On 3 August 2017, Indonesia has ratified the amending protocol of Double Taxation Agreement (DTA) with Malaysia and it will replace Article 25 (Exchange of Information Article) in accordance with the OECD standard for information exchange.
Mexico presented budget proposal and tax reform for 2018
Related Posts
Indonesia: DJP sets procedures for Pillar Two global minimum tax compliance
Indonesia’s Directorate General of Taxes (DJP) issued Regulation No. PER-6/PJ/2026 on 4 May 2026, setting out procedures for complying with Pillar Two global minimum tax obligations under Regulation No. 136 of 2024. PER-6/PJ/2026 establishes
Read MoreMalaysia court rules service fees and late-payment interest on credit sales constitute business income
The Inland Revenue Board of Malaysia (IRBM) has released a case report on a recent High Court ruling addressing whether service charges and late-payment interest arising from credit sales should be treated as business income under Section 4(a) or as
Read MoreIndonesia plans export duties and windfall tax on coal, nickel sectors
Indonesia is preparing to introduce export duties and a windfall tax on its coal and nickel sectors to help offset growing subsidy costs in the national budget, Finance Minister Purbaya Yudhi Sadewa announced on 4 May 2026. The minister explained
Read MoreIndonesia offers VAT relief on domestic flights amid fuel price surge
Indonesia has introduced a temporary tax break for domestic air travellers as rising global aviation fuel costs threaten to make flights unaffordable for many citizens. The Finance Minister Regulation Number 24 of 2026 (PMK-24), issued on 24 April
Read MoreMalaysia issues new exchange rate rules for sales and service tax invoicing
Malaysia’s Royal Malaysian Customs Department (RMCD) has issued Public Ruling No. 1/2026 (PR 1/2026) addressing the foreign currency exchange rate applicable for sales tax and service tax compliance. Effective 31 March 2026, it mandates that
Read MoreMalaysia introduces income tax exemption for tour operators
The Malaysian government has issued the Income Tax (Tour Operator Company) (Exemption) Order 2026 on 7 April 2026. The order applies for the year of assessment (YA) 2026 to YA 2027, setting out a targeted tax incentive for qualifying tourism
Read More