The Thai Cabinet approved a draft law to introduce the Pillar Two global minimum tax on 11 December 2024 which will implement a 15% global minimum tax on qualifying multinational enterprise (MNE) groups starting from January 2025. Finance

The Inland Revenue Authority of Singapore (IRAS) has issued an updated e-Tax Guide Securities Lending and Repurchase Arrangements (Second Edition) on 4 December 2024. This e-Tax Guide gives details on the income tax treatments and tax concessions

Singapore published the Economic Expansion Incentives (Relief from Income Tax) (Amendment) Act 2024 in the Official Gazette on 10 December 2024. It  introduces a new 15% Concessionary Tax Rate (CTR) under the Development and Expansion Incentive

Representatives from the EFTA States (Iceland, Liechtenstein, Norway and Switzerland) Thailand met online to conclude negotiations towards a free trade agreement (FTA) on 29 November 2024, according to a release. Karin Büchel, Head of the Free

The Inland Revenue Authority of Singapore (IRAS) has released an updated e-Tax Guide, GST: Guide for Motor Vehicle Traders (Eighth Edition) on 2 December 2024. This guide is for GST registered businesses selling new and/or second-hand motor

The Inland Revenue Authority of Singapore (IRAS) has published an updated version of its e-Tax guide   GST: Advance Ruling System (Tenth Edition) on 15 July 2024. This e-Tax Guide explains the GST advance ruling system and the application