topics covered are taxes on corporate income and gains, determination of trading income, other significant taxes, miscellaneous matters (including foreign-exchange controls, debt-to-equity rules, transfer pricing, controlled foreign companies and anti-avoidance legislation) and treaty withholding tax rates...
The tax payable will be determined based on the revenue derived in Vietnam at the deemed rates in accordance with the current VAT and CIT regulations (refer to the withholding tax [WHT] rates set out above). The tax rates would depend on the nature of goods or services provided by foreign...
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....
After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's individual tax rates and may differ from those shown. ...
2 | Viet Nam Pocket Tax Book 2024 Contents Taxation General overview Corporate Income Tax ● Tax rates ● Tax incentives ● Calculation of taxable profits ● Non-deductible expenses ● Losses ● Administration ● Profit remittance Transfer Pricing ● Related party definition ● TP methodologies ● ...
Whenever a fund transfer to be made in this facility falls on a Saturday, Sunday or public holiday under the Laws of the Republic of the Philippines, such transfer may be made in the next succeeding banking day. Joint accounts can be enrolled provided that all Accountholders sign on the ...
Philippines PwC’s Global Office for Humanitarian Affairs is working with a local not for profit organisation to evaluate a program at Barangay Kuya, South Upi, Maguindanao del Sur. The project aims to provide climate resilient shelters to 90 vulnerable families facing displacement due to extreme we...
MP Shanghai will supply the drug-eluting stent systems and balloon catheters to the Controlling Shareholder Group and the Controlling Shareholder Group will act as the Group's exclusive distributors of the aforesaid products in Thailand, Philippines, Indonesia, Pakistan and Japan, which would provide...
Thus, the Government set up aexpert Committeein March 2023 to create a roadmap to prevent this flipping. The Committee also acknowledged the concern of “brain drain” and provided recommendations to encourage “reverse flipping” i.e. bringing startups and companies back to India. ...
PRRT applies in addition to normal income tax. PRRT payments (including instalments) are, however, deductible for income tax purposes. Local municipal taxes Local taxes, including water, sewerage, and drainage charges, are levied based on the unimproved capital value of land and include a charge...