Vietnam: MoF releases pillar 2 tax procedures, forms
Vietnam’s Ministry of Finance has issued Decision 3563/QD-BTC introducing new tax administrative procedures and forms on 21 October 2025, under the management of the Tax Management Department of Large Enterprises, in line with Decree
See More
India: CBDT extends income tax returns, audit report deadlines for AY 2025-26
The Central Board of Direct Taxes (CBDT), operating under the Government of India's Ministry of Finance, Department of Revenue, has announced an extension of deadlines for filing Income Tax Returns (ITRs) and various reports of audit for the
See More
New Zealand: Opposition party proposes targeted capital gains tax to fund free doctor visits
RF Report The Labour Party of New Zealand, the leading opposition party in parliament, has announced a proposal which targets capital gains tax on profits from the sale of commercial or residential properties, excluding the family home,
See More
Taiwan: Tax Bureau clarifies making up past losses in undistributed earnings
RF Report HuWei Office, National Taxation Bureau of the Central Area, Ministry of Finance, Taiwan, stated, pursuant to Article 66-9 of the Income Tax Act, when a profit-seeking enterprise files its undistributed earnings, its surplus earnings can
See More
India to impose import duty on yellow peas from November
RF Report The Indian government will impose a 30% import duty on yellow peas from 1 November 2025 to support domestic pulse prices ahead of the rabi season. Shipments dated on or before 31 October are exempt from this levy. Pulse prices,
See More
US and Korea (Rep.) sign trade deal, reduces auto tariffs
RF Report The US and Korea (Rep.) signed a major trade agreement on 29 October 2025. The key aspect of this agreement is the reduction of US tariffs on automobiles and auto parts imported from Korea (Rep.), from 25% to 15%. In exchange for
See More
US and Japan sign trade deal, critical minerals pact
RF Report The US and Japan finalised a new trade agreement on 28 October 2025 that implements the terms of a July deal, easing tariff tensions and deepening economic cooperation. Under the arrangement, the US will apply a reduced 15% tariff on
See More
US reduces Chinese tariffs post Trump-Xi meeting
RF Report US President Donald Trump announced a significant agreement with Chinese President Xi Jinping during their meeting at the APEC summit in South Korea on 30 October 2025. The two leaders agreed to reduce tariffs and address key trade
See More
Australia: ATO updates APA guidance
The Australian Taxation Office (ATO) updated Law Administration Practice Statement PS LA 2015/4 to reflect enhancements to its advance pricing arrangement (APA) programme. The changes incorporate recommendations from the ATO’s 2023 APA Programme
See More
Japan,Turkmenistan tax treaty to enter into force in November
Regfollower Desk Japan and Turkmenistan exchanged diplomatic notes in Ashgabat to bring into force the “Convention between Japan and Turkmenistan for the Elimination of Double Taxation with respect to Taxes on Income and the Prevention of Tax
See More
Thailand: Cabinet approves temporary tourism tax incentives for Q4 2025
Regfollower Desk The Thai Cabinet approved a series of tax measures to promote domestic tourism, as announced by the Thai Revenue Department. The initiatives include incentives for individual travellers, corporate tax deductions for domestic
See More
Cambodia, Malaysia, Thailand sign agreement to scrap implementation of digital services taxes on US firms
Regfollower Desk The White House recently announced trade agreements with Cambodia, Malaysia, and Thailand, which include commitments from these nations to avoid imposing digital services taxes (DSTs) or similar measures that could unfairly
See More
China strengthens trade ties with ASEAN
Regfollower Desk China and the ASEAN bloc signed an upgraded free trade agreement on 28 October 2025, marking a significant step in their economic partnership. The new deal, referred to as the 3.0 version, focuses on emerging sectors such as
See More
Taiwan revises customs consultation rules to protect taxpayer rights
Regfollower Desk Taiwan’s Customs Administration, Ministry of Finance, announced that it revised and promulgated the Operation Directions for the Consultation of Customs Cases (the “Directions”) on 15 July 2025. The update aims to protect
See More
Taiwan announces second installment deadline for 2025 business vehicle license tax
Regfollower Desk The Taxation Administration of Taiwan’s Ministry of Finance announced today, 29 October 2025, that the second installment of the 2025 business vehicle license tax began on 1 October 2025, with the payment deadline set for 31
See More
Taiwan: Tax Administration extends 2025 land value tax deadline
Regfollower Desk The Taiwan’s Taxation Administration has announced yesterday, 28 October 2025, that the statutory payment period for the 2025 land value tax deadline has been extended, from 1 – 30 November 2025, to 1 December due to the last
See More
Australia: Treasury consults updates to minimum tax rules, aligns with OECD standards
Regfollower Desk The Australian Treasury has opened a consultation on the draft Taxation (Multinational—Global and Domestic Minimum Tax) Amendment (2025 Measures No. 1) Rules 2025 on 27 October 2025. These amendments revise certain
See More
New Zealand: Inland Revenue consults working for families tax credit eligibility rules
Public feedback on the Exposure Draft is open until 9 December 2025. Regfollower Desk New Zealand Inland Revenue on 24 October 2025 released an Exposure Draft (PUB00513) for consultation on eligibility rules for Working for Families tax
See More