Australia: ATO releases overview of Australian company tax rates for 2025-26
The Australian Taxation Office (ATO) has revised its guidance on company tax rates, providing an updated overview of the applicable rates for the 2025–26 income year, as outlined below: Companies Income category Rate (%) Base rate
See More
Cambodia, Korea (Rep.) sign MOU on tax information exchange
Cambodia and South Korea signed a Memorandum of Understanding (MoU) on the exchange of information for tax purposes during the 5th Korea-Cambodia Commissioners of Taxation Meeting in Phnom Penh. This announcement was made on 12 March 2026. The
See More
Bangladesh: NBR extends PIT deadline for 2025–26 income tax returns
The National Board of Revenue (NBR) has extended the deadline for filing 2025–2026 Personal Income Tax (PIT) returns. Taxpayers now have until 31 March 2026 to submit their returns online through the e-Return system. This announcement was made
See More
Singapore: IRAS updates GST guidance for construction services
The Inland Revenue Authority of Singapore (IRAS) has updated its guidance on Goods and Services Tax (GST) for construction services, introducing a new video to clarify key rules for the industry on 18 March 2026. The video covers general GST
See More
Taiwan clarifies only full-time personnel qualify as eligible expenditure for R&D tax credit
Taiwan’s Ministry of Finance issued a notice on 16 March 2026, clarifying that only full-time personnel fully dedicated to R&D activities qualify as eligible expenditure for investment tax credits. To advance industrial innovation and
See More
Hong Kong temporarily suspends profits tax return filings to accommodate system upgrade
The Hong Kong Inland Revenue Department (IRD) announced, on 18 March 2026, a temporary suspension of its electronic profits tax return filing service in preparation for the rollout of a new version on 1 April 2026. To facilitate system update,
See More
Vietnam, Rwanda begin income tax treaty negotiations
Vietnam and Rwanda initiated their first round of negotiations for an income tax treaty on 16 March 2026. Deputy Director Dang Ngoc Minh, leading the Vietnamese delegation, welcomed the Rwandan team and highlighted the strong diplomatic ties
See More
India, France sign amending protocol to tax treaty
India’s Central Board of Direct Taxes issued a press release on 23 February 2026, announcing that an amending protocol to the 1992 France–India income and capital tax treaty was signed on 17 February 2026. The protocol introduces significant
See More
Slovak Republic consults new tax treaty with Sri Lanka
The Slovak Republic has initiated public consultation for a proposed income tax treaty with Sri Lanka, with the deadline for feedback set at 31 March 2026. Once signed and ratified, this new agreement will replace the 1978 tax treaty between Sri
See More
Kazakhstan approves country list for CFC exemption tied to corporate tax thresholds, treaty criteria
Kazakhstan's Minister of Finance has approved a comprehensive list of countries whose businesses qualify for double taxation treaty benefits based on their corporate tax rates. The approved countries must maintain a nominal corporate income tax
See More
Korea (Rep.) introduces transfer pricing reforms, Pillar Two rollout
Korea (Rep.) has published Presidential Decree No. 36128, partially amending the enforcement Decree of the International Tax Adjustment Act, in the Official Gazette on 27 February 2026. The Decree introduces sweeping updates to its international tax
See More
Taiwan: MoF clarifies penalties for CFC based salary concealment
Taiwan’s Ministry of Finance (MoF) has released a notice 16 March 2026, outlining penalties for cases where employee salary income in Taiwan is concealed through Controlled Foreign Corporations (CFCs) that have no substantive operations. To
See More
Japan, Czech Republic agree on new income tax treaty
Japan's Ministry of Foreign Affairs announced on 13 March 2026 that officials from Japan and the Czech Republic have successfully concluded negotiations and agreed in principle on a new income tax treaty. The agreement was initialled by both parties
See More
Bangladesh, Bhutan explore free trade agreement
Bangladesh has asked Bhutan to submit a proposal for a potential free trade agreement (FTA) following Bhutan’s interest in upgrading the existing preferential trade agreement (PTA), Commerce Secretary Mahbubur Rahman said on 12 March 2026. Once
See MoreBangladesh: NBR extends corporate, VAT filing deadlines
Bangladesh’s National Board of Revenue (NBR) has announced extensions for key tax return submissions, offering businesses additional time to complete mandatory filings. For the 2025-26 tax year, companies now have until 15 April 2026 to submit
See More
Australia: ATO issues final guidance on mining, petroleum exploration deductions
The Australian Taxation Office (ATO) has published final guidance outlining its position on deductions for mining and petroleum exploration expenditure on 12 March 2026. Following the release of the draft for consultation in December 2025, the
See MoreHong Kong, Laos to negotiate income tax treaty
Hong Kong's Financial Services Secretary Christopher Hui met with Laos Finance Minister Santiphab Phomvihane on 11 March 2026 to finalise a double taxation treaty, according to a press release. The first round of discussions will commence on 23
See More
Singapore to engage USTR over Section 301 probe citing disputed trade data
Singapore’s Ministry of Trade and Industry said on Thursday, 12 March 2026, that it will engage with the US Trade Representative (USTR) to clarify data and details of a Section 301 trade investigation targeting excess industrial capacity. The
See More