Taxation
Meta, Google finally sign up to Indonesia’s content control law
US tech companies Meta, operator of Facebook, Instagram and WhatsApp, and Google have finally signed up to Indonesian regulations that grant the government sweeping...
Indonesia plans VAT, income tax on crypto transactions
The Indonesian government will charge value-added tax (VAT) on crypto transactions and income tax on capital gains from crypto investments at 0.1% each, starting...
Thailand plans digital banking licenses; axes proposed crypto tax
Thailand’s central bank has started working on a regulatory framework for virtual banks in an aim to keep pace with consumer needs in the...
Myanmar’s junta introduces hefty tax on Internet services to curb communication, raise income
Myanmar’s military government implemented a hefty raise of the commercial tax on Internet services on January 8, state-run newspaper Global New Light of Myanmar...
Singapore mulls over introduction of wealth tax to lower inequality
Bad news for rich global citizens who have made Singapore their choice of (tax) residence, and more...
Philippines: Taxman wants his share from online businesses
The booming e-commerce industry in the Philippines has caught the eye of the country’s tax authorities who...
Google’s tax deal with Indonesia role model for SE Asia
Google through its Asia Pacific headquarters agreed on future tax payments in Indonesia, a move seen as the beginning of a shake-up in how...
Malaysia’s pump prices among lowest globally – thanks to subsidies
Malaysians enjoy some of the lowest petrol pump prices among the major world economies, according to a new study by UHY, the international accountancy...
Indonesia misses out on $27b in tax revenue
Indonesia is missing out on more than $27 billion in tax receipts annually because the tax office does not have enough personnel to keep...
Malaysia’s upcoming GST not a catastrophe
The Malaysian prime minister Najib Razak's widely expected and inevitable announcement to introduce a Good and Service Tax (GST) of six per cent by...
Myanmar’s top commercial tax payers: The full list
Myanmar's Internal Revenue Department released the list of the top 100 commercial and income tax payers for the 2012-2013 fiscal year on September 14.
The...
Vietnam reduces tax for businesses
Vietnam's National Assembly on June 19 agreed to reduce the corporate income tax rate to 22 per cent from 25 per cent starting January...
Malaysia set for new consumption tax
Now that general elections are over, the Malaysian government seems eager to move ahead with the long-delayed goods and service tax (GST) to replace...
Singapore best ASEAN tax destination
Singapore was ranked 5th out of 185 economes in terms of ease in paying taxes, according to the "Paying Taxes 2013" report compiled by...
Latest
Thailand, Singapore most vulnerable to potential US recession
Southeast Asia could be seriously affected in case the US falls into recession, but some countries would be more badly hit than others, economists...