Every week, KPMG member firms around the world publish updates on developments in their country. In Weekly Tax Matters we’ll highlight a selection that may be of interest to our readers. The complete collection of TaxNewsFlash can be found here.
Chile – Legislation intended to simplify the corporate tax regime has been published.
Australia – KPMG in Australia have prepared a summary of stamp duty changes across the country in recent months.
Vietnam - The European Commission(EC) have published the text of a free trade agreement between the EU and Vietnam, expected to enter into force by the end of 2017 or in early 2018.
Indonesia – Guidance has been issued on the new ‘fixed asset revaluation’ tax incentive.
Singapore - The tax authorities have issued a public consultation paper on whether or not the tax rules need to be revised to align with the FRS 115 accounting treatment.