Page 3 – ASEAN Economic Community Strategy Center

Thailand-Tax issues and business transfers: the devil is in the details

Ever since tax incentives for business reorganisation were introduced two decades ago, different issues have arisen intermittently, especially as they relate to an entire business transfer (EBT), which has become a popular practice. Unlike a statutory merger, an EBT is not governed by the general rules of the Civil and Commercial Code or the Public Limited […]

World Bank: Indonesia needs $500 bn for infrastructure

JAKARTA — World Bank Group President Jim Yong Kim said on Tuesday that Indonesia needs to nearly its double public spending on infrastructure and bring in more private investment to fill an infrastructure gap of $500 billion in the next five years. Mr Kim said Indonesia’s population was growing faster than those in China, India, Vietnam and Thailand, which was putting even more strain […]

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Thailand-Tax issues and business transfers: the devil is in the details

World Bank: Indonesia needs $500 bn for infrastructure