New Issue of Asia Briefing: An Introduction to Tax Treaties Throughout Asia
Jul. 11 – The new issue of Asia Briefing Magazine, titled An Introduction to Tax Treaties Throughout Asia, is out now and will be temporarily available as a complimentary PDF download on the Asia Briefing Bookstore throughout the months of July and August.
In this issue, we take an Asian regional view of the subject, and look at the various types of trade and tax treaties that exist between Asian nations, including India. These include bilateral investment treaties (BITs) – still the major focal point of bilateral trade between many smaller emerging nations – and also the meatier double tax treaties (DTAs) and free trade agreements (FTAs) that directly affect businesses operating in Asia. India’s own FTA with ASEAN abolishes import duties on thousands of products, while manufacturing elsewhere in ASEAN to service the Indian market is beginning to make a lot of sense if your product falls under the treaty remit. The DTAs that go along with this can, under the correct structure, permit employees to be based in foreign countries without tax penalty, and may even allow service offices to be established abroad without being subject to local profits taxes. Together, such trade agreements are a powerful combination.
Simply put, tax treaties are changing the nature of global logistics and the global supply chain, and are having a profound impact on Asia’s business landscape. We hope this introduction is useful and helps our readers understand and begin to make business cases for examining pertinent treaties to take advantage of what amounts to the ongoing dismantling of regional and global trade barriers.
In this issue:
- Double Taxation Agreements and Your Asia Investment Strategy
- Bilateral Investment Treaties
- Key Tax Rates Around Asia – Corporate Income Tax, Individual Income Tax, Withholding Tax, Value-added Tax and Applicable Treaties in China, Cambodia, Hong Kong, India, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam
- Road Map of Bilateral Asian DTAs with all other Nations Globally, including the U.S. and EU
- Anti-Avoidance Rules Across Asia
An Introduction to Tax Treaties Throughout Asia is out now and immediately available as a complimentary PDF download on the Asia Briefing Bookstore for a limited time only.
Dezan Shira & Associates is a specialist foreign direct investment practice, providing corporate establishment, business advisory, tax advisory and compliance, accounting, payroll, due diligence and financial review services to multinationals investing in emerging Asia. Since its establishment in 1992, the firm has grown into one of Asia’s most versatile full-service consultancies with operational offices across China, Hong Kong, India, Singapore and Vietnam as well as liaison offices in Italy and the United States.
For further details or to contact the firm, please email india@dezshira.com, visit www.dezshira.com, or download the company brochure.
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