An Introduction to Double Taxation Avoidance in Vietnam
Double taxation avoidance agreements (DTAAs) help businesses from being double-taxed on their income. This also applies to businesses, legal entities, and individuals. Vietnam currently has approximately 80 DTAAs signed.
Thailand’s Latest Tax Relief Package for Businesses
Thailand’s government has issued its latest tax relief package to assist businesses impacted by the pandemic that includes the reduction of land and building tax by 90 percent for 2021, in addition to extending the filing deadline for personal, value-added, and withholding tax.
Thailand approves 30K baht tax deduction to stimulate domestic spending
The campaign offers taxpayers income tax deductions of up to 30,000 baht when purchasing products and services with a value-added tax (VAT) component, but excludes alcoholic beverages, tobacco, lottery tickets, fuel, accommodation and air tickets.