CGA Monthly Bulletin - Dec 2018

Hong Kong Chief Executive Carrie Lam proposed a number of new tax related measures in presenting her second policy address to the Legislative Council on 10 October 2018, as well as providing updates on measures proposed in the 2018-2019 budget.

CGA Monthly Bulletin - Nov 2018

Australia has today ratified the Trans-Pacific Partnership (TPP-11) trade agreement giving our farmers access to more markets, greater opportunities for our businesses, more jobs and increased investment.

Sub-Decree No. 124 R.N.Cr.BK (“SD 124”) that came into effect on the 2nd of October 2018 has introduced important tax incentives for qualifying Small and Medium Enterprises (“SME’s”) operating in defined priority sectors in Cambodia.

On 10 October 2018, the Thai government announced the cessation of the International Headquarters (“IHQs”) program (which also included Regional Operating Headquarters or “ROHs” and International Trading Centers or “ITCs”) and the creation of a replacement initiative; International Business Centers (“IBCs”).

DFDL Myanmar is pleased to announce the publication of the 2018 edition of the Myanmar Tax Pocket Guide.

Tobacco control and regulation is one of the ongoing challenges to the government of the UAE. Over the years, the UAE customs authorities have developed a strict regime of border control and surveillance of incoming tobacco products.

Following extraordinary sessions held at both the lower and upper houses of the Bahrain National Assembly on Sunday and yesterday respectively, the Council of Ministers and the Shura Council have approved the bills for the unified GCC VAT Agreement and the draft VAT law.

The National People’s Congress (NPC) Standing Committee approved, on 31 August 2018, a second draft of the Individual Income Tax Law to amend a number of elements of the calculation and enforcement of individual income tax (IIT) in China.