Singapore is known to serve a business-friendly environment, keeping true to its reputation, Singapore levies low withholding taxes compared to the global standards. Learn about the withholding tax in our article.
Article 26 –The report includes all withholding transactions from vendors where the country/region code of the primary address isn't the code for Indonesia.PrerequisitesThe primary address of the legal entity must be in Indonesia. In the Feature management workspace, the Global withholding tax ...
Last partial update April 6, 2023. Many jurisdictions withhold/deduct tax at source to avoid tax evasion when the recipients of the income are non- residents. The tax withholding rates relate mainly to payment of dividend, interest and royalties. In certain cases the withholding rates also ...
Ahdianto and Julius Wahyu of GNV Consulting discuss the latest developments on tax facilities and COVID-19, unification withholding tax returns and tax incentives affected by COVID-19.
The article discusses a regulation issued by the minister of finance of the Republic of Indonesia on April 22, 2009 with regard to withholding tax on sale or transfer of assets in Indonesia. The regulation puts a withholding of 20 percent tax from the estimated net income from the sale or ...
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....
In early July 2024, the GDT sent an official letter to local tax departments announcing the effective date of the Multilateral Convention on Mutual Administrative Assistance in Tax Matters (MAAC agreement) with Vietnam is 1 December 2023. The implementation date to support information exchange for ...
非印尼居民住宅 扣税证明
The Vietnamese company is responsible for the Foreign Contractor Tax declaration and payment to the tax authority in both Net and Gross contract scenarios: For a Gross contract: The Vietnamese company must determine the FCT liability before making the payment. The payment amount will be the invo...
The tax facilities stipulated in PMK-226 remain the same as in the previous regulation. The main points of this regulation are: Taxable services concerning the handling of the COVID-19 pandemic are now no longer eligible for VAT incentives; ...