Tax & Accounting

Thailand to Impose Digital Service Tax: Impacting Foreign Providers

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The Thai government has approved draft legislation that will allow the country to impose VAT on international digital service providers.

Malaysia’s PENJANA Stimulus Package: Key Features

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Malaysia issued its latest stimulus package on June 9, 2020, valued at 35 billion ringgit (US$8.1 billion).

The Philippines Prepares New Stimulus Program: CREATE Act

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The Philippines is preparing to issue the CREATE Act to accelerate reforms of the country’s corporate tax system.

Laos Introduces Exemptions from Penalties for Late Filing and Payments of Taxes

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Laos’ Ministry of Finance issued Notification 1061/MOF which provides exemptions from penalties for businesses for the late payment and filing of taxes.

More Businesses in Indonesia to Avail Special Tax Incentives as Part of COVID-19 Stimulus

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The Indonesian government is planning to extend the business sectors eligible for tax incentives set out in the second COVID-19 stimulus package.

Singapore Issues Third COVID-19 Stimulus Package

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On April 6, 2020, the Singaporean government issued its third stimulus package valued at S$5.1 billion (US$3.6 billion) to battle the COVID-19 pandemic.

Thailand Issues Second COVID-19 Stimulus Package

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The Thai government issued its second stimulus worth 117 billion baht (US$3.56 billion). Read on to learn more.

Laos Issues Tax Relief Measures to Mitigate COVID-19 Impact

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On April 10, 2020, the Laos government issued tax relief measures to counter the impact of the COVID-19 outbreak. Read on to learn more.

Thailand Issues Incentives to Counter COVID-19 Impact: Phase One

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On March 4, 2020, the Thai government issued Phase One of the incentives to counter the COVID-19 outbreak.

Thailand’s Tax Relief Measures to Counter COVID-19 Impact

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Thailand has issued a variety of tax relief measures covering tax deductions and VAT refunds to counter the economic impact of the COVID-19 outbreak.

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