Singapore Could Grant Tax Rebates to Refineries for 2024-25
Singapore’s refining hub faces new carbon taxes, but proposed rebates aim to sustain its competitive edge.
Audit and Compliance in the Philippines: A Guide for Foreign Investors
The Philippines is modernizing its tax administration by simplifying compliance and introducing a ‘file and pay anywhere’ system for enhanced taxpayer convenience.
A Guide to Taxation in the Philippines – Updates for 2024
The Philippines imposes a territorial tax system, meaning only Philippine-sourced income is subject to taxes.
Audit and Compliance in Malaysia: A Guide for Foreign Investors
The Companies Commission of Malaysia is proposing a change to the criteria for audit exemptions.
Income Tax Exemptions on Export Revenues from Indonesian Natural Resources
Explore Indonesia’s GR 22/2024 regulation offering tax exemptions for natural resource exporters.
Indonesia’s VAT Rate to Increase in 2025: How Businesses Can Get Ready
The Indonesian government is expected to impose a 12 percent VAT in 2025, an increase of 1 percentage point from the current VAT rate.
Thailand Approves Tax Incentives to Boost Domestic Tourism in Low Season
Thailand’s government has approved new tax incentives aimed at stimulating domestic tourism during the traditional low season.
Cambodia and Philippines Conclude Double Taxation Avoidance Agreement
Cambodia and the Philippines have concluded negotiations on a double taxation avoidance agreement that will enable the two countries to mitigate the burden of double taxation on businesses and individuals.
Philippines Passes CREATE MORE Act, Proposing Amendments to Tax Incentives
The CREATE MORE bill makes key amendments and enhancements to the tax regime introduced in the CREATE Act.
Navigating Lao E-Commerce: Understanding the Latest Tax Regulations
The Ministry of Finance of Laos issued regulation number 0558/MOF which sets out the latest guidance regarding tax obligations for e-commerce and digital platform providers.