New Transfer Pricing Prakas Explained Oct 25, 2024 Key Takeaways: Prakas 574 dated 19 September 2024 relaxes the previous transfer pricing documentation (TPD) requirements under Prakas 986 in addition to providing new definitions and procedures. Praka... Prakas Read more
Extension of Incentives for Voluntary Amendment of Tax Declarations Oct 20, 2024 The Ministry of Economy and Finance issued new Prakas No. 625 MEF.Prk, date 10 Oct 2024 to amend and extend the tax period covered by the tax relief on administrative penalties, including the additio... Prakas Read more
Tax on Income (ToI) Incentives for Expanded Qualified Investment Projects (EQIPs) May 31, 2024 (Prakas No. 313 MEF.Prk.GDT, dated 10 May 2024) Pursuant to Article 16 of Sub-Decree 139, dated 26 June 2023, implementing the 2021 Law on Investment (LoI), this Prakas is issued by the Ministry of Ec... Prakas Tax Incentive Read more
Public Lighting Tax (PLT) Mar 31, 2024 (Prakas No. 168 MEF.Prk.GDT, dated 20 March 2024) Effective from 1 April 2024, this Prakas is issued by the Ministry of Economy and Finance (MoEF) to provide further clarifications on the rules and pr... Prakas Read more
Incentives for Voluntary Amendment of Tax Declarations Jan 16, 2024 (Prakas No. 071 MEF.Prk. GDT, dated 30 January 2024) The Ministry of Economy and Finance (MEF) issued this Prakas to provide taxpayers or withholding agents under the self-assessment regime with an ex... Prakas Tax Incentive Read more