Tax & Accounting

Audit and Compliance in Myanmar: A Guide for Foreign Investors

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Private and public companies in Myanmar are obligated to audit their accounts as well as hold annual general meetings once a year.

Myanmar’s 2020 Union Taxation Law: Salient Features

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Myanmar introduced the 2020 Union Taxation Law, which sets out the latest rates for income tax, gemstone tax, commercial tax, and specific goods tax.

Latest Tax Compliance Procedures for Non-Profit Organizations in Myanmar

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Myanmar’s government issued Notification 79 of 2020, which describes the latest tax compliance measures for non-profit organizations.

New Requirements for Independent Audits in Cambodia to Impact Certain Business Entities

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Cambodia’s Minister of Finance and Economy issued a new regulation that sets out the criteria for certain businesses to be independently audited.

New Criteria for Foreign Digital Service Providers to Collect VAT in Indonesia

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Indonesia’s Director-General of Tax has determined the criteria for which foreign digital service providers can collect VAT.

Cambodia Eases Financing for Businesses Impacted by COVID-19

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Cambodia’s government has issued a variety of new measures to assist businesses impacted by the coronavirus outbreak.

How to Take Advantage of New Incentives in Thailand’s Medical Industry

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ASEAN Briefing explains the incentives issued by Thailand’s Board of Investment (BOI) for manufacturers of medical equipment in the country.

Indonesia Issues Tax Incentives for COVID-19 Support

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The Indonesian government has granted tax incentives and deductions for domestic taxpayers who have contributed to tackling the COVID-19.

Indonesia Issues Regulation on Taxing Digital Services

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Indonesia introduced Reg 48/2020 in May 2020, which imposes a 10 percent VAT on digital service providers.

Indonesia Issues Implementing Regulation for Interest Subsidies Program

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Indonesia’s issued implementing Regulation 65/2020, which addresses the criteria for which businesses can receive interest subsidies.

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