Last month Saudi Arabia’s General Authority of Zakat and Tax (GAZT) released the final implementing regulations to legislation governing the new GCC-wide value-added tax (VAT).
Tax
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Articles & Analysis | Papau New Guinea's recent tax changes and regulations from The Report: Papua New Guinea 2017
Under the 2017 national budget taxation measures were set in the context of the October 2015 report released by the Taxation Review Committee, following its comprehensive review of tax law and revenue administration in Papua New Guinea. The 2017 national budget included some significant tax changes, and it is expected that further changes will...
Interviews & Viewpoints | Jonathan Seeto, Territory Partner, PwC: Interview from The Report: Papua New Guinea 2017
This chapter offers a guide to PNG’s taxation rules and regulations. It also examines the national budget for 2017, which introduces new changes, and explains several credits and incentives available for businesses.
This chapter contains an interview with Jonathan Seeto, Territory Partner, PwC.
After a number of challenging years, PNG is starting to hit its equilibrium point again. It has largely passed through the period of difficult adjustments, and now some balance has returned. A number of long-planned projects are progressing and new areas of opportunity are being explored.
Articles & Analysis | Thailand's recent tax changes and regulations from The Report: Thailand 2017
The major taxes imposed in Thailand are: Corporate income tax: Thai incorporated entities are generally subject to tax on their worldwide income, while foreign incorporated companies are subject to tax on income derived from carrying on business in Thailand or on certain categories of income paid from Thailand. The standard corporate tax rate...