India: ITAT ruled that the income which is deemed to accrue or arise in India must have a territorial nexus

24 March, 2019

Recently, the Mumbai Bench of the Income-tax Appellate Tribunal (ITAT) in the case of: Fox International Channel Asia Pacific Ltd v. DCIT (ITA No.1947/Mum/2015) regarding the taxability of agency commission relating to the services rendered outside

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Korea announces tax law amendments proposal for 2019

04 August, 2018

On 30 July 2018, the Ministry of Strategy and Finance (MOSF) announced its proposed tax law amendments proposal for 2019. This rule will be effective as from tax years beginning on or after 1 January 2020. The summary of the tax amendments proposal

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Thailand: New tax, legal requirements for representative offices of foreign companies

20 September, 2017

According to new Thai rule, a foreign company’s representative office in Thailand is no longer obliged to obtain a foreign business license from the Department of Business Development. Though, the representative office is still subject to other

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