The Thai Revenue Department announced earlier this month that new legislation effective from April 2 increases penalties for those taxpayers committing tax fraud or evading their tax liability.Read Full Story
There has been confusion in Thailand over remarks made by Prime Minister Prayut Chan-o-cha, after the premier appeared to suggest increasing the seven percent VAT rate to eight percent to boost the government's coffers for the funding of various public projects.Read Full Story
During the question-and-answer session of the Joint Business Community Luncheon on January 26, Hong Kong's Chief Executive, C Y Leung, stressed the importance to the city of global free trade. Read Full Story
The European Parliament has provided an update on the trade agreements under negotiation by the EU.Read Full Story
President-elect Donald Trump has confirmed that, during his first day in office, he will withdraw the United States from the Trans-Pacific Partnership trade treaty.Read Full Story
Given the increased probability that the Trans-Pacific Partnership will not be ratified by the United States, China is pushing its own longer term objective of a Free Trade Area of the Asia Pacific and the more-immediate Regional Comprehensive Economic Partnership.Read Full Story
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