Global Minimum Tax: Policy Impact on Investment Promotion and Incentives in ASEAN Member States

Table of Contents

• Introduction 1
• Key Messages 1
• Sufian Jusoh 1
• Intan Murnira Ramli 1
• Global Minimum Tax 2
• Corporate Income Taxes in AMS 3
• Figure 1 Avoidance of MNEs Shifting Profits to Low-Tax Countries and Territories 3
• Figure 2 Exclusion from GMT 4
• Figure 3 FDI Inflows to ASEAN 20122022 4
• Figure 5 Taxes on Income Profits and Capital Gains as a Percentage of GDP 5
• Figure 4 Tax Collection as a Percentage of GDP ASEAN Member States 5
• GMT and the Implications on Investment 6
• Promotion and Incentives in ASEAN Member States 6
• Implementation of the GMT by ASEAN and 6
• Alternatives to Attract FDI 6
• Conclusion 7
• World Investment Report 2023 8
• Investing in Sustainable Energy for All 8
• Towards Sustainable Tax Policies in the ASEAN Region The Case of Corporate Tax Incentives 8
• Global Investment 8
• Competitiveness Report 20192020 Rebuilding Investor Confidence in Times of Uncertainty 8
• References 8
• ASEAN Briefing 8