Australia: ATO updates guidance on critical minerals production tax incentives
The Australian Taxation Office (ATO) has released updated guidance on how to claim the Critical Minerals Production Tax Incentive (CMPTI) on 3 March 2026. In the 2024–25 Budget, the Australian Government announced its Future Made in Australia
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Taiwan: Tax relief available for small businesses affected by natural disaster
The Central Region National Taxation Bureau of the Ministry of Finance (Taiwan) has announced that small-scale business owners whose operations are interrupted due to heavy rain or other natural disasters may apply for tax relief for disaster losses
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Singapore: IRAS advance ruling confirms property sale treated as capital transaction
The Inland Revenue Authority of Singapore (IRAS) has published Advance Ruling Summary No. 4/2026 on 2 March 2026, addressing whether the sale of a company’s property should be regarded as a capital transaction rather than taxable trading
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Korea (Rep.): 2026 tax measures to boost corporate liquidity, strategic investment
Korea(Rep.)’s National Tax Service (NTS) has rolled out comprehensive tax support and administrative measures to assist businesses facing economic challenges and to strengthen strategic growth sectors in 2026. Corporate liquidity and payment
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France nears completion of tax treaty negotiations with Cambodia
France began negotiations with Cambodia at the end of 2023 for an income tax treaty. The talks are now “about to be completed,” according to a response published on 5 February 2026. The treaty will prevent double taxation for residents
See MoreSingapore confirms second income tax treaty protocol with Cambodia
Singapore’s Ministry of Finance (MoF) has confirmed that the second protocol amending the income tax treaty with Cambodia entered into force on 6 March 2026. Signed on 2 November 2023, the protocol updates the DTA’s preamble and introduces a
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Singapore: IRAS updates CbC report exchange jurisdictions
The Inland Revenue Authority of Singapore (IRAS) has revised the list of jurisdictions with which it will exchange Country-by-Country (CbC) reports under the Multilateral Competent Authority Agreement on Automatic Exchange of Country-by-Country
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Taiwan signs income tax treaty with Tuvalu
Taiwan’s Ministry of Finance confirmed that an income tax treaty with Tuvalu was signed on 4 March 2026. The agreement seeks to prevent double taxation and fiscal evasion between the two nations. The 29-article treaty provides for reduced
See MoreAustralia, Canada agree to revise tax treaty framework
Australian Prime Minister Anthony Albanese and Canadian Prime Minister Mark Carney issued a joint statement on 5 March 2026 at the outset of Carney's first official visit to Australia. The two leaders have committed to modernising the two
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Taiwan reminds businesses to submit tax returns for cancellation period
Taiwan has reminded businesses that cancelling tax registration does not end all tax obligations, and that a business tax return must still be filed for the cancellation period within the statutory deadline to avoid penalties. The Kaohsiung
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Philippines: Senate to reduce VAT rate
The Philippine Senate is reviewing draft Bill No. SBN-1916, known as the VAT Reduction Act, was introduced on 26 February 2026. The VAT Reduction Act proposes lowering the Value-Added Tax (VAT) in the Philippines from 12% to 10% to align with the
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Philippines: Tax court upholds dividend withholding tax exemption for foreign government investors
The Philippine Court of Tax Appeals ruled on 26 February 2026 concerning the withholding tax exemption on dividends under Section 32(B)(7)(a) of the National Internal Revenue Code (NIRC) of 1997. Section 32(B) excludes certain income items from
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Hong Kong to Gazette Inland Revenue Amendment Bill 2026
The Hong Kong Government will gazette the Inland Revenue (Amendment) (Tax Concessions, Concessionary Deductions and Allowances) Bill 2026 on 6 March, introducing concessionary tax measures announced in the 2025 Policy Address and the 2026-27
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Hong Kong to raise stamp duty on high-value homes
Hong Kong’s Stamp Duty (Amendment) Bill 2026 will be gazetted on 6 March to increase the stamp duty rate for residential property transactions where the amount or value of consideration exceeds HKD 100 million, from 4.25% to 6.5%, as announced in
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India, Canada to finalise free trade agreement by year-end
India and Canada aim to conclude a free trade agreement by the end of 2026, Prime Minister Mark Carney said on 2 March 2026, during his first visit to New Delhi. The deal is intended to restore economic ties after years of diplomatic
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Taiwan: Taipei Tax Bureau opens applications for 114th income tax filing support
Taiwan’s Taipei National Taxation Bureau, Ministry of Finance, has opened applications for supporting measures related to the 114th annual individual income tax return filing, scheduled for May 2026 (year 115). Taxpayers can submit requests
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Bangladesh: NBR invites budget proposals for 2026-27
Bangladesh’s National Board of Revenue (NBR) has requested taxpayers, business organisations, trade bodies and other stakeholders to submit proposals for the 2026-27 fiscal year budget. The move is part of the board’s preparations to formulate a
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Australia: ATO releases public country-by-country reporting compliance guidance
The Australian Taxation Office (ATO) has released instructions to complete the public country-by-country report on 3 March 2026. The instructions include: Public CBC report overview Overview of Public CBC report instructions and publishing
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