Jon Eichelberger of Baker & McKenzie in Beijing warns taxpayers about the difficulties raised by circular 698 for foreign investors. The new regulations bring in procedures for reporting that will affect many international companies.
Eiki Kawakami of Kojima Law Offices-Taxand looks back at a busy few months for the Japanese tax system. Politics and disputes have been keeping taxpayers busier than ever with a number of important decisions making many think twice about how they structure their work.
Goh Ka Im, Anand Raj and Irene Yong of Shearn Delamore & Co detail how several legislative changes have changed the way investments can be structured, particularly from the Federal Territory of Labuan.
Property funds remain entitled to significant tax savings under new rules. But Chinapat Visuttipat of HNP COUNSEL Taxand in Thailand warns that careful planning must be carried out before venturing into this type of investment.