Thailand signs multilateral agreement on GloBE information exchange (GIR MCAA)
Thailand signed the Multilateral Competent Authority Agreement on the Exchange of GloBE Information (GIR MCAA) on 4 August 2026, according to an OECD update. The GIR MCAA is intended to reduce compliance burdens for multinational enterprise (MNE)
See More
Indonesia: DGT overhauls tax compliance supervision, expands digital transaction oversight
Indonesia's Directorate General of Taxes (DGT) rolled out three coordinated regulatory changes in July 2026 to modernise compliance oversight, expand data access, and capture revenue from digital transactions. The reforms mark a departure from
See More
Croatia, Thailand continue negotiations on income tax treaty
Croatian and Thai officials met on 4 September 2026 to discuss strengthening bilateral relations, including the continuation of negotiations on an income tax treaty, according to a release from Croatia’s Ministry of Finance. Discussions also
See More
Macau, Malaysia explore income tax treaty
Officials from Macau and Malaysia met on 4 September 2026 to discuss strengthening bilateral cooperation, including through negotiations on an income tax treaty, according to a release from the Macau government. The two sides also supported
See More
Taiwan warns on securities tax for unlisted shares
Taiwan’s Kaohsiung National Taxation Bureau has reminded investors that securities transaction tax may apply to the sale of shares in unlisted companies, depending on how the shares were issued. Under the Securities Transaction Tax Act, shares
See More
Taiwan reminds businesses of cross-border e-service tax duties
Taiwan’s Yuanlin Office of the National Taxation Bureau of the Central Area, Ministry of Finance, has reminded domestic business entities and individuals purchasing cross-border electronic services from foreign suppliers, including Google,
See More
Kazakhstan: National Bank cuts base rate
Kazakhstan’s National Bank cut its base rate to 16.25% on 4 September 2026, with an interest rate corridor of ±1 percentage point, citing continued disinflation and lower inflation expectations. The base rate is applied to calculate interest and
See More
Taiwan expands payment channels for provisional corporate income tax
Taiwan’s Kaohsiung National Taxation Bureau, Ministry of Finance, has outlined multiple tax payment channels for profit-seeking enterprises filing provisional corporate income tax returns for fiscal year 2026, with the filing period running from 1
See More
Philippines ratifies income tax treaty with Cambodia
The Philippines ratified its income tax treaty with Cambodia, which was signed on 11 February 2025. The Philippine Senate approved the treaty through Resolution No. 628, following the President’s authorisation of its ratification on 5 June
See More
Australia proposes 30% minimum tax on discretionary trusts to curb income splitting
Australia’s Treasury released an exposure draft legislation, on 3 September 2026, proposing a legislative framework for the Income Tax Rates Amendment Bill 2026, which introduces a 30% minimum tax on the income of discretionary trusts starting in
See More
Australia: ATO publishes final ruling on software royalties, expanded draft compliance guideline
The Australian Taxation Office published final Taxation Ruling TR 2026/2 Income tax: royalties – character of payments on 4 September 2026, establishing the ATO's position on software intermediation arrangements and when payments qualify as
See More
Australia: FBT rules tightening on salary sacrificed work benefits
The Australian Taxation Office (ATO) has announced reforms on 7 September 2026 that restrict how employers can reduce fringe benefits tax (FBT) liability when offering salary sacrificed work-related benefits, particularly for expenses covered by the
See More
Hong Kong, Slovenia sign income tax agreement
The Hong Kong Financial Services and the Treasury Bureau completed negotiations on a comprehensive avoidance of double taxation agreement (CDTA) with Slovenia on 4 September 2026. Secretary Christopher Hui signed the accord on behalf of the Hong
See More
Singapore: IRAS clarifies tax treatment of loan waiver
The Inland Revenue Authority of Singapore (IRAS) has ruled that an intended waiver of a loan between a company and its intermediate holding company is a capital transaction, with any resulting gains not subject to tax under section 10(1) of the
See More
Pakistan: FBR amends income tax return form for tax year 2026
Pakistan’s Federal Board of Revenue (FBR) has amended the income tax return form for tax year 2026 through SRO 1495(I)/2026 issued on 3 September 2026, introducing four new parts before the statutory filing deadline. The notification amends the
See More
Hong Kong: IRD overhauls e-tax system after ombudsman investigation into failed submissions
Hong Kong’s Inland Revenue Department has responded to an Ombudsman investigation released on 31 August 2026 regarding unsuccessful delivery of electronic tax returns. The report examined technical glitches that prevented members of the public
See More
New Zealand proposes updated tax rules for payments to nonresident software providers
New Zealand’s Inland Revenue has opened a consultation on 2 September 2026 on Exposure Draft No. PUB00266, which proposes replacing Interpretation Guideline No. IG0007 on the income taxation of payments to nonresident software suppliers. The
See More
Taiwan clarifies invoice rules when penalty offsets reduce project payments
The Taipei National Taxation Bureau of the Ministry of Finance issued a guidance on 4 September 2026 clarifying how businesses must handle invoicing when late-completion penalties offset outstanding project balances. The ruling clarifies that
See More