News Across Asia - Page 373

China Briefing

What is BEPS 2.0? OECD’s Two-Pillar Plan and Possible Impact on Multinational Enterprises

08/11/2021

We look at China's position on the consensus around the BEPS 2.0 framework to ensure a fairer distribution of global tax rights.

Vietnam Briefing

Vietnam’s Entry Procedures for Foreign Employees amid the Pandemic

08/11/2021

While Vietnam's borders remain closed, it has allowed business professionals, skilled workers, and students to enter the country with special entry permits.

ASEAN Briefing

Circular 45 Sets Out New Rules on Advance Pricing Agreements in Vietnam

08/10/2021

Vietnam’s Circular 45 sets the new rules on the Advance Pricing Agreements (APA) mechanism in Vietnam. Circular 45 entered into force on August 3, 2021.

China Briefing

Income Tax Subsidies for Overseas Talents in China's Greater Bay Area: Application Process and Deadlines

08/10/2021

Eligible foreign talents should file their applications for IIT subsidies before the 2021 deadlines.

Vietnam Briefing

Vietnam Proposes Draft Decree Tightening Control Over Social Networks

08/10/2021

Vietnam issued a draft decree, which aims to tighten control over livestreaming activities that generate revenue on cross-border social networks.

China Briefing

Belt and Road Weekly Investor Intelligence, #41

08/10/2021

This week we look at the wider implications of the INSTC, China's terms and conditions for lending to BRI countries, and Russian plans in Asian Siberia.

India Briefing

India's Parliament Approves Bill to End Retrospective Taxation, Amend Tax Law

08/10/2021

After recent setbacks with Cairn Energy and Vodafone, India's lower house of parliament approved an amendment bill on August 6 to end retrospective taxes.

ASEAN Briefing

The Updated Indonesia-Singapore Tax Treaty Enters into Force

08/06/2021

On July 23, 2021, the updated Indonesia-Singapore double taxation agreement entered into force, strengthening efforts to prevent tax evasion, and increase investments between the two countries.

China Briefing

Shanghai Scraps ‘Levying Upon Assessment’ for Corporate Income Tax

08/06/2021

From August 1, 2021, Shanghai requires corporate income tax to be levied based on an audit of accounts rather than general assessment of a company’s income.

ASEAN Briefing

Thailand Issues Latest US$1.3 Billion Stimulus Package

08/05/2021

Thailand issued its latest stimulus package valued at 42 billion baht (US$1.3 billion), which provides financial assistance to businesses and people.

Vietnam Briefing

Maintaining Operations During Vietnam’s Fourth Wave of the Pandemic

08/05/2021

Vietnam Briefing highlights government directives and ways that businesses can ensure production during Vietnam's fourth wave of the pandemic.

India Briefing

India's LLP Amendment Bill to Benefit Start-ups, Chartered Accountants Among Other Beneficiaries

08/05/2021

Opting for the LLP entity model in India could become easier following changes proposed in the LLP Amendment Bill, meant to encourage start-ups, MSMEs.