Tax Incentives for Developing Talent in Indonesia
Indonesia offers tax deductions of up to 200 percent for businesses that invest in human resources development activities, including apprenticeships, work experience programs, vocational programs, and learning activities. Learn more about this incentive.
New Tax Cuts, Incentives in the Philippines under CITIRA
New tax cuts and incentives in the Philippines are available under the Corporate Income Tax and Incentives Rationalization Act (CITIRA). Read on to see if the corporate tax reform benefits your business.
Corporate Taxes in the Philippines
In the Philippines, all companies – domestic or foreign – are liable to pay corporate income tax (CIT). The tax liability for a corporation is determined by its residency status and is based on the net income it obtains. Read more in our latest article.
Tax Obligations of Non-Profit Organizations in Singapore
There are specific tax obligations and incentives that are on offer for non-profit organizations (NPOs) in Singapore. Read on to learn more.
Export Services in Indonesia: Eligible for Zero-Rated VAT
Indonesia’s Ministry of Finance issued regulation PMK-32, which expanded the list of export services eligible for zero-rated value added tax. Learn more about how to take advantage of this reform.
Indonesia’s New Tax Incentives: What it Means for Investors
Indonesia’s new tax incentives are aimed for businesses that invest in labor intensive industries, training programs, as well as research and development.
Transfer Pricing in Thailand
The current law in Thailand requires taxpayers to be able to justify on any Thai Revenue Department review that both domestic and international related party transactions have been carried out at ‘market price’. Read more in this article from JNP Legal.
Indonesia Eases Tax Holiday Policy for New FDI Projects in All Sectors
In a bid to attract more investment to support the country’s economic growth, Indonesia recently issued a new regulation granting a 100 percent Corporate Income Tax (CIT) cut to new FDI-backed businesses across all sectors. Read our latest article to know more.
Malaysia to Re-Introduce Sales and Services Tax from September 1
On September 1, 2018, Malaysia will re-introduce the Sales and Services Tax (SST), replacing the three-year-old Goods and Services Tax (GST). Read our latest Regulatory Brief to know more about this levy.
Thailand and the OECD’s Base Erosion and Profit Shifting
Base erosion and profit shifting (BEPS) refers to tax avoidance strategies that exploit gaps and mismatches in tax rules to artificially shift profits to low or no-tax locations where there is little or no economic activity. Read more to know how BEPS affect taxation in Thailand.