Other Briefings
Indonesia’s New SEZ Tax Incentives Explained
On November 5th, Indonesia unveiled its sixth economic stimulus package since September, the most recent incentive aimed at revitalizing its under-performing economy, introducing new SEZ tax incentives and holidays.
Incentives for Renewable Energy Investment in ASEAN
In this article ASEAN Briefing will look at the tax and other incentives provided to companies seeking to invest in renewable energy in Singapore, as well as examine those of other countries within ASEAN.
An Overview of IFRS Adoption in ASEAN – Part Three
In the final installment on the Association of South East Asian Nation’s (ASEAN) adoption of IFRS, ASEAN Briefing touches on the state of harmonization in the Philippines as well as the regional bloc’s frontier economies.
An Overview of IFRS Adoption in ASEAN – Part Two
In part two of this three part series on the state of IFRS adoption in the Association of South East Asian Nations, ASEAN Briefing highlights the alignment of Indonesia and Thailand with international reporting standards.
An Overview of IFRS Adoption in ASEAN – Part One
In part one of this three part series on financial reporting within the Association of South East Asian Nations, ASEAN Briefing outlines the state of IFRS implementation in two of the regions most capitalized economies – Singapore and Malaysia.
Indonesia to Provide Tax Relief to Exporters on Interest Earned from Deposits in Local Banks
Indonesia has announced that it will provide tax relief to exporters on the interest earned from deposits in local banks. The move is part of a larger policy package, launched last month, which aims to jumpstart the economy through greater investment. The performance of the country’s economy has been disappointing for some time now, and the rupiah continues to be weak, falling to its lowest level since the 1997-98 Asian Financial Crisis at the beginning of 2015.
Singapore Issues Further Updates to its FATCA Regulations
The Inland Revenue Authority of Singapore (IRAS) has released new information on its website relating to compliance with the Foreign Account Tax Compliance Act (FATCA).
The Philippines to Reduce Corporate and Personal Income Tax Rates
The Philippines’ government is set to approve a bill that will reduce the country’s corporate and personal income tax rates. Once implemented, the lowered rates are expected to be a boon for low and middle-income earners.
Myanmar to Commercially Tax All Transactions on Yangon Stock Exchange
According to the Securities and Exchange Commission of Myanmar (SECM), all transactions on the soon to be opened Yangon Stock Exchange (YSX) will be commercially taxed.
Thailand Rolls Out New Inheritance Tax
Thailand’s government has announced the implementation of the country’s first inheritance tax in seven decades is to start in January 2016.
