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ASEAN Finance Ministers and Central Bank Governors Discuss Tax Treaty Network, Exchange of Information, Global Minimum Tax, and Other Tax Issues

06 September 2023

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Proposed Changes

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Association of Southeast Asian Nations

The 10th ASEAN Finance Ministers' and Central Bank Governors' Meeting was held on 25 August 2023, during which attendees discussed various issues including in the area of taxation. In this regard, the joint statement issued after the meeting includes the following: The Meeting welcomed the progress of the ASEAN Forum on Taxation's (AFT) initiatives to support the completion and improvement of the network of bilateral tax agreements to address the issue of double taxation and encouraged ASEAN Member States (AMS) to expedite the completion and improvement of the network of bilateral tax agreements to improve investment climate in the region....