The 2025 edition of An Introduction to Doing Business in India provides valuable insights for businesses navigating India’s dynamic market, as the country is projected to become the world’s third-largest economy by 2030. With a GDP growth forecast of 7
How to Avoid Double Taxation in Vietnam If there is a direct conflict between domestic tax laws and the tax provisions in a DTAA, the provisions in the DTAA will prevail. However, domestic tax laws will take precedence when the relevant tax obligations included in the DTAA do not exist ...
This book is the first of a two-volume series, and focuses on Cross-Border Spillovers in Labor, Financial, Commodities and Real Estate markets and associated Economic Psychology issues (primarily Cross-Border Spillovers from developed countries to Emergi
An Introduction to Doing Business in Singapore 2021, the latest publication from Dezan Shira & Associates is out now and available for download through the Asia Briefing Publication Store. With its favorable taxation policies and strategic position within Southeast Asia, Singapore offers foreign investors...
Taxation Singapore has increased its GST rate for 2023 from seven to eight percent. Further, since January 1, 2023, Singapore has imposed GST on imported low-value goods. Given the rapid rise of the e-commerce sector in Singapore and the Southeast Asia region, there has been significant growt...
For this reason, Hong Kong has long held a reputation as a popular “gateway” to invest in China. Its geographical proximity to the mainland, double taxation agreement (DTA) network, modern banking system and transparent legal regime have made it an ideal location for foreign businesses to eas...
It is stated that the new tax system would increase government's earnings by rupees 27,000 crore though there are certain drawbacks in the new system including many transactions being subjected to double taxation through sales and service tax and market distortion.Kaushik, Manu...
Miller Beer allows a Canadian firm to use its name, formula, and brands in return for a royalty. This is known as A. manufacturing in foreign countries. B. direct investment. C. exporting. D. licensing. E. None of these answers is correct. Response: D Answer: D Points: 1 / 1 ...
Feb. 28 – A new taxation scheme for the services sector that came into effect on July 1, 2012, states that both the service provider and the recipient of the service must now pay the requisite service taxes. Prior to this, the liability to pay such services tax was only born by either...
21 Introduction to the measures of economic performance Activity 1 (a) It means the current account is in deficit. This suggests the balance of trade is in deficit, which means the value of exports is less than the value of imports. The balance of trade is a major...