Page 5 - Building a Treasury Centre for Sustainable Growth
P. 5
Tax Insights
Tax Profile Country Analysis
Tax Parameter Singapore Hong Kong Thailand
17% Territorial
Tax system 83 16.5% 20%
33 37 60
Corporate tax rate 7 13
Number of double taxation 8% 10%
agreements (DTAs) in 2017 0% 0%/10%*
0% 15% for overseas
Number of free trade 0% recipients
agreements in 2017
Dividend withholding tax No thin capitalisation rules 10%
8.25%
Interest withholding tax
Capital gains tax
Debt-equity ratio
Concessionary tax
Incentive period 5 years Indefinite period unless 15 years
conditions not met
Foreign exchange Regulated
(FX) control Not regulated Restricted
Not restricted
Fund transfer 1st 2nd 3rd
Maturity and
attractiveness ranking
*0% for interest paid to foreign companies on loans and interest income received from foreign affiliates, 10% on interest received from Thai affiliates
Preferred location for each category
4 Building a Treasury Centre for Sustainable Growth
