Details

  • Service: Tax, Global Indirect Tax
  • Type: Survey report
  • Date: 12/5/2011

Asia Pacific Indirect Tax Country Guide 

Around the world, the shift to indirect tax continues. Corporate tax rates are continuing to be reduced and indirect tax systems (VAT/GST) are taking center stage. Globally, indirect forms of taxation have surpassed corporate income tax as a taxation cost collected by or from business. In Asia Pacific, this trend is even more pronounced with countries such as China, India and Malaysia looking to replace narrow or inefficient forms of indirect tax with new broad based VAT/GST regimes.
Asia Pacific
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