Small and medium-enterprises with an annual turnover below IDR 50 billion (approx. USD $3.8 million) obtain a 50 percent tax discount (imposed proportionally on taxable income of the part of gross turnover up to IDR 4.8 billion). In 2013, Indonesia's Finance Ministry issued a regulation tha...
The Principle of Simplicity in Corporate Income Tax In IndonesiaYusuf HusenFence M. WantuNur Mohamad Kasim
Arabian Post Staff The United Arab Emirates will introduce a corporate tax from mid-2023, the finance ministry said Monday, in a major change of course as the country seeks to diversify its income. Long known as a tax haven and the regional headquarters
Additionally, the United Arab Emirates grants duty-free access to imports originating in member countries of a number of Free Trade Agreements, such as Singapore, the European Free Trade Association countries (i.e. Norway, Switzerland, Iceland, and Liechtenstein), Israel, India, Turkey, Indonesia,...
PwC services in Viet Nam Contacts 4 | Viet Nam Pocket Tax Book 2024 24 26 28 30 34 35 36 37 40 43 45 A summary of Viet Nam taxation The information in this booklet is based on current taxation regulations and practice including certain legislative proposals as at 31 December 2023. This...
The Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the MLI) was ratified and entered into force for Singapore on 1 April 2019. Amendments made by the MLI to these treaties have taken effect....
At the end of the year 2010, the government has prepared a given grant a Tax Holiday and the end of 2011 the government has completed all of its legal basis. The expectations with the this Tax Holiday, government can improve realization of foreign investment in Indonesia to boost economy in...
The research notions are: (1) most company practiced tax management together with earning management throughout declining company income tax rate in Indonesia, (2) tax management performed by company depends on tax facility,(3) earning management practiced by company depends on financial condition of...
Interest paid from an Australian business to an Australian resident business is not subject to withholding tax. However, interest paid from an Australian business to a nonresident business is generally subject to a 10% domestic withholding tax (less if there is a double-tax treaty). Dividends pai...
company may claim a refund of any excess WHT paid within five years from the 11th day of the month following the month when the WHT is paid if it proves to the Korean Tax Office that it is entitled to the reduced treaty rates as the substantive and beneficial owner of the income....