association of Southeast Asian Nations (ASEAN) leaders, praised the progress of the U.S.-ASEAN Expanded Economic Engagement (E3) initiative during the ASEAN Leaders Meeting held in Brunei Darussalam this week. The E3 – which is entering into its second year of implementation – is […]
Speculation that China May Join TPP Talks
Jun. 7 – With Chinese President Xi Jinping visiting the United States over this upcoming weekend, speculation is growing that as an olive branch to be offered to develop trust between the two countries, China might be invited to join talks over joining the Trans-Pacific Partnership. China has been highly critical of the TPP bloc, […]
