Publication:

ASEAN Investment & Tax News Issue 13

20 January 2017

For this AITN issue, our feature article focuses on Vietnam’s reforms to its transfer pricing  policy. The major reforms is a concerted effort by the Vietnamese tax authorities’ in protecting revenue through the requirement of arm’s length transfer prices between related parties. 
 
Other updates in this issue include Singapore’s  newly introduced Income Tax regulations  legislated on 8 December 2016. Meanwhile, we look at the Philippines government’s efforts to reform the country’s company registration process and Thailand’s update to its personal income tax structure as well as its e-tax development that seeks to entice corporations to adopt the new scheme.
 
We continue to delve into the key tax developments in Cambodia, Malaysia and Indonesia  in this issue.