New Zealand: Inland Revenue consults shareholder loans
New Zealand Inland Revenue launched a public consultation on 4 December 2025 on the taxation of company loans to shareholders. The consultation proposes a new 12-month time limit, under which certain shareholder loans would be treated as
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Luxembourg: Parliament approves tax treaty protocol with Vietnam
The Luxembourg parliament ratified a protocol updating the 1996 income and capital tax treaty with Vietnam on 2 December 2025. The Chamber of Deputies approved the protocol on 20 November 2025, following earlier approval by the Council of State
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Taiwan, Japan sign third regional customs cooperation memorandum
Taiwan and Japan signed their third Regional Customs Cooperation Memorandum on 4 December 2025 during the 49th Taiwan-Japan Economic and Trade Conference, expanding bilateral customs exchanges. The memorandum was signed by Su Jia-chuan, Chairman of
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Australia: ATO releases sample forms for global and domestic minimum tax filings
The Australian Taxation Office (ATO) has updated its guidance on lodging, paying, and other obligations under Pillar Two, releasing two sample forms: Combined Global and Domestic Minimum Tax Return for a Group Entity (GE) Combined Global
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Taiwan: Foreign e-commerce firms can claim tax exemption on Taiwan-sourced profits
Taiwanese businesses paying for electronic services from foreign e-commerce enterprises may qualify for tax relief under bilateral tax treaties. This announcement was made by the Southern Taiwan National Tax Administration (STNTA) on 5 December
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Korea (Rep.): National Assembly approves corporate tax hike in new budget plan
The Korea (Rep.) National Assembly passed a series of budget-related amendment bills, including changes to the Corporate Tax Act that raise each of the four corporate tax brackets by 1%. Corporate Tax Rate Increase The National Assembly
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Taiwan: Foreign e-commerce firms can claim tax exemption on Taiwan-sourced profits
Taiwanese businesses paying for electronic services from foreign e-commerce enterprises may qualify for tax relief under bilateral tax treaties. This announcement was made by the Southern Taiwan National Tax Administration (STNTA) on 5 December
See MoreTaiwan: Tax authority urges organisations to join digitised donation deduction system
Taiwan’s National Taxation Bureau of the Northern Area has urged donation-receiving agencies and organisations to participate in the digitisation of documents related to donation deductions under the Comprehensive Income Tax, aligning with
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Thailand: Cabinet approves tax incentives for energy-saving equipment, solar rooftops
According to a Revenue Department release, the Thai Cabinet approved a draft royal decree on 25 November 2025 that introduces tax incentives for energy-efficient machinery, equipment, and materials, as well as for residential solar rooftop
See MoreAustralia enacts stricter beneficial ownership rules, extends tax incentives for small businesses
The Treasury Laws Amendment (Strengthening Financial Systems and Other Measures) Bill 2025 cleared both chambers of the Australian Parliament on 27 November 2025, without any changes to the version initially introduced. The final steps before it
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Cambodia: National Assembly approve income tax treaty with Laos
Cambodia's National Assembly approved the income tax treaty with Laos on 28 November 2025. The two countries had signed the agreement on 4 December 2024, during the visit of the Laotian Prime Minister to Cambodia. According to the National
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Cambodia approves income tax treaty with Philippines
Cambodia’s National Assembly approved the income tax treaty with the Philippines on 28 November 2025. The approval, announced in the results of the 5th session of the 7th legislature, covers a draft law establishing agreements between the two
See MoreCambodia approves tax treaty protocol with Singapore
Cambodia’s National Assembly approved the protocol amending the 2016 income tax treaty with Singapore on 28 November 2025. Originally signed on 2 November 2023, this is the first amendment to the treaty and will take effect after the
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Vietnam, South Africa move toward income tax treaty
Vietnam’s Ministry of Foreign Affairs has reported that representatives from Vietnam and South Africa met on 21 November 2025, during which both sides agreed to deepen bilateral cooperation and to pursue negotiations on an income tax
See MoreTaiwan: Northern Taiwan National Tax Administration urges agencies to digitise donation records
The Northern Taiwan National Tax Administration of the Ministry of Finance (MOF) announced today, 3 December 2025, that, in line with energy-saving and carbon reduction policies, it calls on all recipient agencies and organisations to actively
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Singapore: MoF consults 2026 Budget
Singapore’s Ministry of Finance (MOF) has opened a public consultation for Budget 2026, inviting individuals, organisations, and businesses to share their views from 2 December 2025 to 12 January 2026. Budget 2026 is scheduled to be presented
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OECD: The Global Forum on Tax Transparency holds 18th Plenary in India
The OECD announced the opening of the 18th Plenary Meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes, held in New Delhi, India, on 2 December 2025. International community meets in New Delhi to reflect on
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Taiwan: Tax authority sets Q4 2025 deduction deadline
Taiwan’s Southern Region National Tax Administration of the Ministry of Finance has reminded businesses using the assessed method for calculating business tax to declare input tax certificates for the fourth quarter of 2025 by 5 January 2026. The
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