The decision by India to abolish the 2 percent equalisation levy while retaining the 6 percent equalisation levy on online advertising revenues aligns with the country’s global commitments under the OECD’s Pillar Two framework.
This article examines the factors driving China’s robust export growth in the first half of 2024, focusing on key trading partners, major exports, contributing provinces, and the future outlook.
Taxpayers who meet specific requirements of the regime can be charged profits tax at the concessionary rate of 5 percent instead of the normal profits tax rate of 16.5 percent.
The success of this partnership could position Indonesia as an attractive destination for other global pharmaceutical companies looking to expand their operations in Southeast Asia.
Investors must be aware of the intellectual property laws in the UAE to be able to safeguard their creations and business secrets, thereby securing their unique offerings and maintaining a competitive edge.
This publication examines Singapore's 2024 business landscape: economic trends, strategic advantages, and investment opportunities for foreign firms in this key Asian hub.
The Guide to HR Compliance and Best Practices in China explains key considerations for foreign employers from hiring to staff management and compliance with legislative updates and data security laws.