Singapore Updates Regulations for Voluntary Disclosure of GST Errors
The Inland Revenue Authority of Singapore has released new information relating to the regulations for correcting errors made in submitted GST F5/ F7/ F8 forms.
ASEAN Regulatory Brief: M&A, GST, and Bilateral Trade
In this ASEAN Regulatory Brief, we look at some of the important regulatory changes taking place in Singapore, Malaysia, and Thailand during the second half of the month of July.
State by State: ASEAN and Arizona Trade
Arizona has a near US$2billion export trade business with the ASEAN nations, representing about 6 percent of the state’s total exports. These support some 11,896 American jobs in Arizona. Learn about Arizona’s present and future trade prospects with the Association of Southeast Asian Nations.
The Philippines Signs IGA on FATCA with the United States
On July 15, the Philippines entered into an Intergovernmental Agreement (IGA) on tax information sharing with the United States in order to comply with the U.S. Foreign Account Tax Compliance Act (FATCA).
Assessing Foreign Investment Prospects in ASEAN Through the Business Optimism Index
In recent years, ASEAN has become a hotbed for foreign investment. In 2014, ASEAN member states combined for over US$2.3 trillion in total GDP. Each ASEAN nation, however, present their own unique advantages and challenges for foreign investment. The ASEAN Business Optimism Index, released each quarter by Dun & Bradstreet, provides in-depth insight into business sentiment for the quarter ahead as measured by sales volume, net profit, selling price, new orders, inventory, and employment across sectors and industries.
ASEAN Regulatory Brief: GST and Income Tax Exemptions, FTA, Tightening Inheritance and Gift Tax Regulations
In this ASEAN Regulatory Brief, we look at some of the important regulatory changes taking place in Malaysia, Indonesia, the Philippines, and Thailand during the month of July.
State by State: ASEAN and Virginia Trade
ASEAN may not figure highly on the radar for businesses in Virginia, but exports to the South-East Asian bloc represent a one and a half billion dollar trade value, amounting to 5 percent of all Virginian exports. That amount is not to be sniffed at and suggests potential for development.
State by State: ASEAN and New York Trade
Trade between New York and ASEAN is a multi-billion dollar business and rapidly increasing, with the ASEAN nations of Indonesia, Malaysia, Philippines & Thailand particularly big markets. Singapore is the hub for shipping to these nations.
Regional Leaders Push for More Financial Integration in ASEAN Ahead of AEC
While the pace of ASEAN trade integration has progressed on schedule, financial integration is still not yet up to par. This is becoming of increasing importance as the ASEAN Economic Community (AEC) nears its January 2016 implementation deadline. Regional leaders, such as Ravi Menon, managing director of the Monetary Authority of Singapore (MAS) have expressed their disappointment at the slow pace of the ongoing integration process.
State by State: ASEAN and California Trade
In this State by State article, we look at ASEAN’s bilateral ties with California, one of economically successful states in the US, and a major trade partner of the ten nation bloc.