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Philippines: Taxes to be collected from foreign workers

Various government agencies are now working closely to ensure that foreigners working for offshore gaming operators are paying income taxes, the Finance department said on Sunday. In a statement, the department quoted Finance Secretary Carlos Dominguez 3rd as saying that the list of foreign nationals working for service providers of Philippine offshore gaming operations (POGO) […]

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Malaysia: Minimum wage based on sectors in 2 years

IPOH: The government will start implementing minimum wage according to sectors in the next two years, said Human Resources Minister M Kula Segaran. He said under the National Wages Consultative Council Act (NWCC) 2011, a review of the minimum wage should be carried out every two years. “Many people are unaware that matters on wages […]

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India to deepen ties with Asean

India is expected to strengthen economic ties with Thailand and the Asean region in 2019 through joining the Regional Comprehensive Economic Partnership (RCEP) and its participation in the on-going trilateral highway project.   “Despite India’s concerns about its trade deficits with Asean countries and China, it would be missing out on a key economic opportunity […]

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Philippines: Gov’t to monitor proper tax payment of POGO workers

MANILA, Philippines — The Department of Finance (DOF) and Bureau of Internal Revenue (BIR) have sought the cooperation of other government agencies to ensure that foreign nationals working in Philippine offshore gaming operators (POGOs) are properly monitored and are paying their taxes. During a meeting last Feb. 19, Finance Secretary Carlos Dominguez asked the Department of Foreign Affairs (DFA), […]

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Thailand: Chinese New Year refund flops

The value-added tax (VAT) refund scheme for Chinese New Year shopping failed miserably, with a meagre 10 million baht in transactions.  Of the total, 90% was spent via debit card and the remaining 10% through QR code payment, said Lavaron Sangsnit, director-general of the Fiscal Policy Office (FPO).  Debit cards and QR codes are not […]

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