October 31 2024
News
October 9 2024
California Proposes Changes to Apportionment Rules, Applies Market-Based Sourcing to Non-Resident Directors
The California Franchise Tax Board (FTB) recently proposed significant amendments to the state's personal income sourcing and apportionment rules. In particular, these changes target non-resident corporate directors who receive compensation for services performed outside California,...September 30 2024
China, Stamp Tax Policies for Enterprise Restructuring and Public Institution Reform
On September 4th, 2024, the Ministry of Finance (MOF) and the State Taxation Administration (STA) have jointly issued the Announcement on Relevant Stamp Tax Policies for Enterprise Restructuring and...September 3 2024
UAE, FTA urges Corporate Tax registration by September’s end
The Federal Tax Authority (FTA) has urged Resident Juridical Persons with licences issued in July, irrespective of the year of issuance, to promptly submit their Corporate Tax registration application...August 31 2024
HK Govt supports SMEs’ transformation
The Government’s staunch support for local small and medium enterprises (SMEs) has long been a cornerstone of its economic strategy – and no better illustration of this approach is...August 30 2024
Thailand’s supercharged EV sales poised for a new surge
BYD and BMW are two very different auto companies. BYD is the Chinese upstart that is tussling with Tesla for the title of world’s leading manufacturer of new energy...August 25 2024
Thailand BOI Approves Investment Worth USD1.54 billion in Biochemicals, Data Centers, and Hospital; Sets New Promotion Category for the Repair of Used EV Batteries and ESS
The Thailand Board of Investment (BOI) approved the investment promotion applications of eight large projects worth a combined 56.95 billion baht (USD 1.54 billion), including a bio-ethylene plant project...August 22 2024
Tripartite Guidelines on Flexible Work Arrangement (FWA) Requests in Singapore
On 16 April 2024, the Ministry of Manpower (MOM) announced the introduction of tripartite guidelines for flexible work arrangement requests, effective 1 December 2024. These guidelines establish minimum requirements...August 18 2024
Thailand BOI Approves Incentives to Promote JV Investments in Automotive Parts Sector
The Thailand Board of Investment (BOI) yesterday approved a package of incentives to promote investment in joint ventures (JV) between Thai and foreign companies to manufacture automotive parts and...August 13 2024