Taiwan announces extended deadline for 2025 withholding, dividend statements
Taiwan’s Northern District National Taxation Bureau of the Ministry of Finance has announced that the filing period for 2025 income withholding and non-withholding statements, dividend statements, and trust income returns runs from 1 January 2026
See More
Australia to consult thin capitalisation reforms
Australia’s government has asked the Board of Taxation to independently review the recent changes to Australia’s thin capitalisation rules. These changes were introduced in Schedule 2 of the Treasury Laws Amendment (Making Multinationals Pay
See More
New Zealand: Government announces 2026 budget date
The New Zealand Government will present its 2026 Budget on 28 May 2026, outlining its financial intentions for the 2026–2027 fiscal year, Finance Minister Nicola Willis announced on 28 January 2026. “The focus of this year’s Budget will be
See More
India: 2026 budget proposes relaxed tax rules for multinationals, reforms safe harbour regime
India's Minister of Finance, Nirmala Sitharaman, delivered the Union Budget for 2026-27 on 1 February 2026. The proposals aim to relax tax rules for multinational companies, which are expected to bring greater certainty to cross-border transactions.
See More
Bangladesh: NBR further extends individual income tax return deadline
Bangladesh’s National Board of Revenue (NBR) announced a further extension for the submission of income tax returns by individual taxpayers and Hindu Undivided Family (HUF) taxpayers for the 2025–26 tax year on 29 January 2026. According to
See More
Taiwan: Tax authority clarifies use correct industry codes when filing income tax
Taiwan’s Central District National Taxation Bureau of the Ministry of Finance has reminded profit-seeking enterprises to declare profit-seeking enterprise income tax using the correct industry code based on their actual economic activities for the
See More
China releases 16th annual APA report (2024), highlighting strong growth, efficiency
China’s State Taxation Administration (STA) published its 16th Annual Advance Pricing Agreement (APA) Report on 25 November 2025, providing a comprehensive overview of the country’s APA programme and its development between 2005 and 2024. The
See More
Philippines: BIR resumes tax audits, field operations under new rules
The Philippines’ Bureau of Internal Revenue (BIR) announced on 27 January 2026, through Revenue Memorandum Circular (RMC) 8-2026, the lifting of the suspension on all tax audits and field operations that had been halted under an order issued in
See More
Cambodia: GDT reminds self-assessed enterprises of 2025 annual income tax filing, payment deadlines
Cambodia’s General Department of Taxation (GDT) issued notice ( No. L202512110049TD3418) on 14 January 2026, reminding enterprises under the self-assessment regime of their obligations to file and pay annual income tax for the 2025 tax year, in
See More
Vietnam amends VAT law, eases compliance for small businesses
Vietnam passed Law No. 149/2025/QH15 on 11 December 2026, amending the Value-Added Tax Law No. 48/2024/QH15. The law was approved by the National Assembly in December 2025 and takes effect from 1 January 2026. The amendments remove the
See More
India, EU seal major trade deal: Cuts tariffs on most goods
India and the European Union signed a long-awaited trade agreement on 27 January 2026 at the 16th EU-India summit in New Delhi that will significantly reduce tariffs on most goods, aiming to boost bilateral trade and reduce reliance on the US amid
See More
US imposes 25% tariffs on Korean imports
US President Donald Trump announced in a Truth Social post on 27 January 2026 that tariffs on Korean autos, lumber, pharmaceuticals, and other goods subject to reciprocal measures will increase from 15% to 25%. The higher rate reverses the
See More
Japan, Philippines negotiates to revise income tax treaty
The Japanese Ministry of Foreign Affairs announced, on 26 January 2026, that the first round of negotiations to update the Japan–Philippines Income Tax Treaty will begin in Manila today, 27 January 2026. The treaty was originally signed in 1980
See More
New Zealand: Inland Revenue updates guidance on Crypto-Asset Reporting Framework
New Zealand’s Inland Revenue has issued updated guidance on the Crypto-Asset Reporting Framework (CARF) on 16 January 2026. The Framework, developed by the OECD to increase the visibility of activities in the crypto-asset sector, will take effect
See More
Indonesia revises rules governing tax treaty application
The Indonesian Ministry of Finance issued Regulation No. 112 of 2025 (PMK-112/2025) on 30 December 2025, introducing a comprehensive update to the framework governing the application of tax treaties in line with international standards. The
See More
US: Trump threatens to hike tariffs on Korean imports
Korea (Rep.) moved quickly on 27 January 2026 to reassure the US that it still plans to carry out a major trade agreement, after President Donald Trump threatened to raise tariffs on Korean imports. Trump said the tariff increase was a response
See More
Korea(Rep.) consults Pillar 2 global minimum tax rules, side-by-side arrangement
Korea (Rep.)’s Ministry of Strategy and Finance has released Legislative Notice No. 2026-15 on 19 January 2026, initiating a public consultation and detailing draft amendments to the Enforcement Decree of the Act on International Tax Adjustment
See More
Taiwan: Tax Bureau extends income certificate filing deadline
Taiwan’s Central District National Taxation Bureau of the Ministry of Finance has announced that the filing period for 2025 income withholding and non-withholding certificates will run from 1 January 2026 to 2 February 2026, with the deadline
See More