Other Briefings
Singapore Increases Goods and Services Tax for 2024
Singapore has increased its goods and services tax (GST) rate by one percent to nine percent as of January 1, 2024.
Taxation of Foreign Sourced Income in Singapore Effective January 2024
Singapore will begin taxing foreign-sourced disposable gains from January 1, 2024, with Parliament approving the amendments to the country’s Income Tax Act.
A Guide to Tax Obligations for Non-Resident Property Owners in Vietnam
Foreigners who owns a rental property in Vietnam must understand their tax reporting and remittance obligations.
Audit and Compliance in Thailand: A Guide for Foreign Investors
All companies in Thailand must prepare financial statements for their assigned accounting period to the Ministry of Commerce.
Indonesia New Tax Regime for Benefits-in-Kind
Indonesia’s Ministry of Finance issued Regulation 66 of 2023 (MOF 66/2023) to govern the tax treatment of benefits-in-kind.
Business Incentives for Foreign Investors in Singapore
Companies setting up in Singapore are eligible for various incentives that can help reduce their operational costs.
An Overview of Goods and Services Tax in Singapore
The goods and services tax is a self-assed tax in Singapore. The current rate is 8%, but this is expected to rise to 9% in 2024.
Audit and Compliance in Singapore: A Guide for Foreign Investors
Singapore makes it obligatory for registered businesses to file annual financial statements and hold annual general meetings.
Transfer Pricing in Singapore: A Guide for Foreign Investors
The Inland Revenue of Singapore (IRAS) endorses the arm’s length principle as its standard guide to transfer pricing.
A Guide to Personal Income Tax in Singapore
Personal income tax in Singapore is based on a progressive tax system, with taxes ranging from 0 to 22.5 percent for 2023.
