Other Briefings
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.
Thailand Bolsters EV Support Scheme to Drive Adoption and Foster Battery Innovation
Thailand’s National Electric Vehicle Policy Committee has approved new measures to support the uptake of e-buses, e-trucks, as well as the establishment of battery bases.
Malaysia’s Sales and Service Tax Increase: What Industries are Impacted?
Malaysia has officially increased the sales and services tax rate from six percent to eight percent, which will impact several industries such as finance and leisure.
A Guide to Estimated Chargeable Income Filing in Singapore
Incorporated companies in Singapore must file an Estimated Chargeable Income (ECI) for each year of financial assessment.
Indonesia Issues New Tax Incentives to Spur EV Production and Sales
Indonesia’s Ministry of Finance issued new tax incentives to spur electric vehicle production and sales in the country.
Key Tax Changes for Foreign Firms in Vietnam
Changes to several taxes in Vietnam have taken effect in 2024. Some of these changes have been made to provide economic stimulus, whereas others have been made to bring Vietnam’s tax policies in line with international tax regimes.
Taxation of Foreign Sourced Income in Thailand Begins in 2024
Instruction No. Paw 161/2566 states that Thai taxpayers who derive assessable income from abroad must pay tax on that income after bringing such income to Thailand.
Malaysia Imposes Tax on the Import of Low Value Goods
As of January 1, 2024, Malaysia has imposed a new 10 percent sales tax on the import of low-value goods sold online in the country.
