News Across Asia

Understanding How the Concept of Significant Economic Presence Applies in Indian Taxation

We explore tax provisions on 'significant economic presence' in India and compare with the equalization levy liability amid stakeholder concerns.

Vietnam’s Just Energy Transition Partnership Resource Mobilization Plan: Unpacked

Vietnam’s Just Energy Partnership Resource Mobilization Plan (JETP-RMP) has been completed and was presented last Friday at the Conference of Parties 28 in Dubai. Here are the key takeaways from the plan.

China Tax Risks in Indirect Equity Transfer: A Case Study

In this article, we explain what an indirect equity transfer is and explore the corresponding tax risks in China by studying a typical case.

Saudi Arabia and Turkiye Target US$30 Billion in Bilateral Trade

All Apps and Mini Programs to be Registered by End of March 2024 - A Quick Guide 

As the March 31 deadline approaches, we explain the required procedures for apps and mini programs in China to register with the industry regulator.

US 2023 Foreign Investment into China – Data Analysis on Deals, Values, M&A and Investments

Despite Washington’s negative focus towards Beijing, numerous Chinese industrial sectors are attracting significant US investments. We analyze what’s going on, and where.

Thailand Issues New Investor Visa for Eastern Economic Corridor

Thailand’s Eastern Economic Corridor has issued a new investor visa in a bid to boost foreign investments in targeted industries.

Investing in Cinnamon in Vietnam: Opportunities and Challenges

Vietnam is among the world’s biggest cinnamon exporters though this is mostly raw product with little value added. This could be an opportunity for foreign food processing firms to enter the market in a myriad of ways. In this article, we discuss what those ways are.

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CBIC Directs Tax Officials in India to Upload GST Tax Notice Summaries Online

CBIC directs tax officials to upload digital summaries of GST notices, per law, for compliance transparency and streamlining bureaucracy.

UAE and Philippines Look To Increase US$1.9 Billion Non-Oil Trade Via a CEPA Agreement

Saudi Arabia and Uzbekistan Expand Ties As Riyadh Makes US$12 Billion Investment