ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Southeast Asia racing to cut taxes on businesses

Honda Motor is one of the many foreign manufacturers operating in Thailand.

BANGKOK -- A number of Southeast Asian countries are lowering corporate tax rates in hopes of attracting more foreign companies.

The Philippines plans to slash its relatively high 30% rate to 25% by the end of 2017 -- a centerpiece of its broader tax reform.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more