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Interest Expenses Paid to Individuals Deductable from CIT in China
The State Administration of Taxation
Updates on Personal Income Tax in Vietnam Released
The Ministry of Finance has released a circular providing more instructions on the implementation of the new personal income tax (PIT).
Tax Rebates for Export Businesses Still Available in China
Export companies with unsettled overpaid value-added-tax can still avail of lump-sum tax rebates under the provision concerning tax settlements for enterprises newly undertaking an export business states in the Circular of the State Administration of Taxation on Printing and Distributing and in the Circular of the State Administration of Taxation on Implementing Tax-Rebates Clearance for Exported Goods in 2003
Corporate Tax Audit Considerations
Corporate tax considerations are an important part of any company
New Document to Streamline FDI Process in India
The Indian government wants to release a single document that will streamline the foreign direct investment process by the end of March. The document will come in a single consolidated press note that will replace the currently used 177 press notes and detail sectoral caps and how foreign investments would be treated.
2010 Expatriate Income Tax Planning in China
China has a multi-tiered system of tax liabilities for foreigners and the deadline for declaring 2009 taxes is approaching. New-to-China expatriates with full time employment in the country need to make sure they are in compliance.
GST Implementation Delayed in India
The set April 1 deadline for the introduction of the new Goods and Services Tax (GST) is likely to be rescheduled.
Danang Tops Provincial Competitive Index in Vietnam
Danang topped the Vietnam Chamber of Commerce and Industry
Vietnam
The economy in Vietnam grew by 5.32 percent in 2009, making it one of the top expanding economies in the region despite the global financial crisis.
Indian Commerce Ministry to Confirm Tax Breaks for SEZs
The Commerce Ministry will consult with the Finance Ministry to confirm the tax breaks available to special economic zones (SEZs) to clarify the security of existing SEZ tax breaks for developers.
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