Joana Marie J. Acosta
C-140801
BS Entrepreneurship 4ABE
1
Part 3 – Response on Comparative VAT in ASEAN Countries
Investing in ASEAN is the potential to be exposed to the diverse economies of the countries that
are member of it. Many investors seek to expand their business activity to open opportunities.
Investors who are into any of the countries involved face diverse tax rules and system. ASEAN
states also differ in their approach to taxing corporate income. Most, impose a tax on dividends in
addition to the corporate income tax. The sophistication of the international tax rules also vary
from one country to another. Not all countries have adopted clear rules, and those that have apply
varying levels of strictness or permissiveness. Neither have transfer pricing rules been applied in
all ASEAN states. Permanent establishment rules are also not consistent within ASEAN.