ASIAPEDIA
Q&A
How does indirect tax differ from corporate income and individual income tax in Asia?

How does indirect tax differ from corporate income and individual income tax in Asia?
Indirect tax adds to the price of a product which makes the consumer indirectly pay the rate of taxation. For corporate and individual income tax, a business or individual has to pay the necessary amount directly to the government.
Also, the indirect tax rate does not vary according to an individual's income or the size of a corporation's profits whereas for individual income and corporate income tax it does.

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