Our collection of resources based on what we have learned on the ground
Resources
Q&A
Wie ist die Einkommenssteuer in China abzufhren?

- March 2015
- Free Access
Die Einkommenssteuer wird in der Regel vom Arbeitgeber vom Gehalt oder Lohn des Arbeitnehmers einbehalten und monatlich an die Steuerbehörde gezahlt. Monatliches Einkommen von bis zu 1,500RMB wird mit 3% versteuert; bis zu 4,500RMB wird mit 1...
Q&A
How are individuals taxed in Hong Kong, and who must file annual tax returns in ...

- February 2015
- Free Access
Individuals are taxed at a progressive rates on their net chargeable income (i.e assessable income after deductions and allowances) starting at 2% and ending at 17% or at a standard rate of 15% on net income (i.e. income after deductions), depending ...
Q&A
How are employer tax compliance requirements different in India than any other A...

- February 2015
- Free Access
Employers are required to withhold tax on various payments including rent, interest, dividend, royalty, and service income. In this sense, the compliance requirements for employers are more complex in India than in any other countries explored. Busin...
Q&A
What is the significance of PAN to employers in India?

- February 2015
- Free Access
In addition to witholding individual income tax monthly, businesses must issue an annual certificate within two months from the end of the tax year to employees regarding the amount of tax deducted at the source of income. All employees must be...
Q&A
What aspects of Personal Income Tax (PIT) are Vietnamese employers responsible f...

- February 2015
- Free Access
Employers are required to collect taxes on employee income for both foreign and local Vietnamese employees. Employers must withhold the require percentage of their employees personal income, and deposit the monthly amount with the state treasury no l...
Q&A
How do you determine whether a foreign individual working in China is subject to...

- January 2015
- Free Access
For foreigners working in China, determining the applicability of individual income tax to one’s situation involves decoding a set of intersecting criteria and rules. Following this, you will need to calculate your precise liabil...
Q&A
How does indirect tax differ from corporate income and individual income tax in ...

- January 2015
- Free Access
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 indirec...
Q&A
How is individual income tax (IIT) calculated in Asia?

- January 2015
- Free Access
In Asian countries individuals are taxed according their salary. Therefore those with a higher salary will have to pay higher taxes. However, rates vary in different Asian countries and could be anywhere between 17 and 45%. Exceptions of this are Br...
Q&A
What are the current sales and service tax rates in Malaysia?

- January 2015
- Free Access
In Malaysia, service tax is currently at 6% and is calculated based on the value of taxable services provided by the individual. However, on 1st April 2015 a 6% goods and services tax (GST) will replace the current sales and service tax.
magazine
Import and Export: A Guide to Trade in Vietnam

- December 2014
- Members Access
In this issue of Vietnam Briefing Magazine, we provide you with a clear understanding of the current business trends related to trade in Vietnam, as well as explaining how to set up your trading business in the country. We also attempt to give perspe...
magazine
The 2015 Asia Tax Comparator

- December 2014
- Members Access
In this issue of Asia Briefing, we compare and contrast the most relevant tax laws applicable for businesses with a presence in Asia. We analyze the different tax rates of 13 jurisdictions in the region, including India, China, Hong Kong, and the 10 ...
Q&A
Welche Kriterien entscheiden die persnlichen Einkommenssteuerstze in China, Ho...

- November 2014
- Free Access
• China: das Einkommen in China wird nach sieben progressiven Tarifen besteuert, der zu zahlende Steuersatz kann von 3 % bis zu 45 % variieren • Hongkong: es gibt zwei Methoden in Hong Kong, das Einkommen zu besteuern. Entw...
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