Value added tax
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 wields the tax axe over crypto investors
Thailand is planning to tax investors in digital currencies such as Bitcoin at a heavy rate in one of its latest attempts to regulate...
IMF recommends raising VAT in Thailand to 10%
The International Monetary Fund (IMF) in its economic report on Thailand released on March 28 recommends that the country's government raises value-added tax (VAT)...
Philippines, Vietnam have highest tax burden in Southeast Asia
With the ASEAN Economic Community (AEC), the envisaged economic union of the Association of Southeast Asian countries (ASEAN), approaching and member countries eagerly competing...
Vietnam to offer tax relief for struggling firms
Vietnam's Prime Minister Nguyen Tan Dung pledged to offer tax extensions and simplify payment procedures on the heels of more bad news about business...
Cambodia’s tax discipline improving
Cambodia’s General Department of Taxation said on September 9 that it had collected $606 million of tax in the first eight months of 2013,...
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...