Kazakhstan: Ministry of Finance introduces new tax returns forms
Kazakhstan has officially published new tax reporting forms on 17 November 2025 under Ministry of Finance Decision No. 695. The updated forms cover corporate income tax, individual income and social tax, VAT, and corporate tax withheld from
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Kazakhstan: Ministry of Finance approves new tax forms, clearance certificate for 2026
Kazakhstan’s Ministry of Finance has approved a comprehensive set of tax reporting forms and a new tax clearance certificate under Order No. 695, published officially on 17 November 2025, to take effect from 1 January 2026 in line with the updated
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Australia: Victoria parliament approves amendments to omnibus state tax bill, receives royal assent
The Victorian government has passed the State Taxation Further Amendment Act 2025 (the Act), which received Royal Assent on 25 November 2025. The Act implements changes to the congestion levy announced in the 2024–25 Budget Update and amends
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Taiwan: Tax Bureau clarifies CFC investment income deductions
Taiwan’s National Taxation Bureau, under the Ministry of Finance, has clarified rules on the calculation of Controlled Foreign Company (CFC) investment income for profit-seeking enterprises, emphasising that accumulated losses recorded in a
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Taiwan: Basic income tax thresholds, related deductions to remain unchanged for 2026
Taiwan’s Ministry of Finance (MOF) has confirmed that the amounts of basic income eligible for an exemption from income basic tax and related deductions will remain unchanged for 2026, in line with the Income Basic Tax Act. This announcement
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Australia: ATO issues guidance on Pillar 2 filing obligations
The Australian Taxation Office (ATO) issued a guideline outlining its transitional approach to penalties and expectations for the four new Pillar 2 filing obligations on 26 November 2025, offering tailored guidance and certainty for MNEs during the
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Sri Lanka: Cabinet approves signing of amending protocol to tax treaty with Luxembourg
The Sri Lankan Cabinet approved the signing of an amending protocol to the 2013 income and capital tax treaty with Luxembourg on 24 November 2025. The new agreement aims to align with the latest international standards and implement
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Qatar: General Tax Authority updates withholding tax forms, adds contract notification reference
Qatar’s General Tax Authority has announced amendments to the withholding tax forms, introducing a new field requiring the reference number of the contract notification issued through the “Tax” system. This addition comes alongside the
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Sri Lanka continues Committee Stage Debate on 2026 Budget
Sri Lanka’s Parliament progressed through the Committee Stage Debate of the 2026 Budget this week, with the 10th and 11th days of the 17-day proceedings addressing several key ministry allocations under the Appropriation Bill. On 26 November
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Australia extends CbC reporting deadline
The Australian Taxation Office (ATO) has announced a lodgment deferral for country-by-country (CbC) reporting entities, extending the deadline for filing CbC statements to 30 January 2026. Under the deferral, in-scope entities must lodge all
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India considers extending steel import duty
India is considering extending an import tariff on certain steel products to address cheaper imports, mainly from China, Reuters reported. The move follows concerns that low-priced inflows are impacting domestic producers. In its final findings
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Australia, Canada sign customs mutual assistance agreement
Canada Border Services Agency (CBSA) announced on 19 November 2025 that officials from Australia and Canada signed a Customs Mutual Assistance Agreement. CBSA announces Customs Mutual Assistance Agreement with Australia Strong partnerships
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Australia: Government consults on 2018 GST reform operations
The Australian government’s Productivity Commission released an issues paper for consultation on how the federal government’s 2018 goods and services tax (GST) reforms are functioning. Australia’s system of federal financial relations
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Armenia, Japan tax treaty enters into force
Japan’s Ministry of Foreign Affairs announced on 21 November 2025 that the Armenia–Japan Income Tax Treaty (2024) will enter into force on 20 December 2025, with most of its provisions coming into effect on 1 January 2026. However, the
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Australia, Croatia sign income tax treaty
Australia and Croatia signed a new income tax treaty on 24 November 2025. This agreement aims to eliminate double taxation on income and prevent tax evasion and avoidance between the two countries. The treaty sets dividend withholding tax at
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UAE, China sign MoU on tax cooperation
The UAE’s Federal Tax Authority (FTA) has signed a Memorandum of Understanding (MoU) with the State Taxation Administration of China (STA) to strengthen bilateral cooperation in tax-related matters on 20 November 2025. The MoU was signed by HE
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Netherlands, Thailand sign new income tax treaty
The Netherlands and Thailand signed a new income tax treaty on 21 November 2025 during the 4th EU Indo-Pacific Ministerial Forum (IPMF) in Brussels. The new agreement aims to align with the latest international standards and implement
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Hong Kong: IRD extends 2024/25 tax return filing deadline for year-ends January–March 2025
To assist businesses and practitioners with recent operational demands, through Circular Letter to Tax Representatives on the Block Extension Scheme for Lodgement of 2024/25 Tax Returns on 21 November 2025, the Inland Revenue Department (IRD)
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