We look at how tax residence is determined in China and the UK and what you should do if you are a tax resident of two countries.
The new regulations on China’s urban maintenance and construction tax clarify the calculation basis and offer an official, consolidated tax framework.
We explain China’s taxpayer credit rating system, including how it works and why it is important for foreign enterprises based in the country and doing business in China.
China has introduced simplified deregistration procedures for certain types of enterprises to expedite their business closure and/or market exit.
Businesses should pay attention to the changes in China’s new Deed Tax Law as well as exemptions and deed tax calculation.
Shenzhen opens its application channel from August 16, 2021, to September 30, 2021, for the GBA IIT subsidy for overseas talents. Successful applicants can lower their income tax rate to 15 percent.
We explain the withholding tax regime in India, including threshold levels, tax rates, and DTA treaty rates on payments to resident and non-resident firms.
Our latest edition of India Briefing magazine provides an overview of the transfer pricing regime in India and key compliance and reporting guidelines.
Key tax deadlines in India in 2021, including tax reporting dates, deadlines for audit compliance, and relevant dates for tax and finance obligations.
Read to know about the key terms and concepts under the GST system in India, and the revised GST rates.
We list the GST compliance requirements under the CGST Act, 2017, steps to ease the burden on taxpayers, and penalty provisions for non-compliance.
In India, an individual’s income is taxed at graduated rates, depending on the person's duration of stay in India and their income level.
Vietnam’s Circular 45 sets new rules on the Advance Pricing Agreement (APA) mechanism in Vietnam. Circular 45 came into effect on August 3, 2021.
Similar to last year, Vietnam has issued incentives for businesses affected by COVID-19. These include tax breaks and land fee payment deferrals.
Tax, Accounting, and Audit in Vietnam 2021, the latest publication from Dezan Shira & Associates, is out now and available for download.
Vietnam recently issued Circular 19 guiding regulations on electronic tax transactions. Vietnam Briefing highlights the Circular's key points.
Vietnam issued Decree 52 deferring tax payments and land rentals for additional businesses affected by the pandemic. The Decree came into effect on April 19.
Vietnam Briefing highlights tax exemptions and reductions for those tax residents that are subject to personal income tax in Vietnam.
Learn about new income tax exemptions for foreign dividends received by domestic taxpayers, reduced WHT on bond interest, and other tax law amendments.
On January 1, 2021, Indonesia’s Law No. 10 of 2020 on Stamp Duty (the “Law”) came into effect, replacing the previous stamp duty law from 1985.
Indonesia has pledged to make the SEZs a policy priority to attract foreign investment – further facilitated through its tax incentive programs.
Withholding taxes in Singapore are low by global standards, in line with the city-state’s reputation for business-friendly policies.
The Philippines and Brunei have signed a double taxation avoidance treaty that will eliminate double taxation on the income generated from cross-border transactions.
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.