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This publication, an overview of the tax landscape across six key ASEAN markets: Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam, serves as a guide in navigating through evolving tax and regulatory landscape.
MFRS 18 ‘Presentation and Disclosure in Financial Statements’ was issued by the Malaysian Accounting Standards Board (MASB) in June 2024. MFRS 18 replaces MFRS 107 ‘Presentation of Financial Statements’ for annual reporting periods beginning on or after 1 January 2027.
On 5 January 2026, the Inland Revenue Board of Malaysia (IRBM) has issued a Media Statement, Operational Guideline (effective 1 January 2026) and Frequently Asked Questions (FAQs) regarding Stamp Duty Special Voluntary Disclosure Programme (SVDP) on 28 January 2026.
Indirect taxation is becoming ever more complicated, varied between jurisdictions and prone to government tinkering. With some of the biggest tax reforms occurring within indirect tax, getting on top of the complexity and change is vital.
The IASB has published IFRS 16 ‘Leases’ completing its long-running project on lease accounting. This special edition of IFRS News series explains the key features of the new Standard and provides practical insights into its application and impact.
Grant Thornton can provide guidance and assistance to identify the GST risks and subsequently your business can prepare remedial measures to mitigate the GST risks.
The world is changing. The financial crisis emphasised the extent to which financial systems are connected globally. This interconnectedness not only brings greater prosperity, but also greater concentrations of systemic risk.
The IASB has published IFRS 16 ‘Leases’ completing its long-running project on lease accounting. This special edition of IFRS News series explains the key features of the new Standard and provides practical insights into its application and impact. We have covered the introduction and scope of IFRS 16 in the March 2016 issue. In this issue, the details of the new lessee accounting approach are discussed.
This newsletter provides information on the latest tax updates. Guidelines on the Offer in Reduction of Penalty for Voluntary Disclosure and Waiver of Tax Increase for Settlement of Tax Arrears
The IASB has published IFRS 16 ‘Leases’ completing its long-running project on lease accounting. This special edition of IFRS News series explains the key features of the new Standard and provides practical insights into its application and impact.
The gender diversity issue has been on the business agenda for many years now, yet a third of businesses still have no women at a senior management level. Somewhere there is a disconnect.
This issue discusses the accounting for financial liabilities with a demand feature (on-demand financial liabilities). This publication considers the accounting implications when the entity no longer expects the counter-party to demand repayment.
This Budget analysis provides details on various tax measures that were announced in the 2016 Budget speech.
This Budget analysis provides details on various tax measures that were announced in the 2016 Budget speech.
This is a series of issues that provide guidance on the practical application issues of MFRS 107 Statement of Cash Flows. Part V will be the last section of the series of Cash flow statements – common pitfalls and application issues.