The Asia Tax Comparator
Published: December 2011Countries charge a multitude of taxes, but in this issue we look at the most applicable to foreign businesses and individuals in Asia, i.e., corporate income tax, value-added tax, goods and service tax, standard tax on dividends and individual income tax.
In this issue:
- Visual look at Corporate Income Tax, Value-added Tax , Goods and Service Tax, Standard Tax on Dividends, Individual Income Tax
- Individual Income Tax Rate Tables
- Focus on China, Hong Kong, India, Vietnam and Singapore, with a comparison across Asia
Countries charge a multitude of taxes, but in this issue we look at the most applicable to foreign businesses and individuals in Asia, i.e., corporate income tax, value-added tax, goods and service tax, standard tax on dividends and individual income tax.
We focus primarily on the tax jurisdictions in which Dezan Shira & Associates – the practice behind Asia Briefing – has a presence: China, Hong Kong, India, Singapore and Vietnam. We also take a quick step back and see how these countries stack up in terms of total tax rate (as a percent of profit) with other Asian countries, namely Bangladesh, Cambodia, Indonesia, Japan, Laos, Malaysia, Nepal, Philippines, South Korea, Sri Lanka and Thailand.