Insights

The Chinese authorities have released proposed changes to tax law that may significantly impact how international assignees and long-term expats in the People’s Republic of China (PRC) are taxed. From changes to residency, personal taxation, payroll withholding and tax efficient benefits for assignees, the potential changes are far reaching.

Global businesses today use a wide variety of tools in their communications strategy to stay connected – intranets, emails, mobile phones, Skype, texts and instant messaging among them. Revolutionary as they may be for transforming how business is conducted globally, they still provide no substitute for sending a trusted, capable employee on an overseas assignment to solve a problem or lead an initiative in person.

For many businesses, international expansion and growth brings new opportunities across new markets. However, managing an internationally mobile workforce can pose significant challenges in effectively tracking where employees are working. In turn, these challenges complicate the tax and reporting obligations that arise across a diverse employee population working across borders.

In the final part of this article, we continue our examination of how customs rules for free trade agreements (“FTAs”) should be modernised to meet the needs of a digital economy.

The growth of the digital economy has broken down traditional commercial and geographical boundaries. Goods and services are being delivered and consumed across borders in ways that were unforeseen and at a pace that was unprecedented just decades ago.

Welcome to our Tax hub for tax alerts, white papers and the latest articles into Thailand, regional and global tax legislation.

The global mobility environment is changing rapidly. Businesses and their employees working internationally are faced with a complex web of regulations and laws. While tax laws change almost daily, wider political agendas and large-scale reforms have the potential to create new complexities and to increase mobility costs.