taxnews.ey.comPrint

20 July 2022

Asean Mobility Spotlight (July 2022)

In this edition of the Asean Mobility Spotlight, we address the topic of employers' responsibility in ASEAN jurisdictions on complying with tax withholding or annual tax filing obligations of employees' remuneration.

Based on our experience, it is observed that there are some common underreported items across the jurisdictions featured. These include (but not limited to) benefits in kind provided by the company, equity gains and compensation items that are not delivered via local payroll. Penalties are imposed by the various tax authorities for noncompliance.

———————————————
ATTACHMENT

Asean Mobility Spotlight (July 2022)

Document ID: 2022-1104

 

The information contained herein is general in nature and is not intended, and should not be construed, as legal, accounting or tax advice or opinion provided by Ernst & Young LLP to the reader. The reader also is cautioned that this material may not be applicable to, or suitable for, the reader's specific circumstances or needs, and may require consideration of non-tax and other tax factors if any action is to be contemplated. The reader should contact his or her Ernst & Young LLP or other tax professional prior to taking any action based upon this information. Ernst & Young LLP assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect the information contained herein.

 

Copyright © 1996 – 2024, Ernst & Young LLP

 

All rights reserved. No part of this document may be reproduced, retransmitted or otherwise redistributed in any form or by any means, electronic or mechanical, including by photocopying, facsimile transmission, recording, rekeying, or using any information storage and retrieval system, without written permission from Ernst & Young LLP.

 

EY US Tax News Update Master Agreement | EY Privacy Statement