Recent Articles
June 2023
May 2023
31 May - Saudi Arabia: Fifth wave of e-invoicing applicability
30 May - Philippines: Optional filing and payment of monthly VAT returns for VAT-registered persons
30 May - Saudi Arabia: Treatment of service permanent establishments in context of income tax treaties
30 May - Australia: Consultation on proposed 2023-2024 supervisory levies for financial institutions
26 May - Australia: Housing and vehicle related tax measures in 2023-2024 budget (Tasmania)
26 May - Singapore: Application of GST in “direct selling” business model (High Court decision)
25 May - Hong Kong: Voluntary e-filing of profits tax returns
24 May - Australia: Overview of direct and indirect tax measures in 2023-2024 budget (Victoria)
23 May - India: Proposed change to valuation rules under “Angel Tax”
22 May - New Zealand: May 2023 Tax Bill includes Pillar Two global minimum tax rules
19 May - Australia: Updated draft practical compliance guideline on intangibles arrangements
18 May - Hong Kong: Family office tax regime bill passed
18 May - New Zealand: Budget 2023
18 May - Singapore: Determining the true nature of payments in a transaction
17 May - Bahrain: Electronic system for digital stamps orders
17 May - Australia: Proposed changes to petroleum resource rent tax regime
12 May - Australia: Tax-related proposals in 2023-2024 budget (Western Australia)
12 May - Hong Kong: Public consultation on proposed company re-domiciliation regime
12 May - Malaysia: Summary of income and indirect tax developments (May 2023)
10 May - Philippines: Guidance on application of VAT to registered export enterprise
10 May - Australia: Repeal of stamp tax on non-land assets announced in 2023-2024 budget (Northern Territory)
9 May - Australia: 2023 federal budget released
4 May - Hong Kong: Tax changes in draft legislation implementing risk-based capital regime for insurers
4 May - Philippines: Online submission of annual tax incentives and benefits reports
3 May - Bahrain: Potential introduction of corporate income tax on large multinational enterprises
2 May - Cambodia: Clarification of rules regarding when withholding tax is due
2 May - Saudi Arabia: Fourth wave of e-invoicing applicability
April 2023
28 Apr - Japan: 2023 tax reform proposals enacted
27 Apr - Japan: Proposed reduction in effective tax rate exemption threshold under CFC regime
26 Apr - Philippines: Clarification of guidelines for registered business enterprises in IT sector
26 Apr - Philippines: Guidance for cooperatives
26 Apr - India: New direct and indirect tax dispute settlement scheme (West Bengal)
24 Apr - India: Amnesty program for non-compliance of export obligations
24 Apr - Thailand: Extension of tax incentives to encourage personnel development, foreign investments
24 Apr - Thailand: Guidance on VAT exemption granted to promote data center businesses
21 Apr - Thailand: Requirements for e-tax invoice
20 Apr - Kazakhstan: Amendments to rules for excess VAT refund
14 Apr - Hong Kong: Developments related to taxation of family offices
14 Apr - Indonesia: Tax-related incentives for activities in new capital city
14 Apr - Singapore: New enterprise innovation scheme under 2023 budget
13 Apr - Hong Kong: Consultation document on proposed changes to foreign-sourced income exemption regime
13 Apr - Malaysia: Summary of income and indirect tax developments (April 2023)
13 Apr - Philippines: Online registration and update system introduced
12 Apr - New Zealand: 2023 Tax Act receives Royal Assent; quarterly review of other tax developments
10 Apr - UAE: Small business tax relief
7 Apr - Saudi Arabia: Third wave of e-invoicing applicability
6 Apr - KPMG report: Global developments in ESG-related taxes, incentives, and grants (ESG tax tracker)
4 Apr - Hong Kong: Guide to 2022-2023 profits tax filing
4 Apr - Philippines: Guidance on return processing system assessment notices
3 Apr - Bahrain: Penalties applied to unregistered businesses charging VAT on supplies
3 Apr - Bahrain: Reporting sales and corresponding adjustments at 5% in VAT return form re-enabled
March 2023
29 Mar - Philippines: Transfer of registration by existing registered business enterprises
29 Mar - Vietnam: MAAC signed, intention to implement Pillar Two global minimum tax
28 Mar - Hong Kong: Proposal to clarify non-taxation of onshore gains from disposal of equity interests
28 Mar - Thailand: Proposed income tax and VAT exemption on offering or trading of investment tokens
27 Mar - Saudi Arabia: Amendments to excise rules
24 Mar - UAE: Updated VAT guide on input tax apportionment
23 Mar - Israel: Proposed VAT on digital services and goods
23 Mar - Qatar: One-month extension of income tax return filing and payment deadline
22 Mar - Bahrain: Mandatory digital stamps for waterpipe tobacco products
22 Mar - Philippines: Clarification of effects of publishing list of taxpayers who cannot be located
21 Mar - Qatar: Income tax treaty signed with Egypt
20 Mar - Australia: Changes to interest limitation rules
20 Mar - India: Proof required for claiming input VAT credit (Supreme Court decision)
17 Mar - Indonesia: New customs and VAT obligations on imported software products, other digital goods
14 Mar - New Zealand: Tax relief measures, fringe benefit tax exemption for e-bikes added to 2022 Tax Bill
14 Mar - Thailand: Extension of tax measures to support e-tax systems
13 Mar - Malaysia: Summary of income and indirect tax developments (March 2023)
13 Mar - Saudi Arabia: Public consultation on draft amendments to Zakat implementing regulations
8 Mar - Vietnam: Directives on tax inspections and tax audits for 2023
7 Mar - Indonesia: Guidance on categories of non-VAT-able goods and services
7 Mar - New Zealand: Update on bill including GST measures and dual-resident company tax changes
6 Mar - Hong Kong: Instrument of ratification of MLI deposited with OECD
2 Mar - UAE: Amendment to VAT executive regulations concerning e-commerce supplies
1 Mar - Bahrain: Expansion of digital stamp scheme to additional tobacco products
February 2023
28 Feb - KPMG report: Domestic tax rules governing family business transfers
28 Feb - Saudi Arabia: Update on VAT refunds to non-residents
27 Feb - Malaysia: Indirect and income tax proposals in “re-tabled” 2023 budget
24 Feb - China: Clarifications on procedures relating to 2022 annual comprehensive income tax reconciliation
24 Feb - Singapore: Updates on GST claims for motor cars, related expenses
23 Feb - Indonesia: Additional implementing regulations of VAT law
21 Feb - Pakistan: Income tax measures, increases in sales and excise tax rates in “mini budget”
20 Feb - Cambodia: Amendment on implementation of VAT on e-commerce
20 Feb - India: GST Council makes recommendations regarding amnesty schemes and GST rate changes
17 Feb - Hong Kong: Planned amendments to foreign-sourced income exemption regime
17 Feb - Qatar: VAT regime now expected in 2023
16 Feb - India: Centralized processing of equalization levy statement scheme 2023
16 Feb - Philippines: Draft legislation to impose VAT on digital services
15 Feb - Singapore: Tax measures in budget 2023
15 Feb - Bahrain: Digital stamp mobile app for authentic tobacco products
14 Feb - Malaysia: Summary of income and indirect tax developments (February 2023)
9 Feb - Japan: Outline of 2023 tax reform proposals
6 Feb - Qatar: Amendment of certain provisions of Income Tax Law for 2018
2 Feb - India: Tax measures in budget 2023-2024, including GST-related measures
January 2023
30 Jan - Australia: Revised excise tax rates and tax credit rates for fuel from 1 February 2023
25 Jan - Cambodia: E-documents facility no longer available for monthly and annual tax on income declarations
20 Jan - Korea: Royalties subject to withholding under Korea-U.S. treaty (tax tribunal decision)
19 Jan - China: Preferential individual income tax policies extended
18 Jan - China: Draft VAT law
17 Jan - India: Liaison office did not constitute PE; amalgamation plan rejected (court decisions)
17 Jan - Malaysia: Summary of income and indirect tax developments (January 2023)
17 Jan - Philippines: Monthly VAT declaration no longer required
13 Jan - Cambodia: Taxable salary thresholds; extension of certain tax benefit for textile and garment sector
12 Jan - Cambodia: Implementation of advanced tax on dividend distribution
12 Jan - Malaysia: Draft service tax guide on goods delivery services
12 Jan - Saudi Arabia: VAT treatment of some financial services
11 Jan - Saudi Arabia: VAT treatment of real estate loan portfolio insurance
10 Jan - Malaysia: Legislation and online portal for sales tax on “low value goods”
10 Jan - Mongolia: Changes in tax legislation for 2023
10 Jan - Singapore: Cement silo is not a “plant” for capital allowance purposes (court decision)
9 Jan - Korea: Tax reform for 2023
5 Jan - Bahrain: Implications of potential introduction of corporate tax
5 Jan - Cambodia: Annual tax, corporate and accounting compliance obligations for 2022 and 2023
5 Jan - Oman: Budget for 2023
3 Jan - Azerbaijan: Recent direct and indirect tax-related changes in legislation
3 Jan - Saudi Arabia: Second wave of e-invoicing applicability
3 Jan - Saudi Arabia: Zakat rules for investments in investment funds
2022 Articles
December 2022
30 Dec - UAE: Corporate tax law effects on VAT compliance
28 Dec - Malaysia: Draft guide on sales tax on “low value goods”
23 Dec - Thailand: Proposed specific business tax on income from securities trading via stock markets
22 Dec - Thailand: Tax calendar for 2023
21 Dec - India: Indirect tax updates (December 2022)
21 Dec - Sri Lanka: Amendments to VAT provisions
21 Dec - Sri Lanka: Effective dates of income tax and VAT amendments
21 Dec - Sri Lanka: Income tax changes in (Amendment) Bill 2022
20 Dec - Hong Kong: Draft legislation on foreign-sourced income exemption regime passed
20 Dec - Hong Kong: Upfront lump-sum spectrum license fees must be capitalized (court decision)
20 Dec - New Zealand: Review of tax developments in 2022
20 Dec - Philippines: Temporary suspension of field audits and operations
20 Dec - UAE: Corporate tax provisions relating to oil and gas sector
19 Dec - India: GST Council recommends GST rate changes and other measures
15 Dec - Malaysia: Postponed implementation of sales tax on “low value goods”; sales tax exemption on pallets
15 Dec - Singapore: New e-Tax Guides on taxation of insurers arising from adoption of FRS 117
12 Dec - Bangladesh: Overview of tax measures, including VAT and other changes made in 2022
12 Dec - UAE: Implementation of new federal corporate income tax system, related transfer pricing rules
12 Dec - Hong Kong: Draft legislation implementing family office tax exemption regime
9 Dec - Hong Kong: Proposed stamp duty exemption for certain transactions relating to dual-counter stock
8 Dec - Qatar: Ratification of income tax treaty with Oman
7 Dec - Azerbaijan: Recent trade and customs related developments
6 Dec - Saudi Arabia: Amendments to rules for applying a zero VAT rate to some categories of supply
6 Dec - Vietnam: Guidance for e-commerce trading platform owners and overseas suppliers
5 Dec - Vietnam: Tax obligations for enterprises creating and using science and technology development fund
1 Dec - Hong Kong: Developments with respect to foreign-sourced income exemption regime
November 2022
30 Nov - India: Indirect tax updates (November 2022)
29 Nov - India: Capital gain not taxable under old India-Mauritius treaty (tribunal decision)
29 Nov - Japan: Overview of tax system (2022)
29 Nov - Philippines: Clarifications on taxation of equity-based compensation
28 Nov - Hong Kong: New income tax treaty with Mauritius
28 Nov - Singapore: New overseas vendor GST registration regime, impending GST rate increases
28 Nov - Thailand: VAT exemption granted to promote data center businesses
22 Nov - Qatar: Refund of excise tax paid to goods
22 Nov - Qatar: Tax exemptions and customs procedures related to FIFA World Cup 2022
21 Nov - China: Tax deferral policies for private pensions
18 Nov - Sri Lanka: Tax proposals in 2023 budget
18 Nov - UAE: Amended VAT executive regulations include new e-commerce requirements
16 Nov - Bahrain: Updated list of medicines subject to zero rate of VAT; industry focus groups on e-invoicing
16 Nov - UAE: Amended tax procedures provisions
15 Nov - Cambodia: Exchange rates for VAT-registered taxpayers
15 Nov - Korea: Free trade agreement with Israel, entry into force 1 December 2022
15 Nov - Malaysia: Summary of income and indirect tax developments (November 2022)
11 Nov - UAE: New proposed tax residency test for natural and legal persons
8 Nov - Kuwait: Overview of tax policies
8 Nov - Philippines: Guidance on electronic filing email notification
4 Nov - Vietnam: Guidance on various tax-related rules, including e-commerce information reporting
2 Nov - Bahrain: Updated list of goods subject to excise tax
2 Nov - New Zealand: New rules for GST invoicing effective 1 April 2023
October 2022
31 Oct - Singapore: Updates to e-tax guide on R&D tax measures and claim form
31 Oct - UAE: Amended VAT law provisions; new article related to statute of limitations
28 Oct - Hong Kong: Draft legislation on foreign-sourced income exemption regime
27 Oct - Malaysia: Guidelines on tax treatment of income received from abroad
26 Oct - Qatar: Guidance on submission of no-objection certificate
25 Oct - Australia: 2022-2023 federal budget released
25 Oct - Sri Lanka: Income tax changes proposed in (Amendment) Bill 2022
25 Oct - Sri Lanka: Registration for social security contribution levy
24 Oct - Saudi Arabia: Proposed application of zero VAT rate to “export” of services
21 Oct - Australia: Proposed tax on vacant residential property (Queensland)
21 Oct - India: Equalization levy could not be imposed on online advertising charges (tribunal decision)
19 Oct - Oman: Amendments to VAT executive regulations
18 Oct - Bahrain: Preparing for VAT field audits
18 Oct - Korea: Criteria for determining beneficial owner under Austria treaty (tax tribunal decision)
14 Oct - Australia: New income tax treaty with Iceland signed, incorporating BEPS recommendations
12 Oct - Bahrain: Economic substance returns due 11 November 2022
12 Oct - Bahrain: Updated VAT registration guideline; new decision for digital stamp scheme
11 Oct - Hong Kong: Proposed incorporation of MLI into domestic law
7 Oct - Malaysia: Tax proposals in budget for 2023, including domestic minimum top-up tax
7 Oct - Singapore: Changes to exemption on mandatory overseas pension/provident fund contributions
6 Oct - Philippines: Work-from-home arrangement extended for certain registered business enterprises
5 Oct - Australia: ATO guide on tax reporting of cryptoassets
5 Oct - Cambodia: New annual taxable income, monthly taxable salary thresholds for individuals
September 2022
28 Sep - Bahrain: Access to taxpayer "relationship manager" details
27 Sep - Hong Kong: Procedure for confirming economic substance under revised exemption regime
27 Sep - Philippines: Electronic filing, filing of returns, payment of taxes extended
20 Sep - India: Monthly summary of income and indirect tax developments (August 2022)
19 Sep - India: Guidance regarding withholding on benefits arising from recipient’s business or profession
13 Sep - UAE: Excise tax guidance
12 Sep - India: Guidance on filing GST transitional credit forms
9 Sep - Australia: “Excluded transactions” in beneficial ownership (New South Wales)
8 Sep - Malaysia: Summary of income and indirect tax developments (September 2022)
7 Sep - Bahrain: Reminder of final phase of digital stamp regime for tobacco products
6 Sep - Bahrain: Request for comments to assist with introduction of e-invoicing
2 Sep - Sri Lanka: Tax and customs duties proposals in 2022 interim budget
1 Sep - Sri Lanka: Proposed increase to VAT rate, effective 1 September 2022
1 Sep - Philippines: Guidance on lifting suspension of field audit and operations
August 2022
31 Aug - New Zealand: GST measures and dual-resident company tax changes in pending bill
31 Aug - Vietnam: Recent corporate income tax and VAT guidance
26 Aug - Hong Kong: Implementation of Pillar Two deferred to 2024 at the earliest
24 Aug - Bahrain: Guidance on VAT registration certificates, simplified tax invoices
23 Aug - Australia: Proposed reporting regime for the sharing or “gig” economy
23 Aug - Australia: Treasury to conduct “token mapping” work for cryptoasset regulatory framework
23 Aug - Philippines: New letter of authority must be issued if tax investigation reassigned
22 Aug - India: Guidance regarding filing of Form 67 for individual taxpayers to claim foreign tax credit
19 Aug - Australia: Board of Taxation releases consultation guide on digital asset tax treatment
19 Aug - Australia: “Notifiable event” related to connected entities stamp duty exemption (Western Australia)
16 Aug - Thailand: E-commerce business operations by foreign companies
16 Aug - UAE: New service for voluntary disclosure of errors on customs declarations
15 Aug - Malaysia: Monthly summary of income and indirect tax developments (August 2022)
12 Aug - Australia: Proposal for increased public reporting of tax and country-by-country information
12 Aug - Cambodia: Tax relief measures to support tourism sector
10 Aug - Korea: Tax reform proposals for 2022
10 Aug - Australia: Draft update to GST treatment of cross-border supplies, digital currency
10 Aug - Hong Kong: Income tax treaties to be modified by MLI
8 Aug - Hong Kong: Salaries tax treatment of share award; vesting vs. forfeiture (court decision)
8 Aug - KPMG report: Tax guide for countries in Middle East and South Asia region
4 Aug - Australia: Proposal to require reporting by digital platforms
4 Aug - Philippines: Suspension lifted, certain tax compliance actions of revenue officers
4 Aug - Vietnam: VAT measures relating to real estate transfers, power plants, and investment projects
3 Aug - Bahrain: VAT violations identified during field inspections
3 Aug - Hong Kong: Profits tax implications on sales of commercial buildings
1 Aug - Malaysia: Guidance on service tax exemption for digital payment services by local non-bank providers
1 Aug - Indonesia: Guidance regarding taxation of coal mining sector, including VAT
July 2022
25 Jul - Cambodia: Site visits by tax authority to enterprises in Phnom Penh
22 Jul - Malaysia: Indirect tax bills presented to Parliament
20 Jul - Malaysia: Exemption Orders for foreign-sourced income
20 Jul - Australia: ATO guidance on treaty shopping arrangements
13 Jul - Australia: Guidance regarding tax treatment of cryptoassets
12 Jul - Indonesia: Income tax and VAT treatment of crypto trading and fintech transactions
12 Jul - Indonesia: New implementing regulations of VAT law
12 Jul - Philippines: Tax treatment of sales of listed stocks
11 Jul - India: Guidance on definition of virtual digital asset subject to new tax regime
11 Jul - India: Measures incorporating GST Council recommendations
11 Jul - Pakistan: Tax measures enacted in Finance Bill 2022
11 Jul - Philippines: Guidance regarding receipts and invoices
11 Jul - Philippines: Guidance regarding service of electronic letter of authority
11 Jul - UAE: One-year time limit for claiming VAT refunds by tourists
1 Jul - Australia: Extension of transition period for residency management and control test
1 Jul - Cambodia: Supplemental guidance regarding VAT on tangible fixed assets
1 Jul - India: GST Council recommends rate rationalization and clarification measures
1 Jul - Malaysia: Implementation of service tax on goods delivery services postponed
June 2022
30 Jun - Australia: Treatment of U.S. GILTI under hybrid mismatch rules
29 Jun - Australia: Proposed amendments to thin capitalisation rules
29 Jun - Malaysia: Extension of payment period under voluntary disclosure program for indirect taxes
28 Jun - Philippines: Tax audits, compromise penalties (court decisions)
24 Jun - Australia: Cryptocurrencies not regarded as foreign currency for tax purposes
24 Jun - Hong Kong: Proposed changes to offshore regime for passive income
24 Jun - India: Guidance on tax withholding, transfers of virtual digital assets
24 Jun - India: Tax treatment of interest income under treaty with Japan
24 Jun - Thailand: Six-month extension of certain customs-related relief measures (COVID-19)
23 Jun - UAE: VAT imposed on gold items, jewelry
22 Jun - Australia: Tax measures in 2022-2023 budget (New South Wales)
22 Jun - Australia: Tax measures in 2022-2023 budget (Queensland)
22 Jun - India: Uniform procedures for GST refund claims; tax withholding on benefits
21 Jun - Bangladesh: Tax proposals in Finance Bill 2022
21 Jun - Malaysia: Sales tax exemption on purchase of passenger cars ends 30 June 2022
17 Jun - India: Updated guidance for mutual agreement procedure (MAP)
16 Jun - Malaysia: Summary of income and stamp tax developments for second quarter 2022 (COVID-19)
15 Jun - Malaysia: Delinquent taxpayers identified, enforcement proceedings planned
14 Jun - Cambodia: Capital gains tax delayed to 1 January 2024
14 Jun - Cambodia: Exchange rates for VAT-registered taxpayers
14 Jun - India: Offshore commission income earned by foreign company not taxable in India (tribunal decision)
10 Jun - Singapore: GST zero-rating for exported goods “hand-carried” by motor vehicle (court decision)
10 Jun - Singapore: Transitional issues arising from GST rate increase
9 Jun - Australia: Planned consultation in July on taxing U.S. and UK resident financial institutions
9 Jun - Australia: Superannuation industry overview 2022
8 Jun - Bahrain: Exports must meet GCC country of origin rules for entry into Saudi Arabia
8 Jun - China: Preferential corporate income tax policies for Hengqin Guangdong-Macao Deep Cooperation Zone
7 Jun - Hong Kong: Proposed tax concessions for maritime services
7 Jun - Philippines: Tax audit and field operations of task forces suspended
6 Jun - Vietnam: Deferral of tax payments, including VAT (COVID-19)
6 Jun - Australia: Land tax measures in 2022-2023 budget (South Australia)
2 Jun - Australia: Luxury car tax threshold rises for FY 2022-23
2 Jun - Saudi Arabia: Penalty waiver relaunched for all taxes, including VAT and excise tax (COVID-19)
1 Jun - Malaysia: Updated sales tax, excise duties and customs orders
1 Jun - UAE: New labor law measures for employers, employees
1 Jun - Cambodia: Online self-declared labour inspections (COVID-19)
May 2022
31 May - Cambodia: Permissible days off for 5 June election
31 May - Australia: Tax measures in 2022-2023 budget (Tasmania)
31 May - India: Service tax payable on secondment of employee from foreign affiliate
27 May - Malaysia: Harmonized System (HS 2022) implementation
27 May - Thailand: Excise tax and customs incentives for electric vehicles
27 May - Australia: Guidance under stamp duty act (New South Wales)
26 May - Australia: Valuing imported goods, disclosure of post-import adjustments
25 May - Hong Kong: Update on corporate tax issues, including transfer pricing documentation
25 May - Thailand: Voluntary disclosure program regarding import and export transactions, extended into 2026
24 May - Australia: Stamp duty act enacted (New South Wales)
23 May - Thailand: Tax incentives to support implementation of digital technology
23 May - UAE: Voluntary disclosure penalties under revised tax-related penalty regime
19 May - Hong Kong: Proposed tax deduction for rent paid for domestic premises
19 May - New Zealand: Budget 2022
18 May - Bahrain: Extended implementation dates for digital stamp regime for tobacco
18 May - India: Guidance on administration of new provisions introduced by Finance Act, 2021
17 May - Australia: Guidance regarding reduced company tax rate
17 May - Cambodia: Guidance on VAT reverse-charge mechanism for e-commerce transactions
17 May - Vietnam: Update on investment reporting by foreign-invested enterprises
16 May - Vietnam: Measures to strengthen tax administration for e-commerce activities
16 May - India: Guidance regarding notices issued under old reassessment regime (Supreme Court decision)
13 May - Philippines: Guidance regarding downtime of electronic filing and payment system for maintenance
13 May - Australia: Tax measures in 2022-2023 budget (Western Australia)
12 May - Australia: Overview of tax measures in 2022-2023 budget (Northern Territory)
11 May - Singapore: Changes to family office tax incentive regimes
11 May - Vietnam: Recommended focus on tax audit and inspection of high-risk industries and areas
11 May - India: Determining value of land as part of construction contract for GST purposes (court decision)
10 May - India: No permanent establishment under India-Singapore tax treaty (tribunal decision)
9 May - Malaysia: Updated tax audit frameworks
5 May - Taiwan: Extension of individual income tax return filing and payment deadlines (COVID-19)
4 May - India: Guidance on filing updated tax returns
4 May - Australia: Overview of tax measures in 2022-2023 budget (Victoria)
2 May - UAE: Consultation on new federal corporate income tax system
April 2022
29 Apr - Cambodia: Tax incentives for taxpayers that voluntarily amend tax returns, with regard to IPOs
29 Apr - Hong Kong: Profits found to be offshore-sourced, not subject to profits tax (court decision)
28 Apr - Malaysia: Tax implications of statutory changes for unit trust funds (Finance Act 2021)
27 Apr - Bahrain: Updated list of goods subject to excise tax
25 Apr - Indonesia: Guidance concerning taxation of income from construction services
22 Apr - Cambodia: Updated business registration requirements
22 Apr - Philippines: Updated VAT guidance regarding export enterprises
21 Apr - Bahrain: Taxpayers required to complete survey regarding invoicing
20 Apr - Malaysia: Updated customs duties order covering new emerging products
20 Apr - Philippines: Deadline for submission of attachments to 2021 income tax returns
20 Apr - India: Reassessment notice emailed on last day of limitation period held valid (court decision)
15 Apr - Malaysia: Tax corporate governance framework and guidelines
14 Apr - India: Assessment order issued in name of amalgamating company; provident fund contributions
13 Apr - Bahrain: Economic substance returns extended for certain entities, digital stamp regime for tobacco
13 Apr - Kuwait: Excise tax on tobacco, beverages, luxury goods being considered
13 Apr - Philippines: Guidance concerning filing of income tax returns for 2021 tax year
12 Apr - Philippines: Guidance concerning VAT certifications, other measures
12 Apr - Malaysia: Guidance on sales tax exemption on importation of pallets
12 Apr - Thailand: Additional control measures for “customs free zones”
11 Apr - India: Subscription fees not taxable under tax treaty with Singapore; e-dispute resolution scheme
7 Apr - India: Payments for online advertisements not taxable in India (tribunal decision)
7 Apr - Malaysia: Foreign-source income excluded from prosperity tax
4 Apr - Cambodia: Licensing requirements for companies, factories distributing or using certain chemicals
4 Apr - Malaysia: Excise tax on pre-mixed beverages (including certain coffees and teas) postponed
4 Apr - Malaysia: New e-telegraphic transfer system for tax payments
March 2022
31 Mar - India: GST amnesty program for Maharashtra State
31 Mar - Australia: Energy-related tax measures pass parliament
29 Mar - Australia: 2022 federal budget announced
29 Mar - India: Procedures for examining GST returns for FY 2017-18 and FY 2018-19
25 Mar - Japan: 2022 tax reform legislation passed
23 Mar - Philippines: Guidance regarding responsibilities of banks in accepting tax returns and payments
23 Mar - Vietnam: Guidance on conditions for customs inspection of export processing enterprises
22 Mar - Indonesia: Guidance on coordination of CFC rules with taxation of dividends
22 Mar - Australia: Tax treatment of digital assets and transactions; policy framework review
21 Mar - Australia: Consultation on proposed digital games tax offset
18 Mar - Australia: Fuel tax credit available for business use
18 Mar - Philippines: Guidance concerning tax withholding by agents, other measures
17 Mar - Philippines: VAT guidance regarding export enterprises
16 Mar - New Zealand: Proposed company tax “integrity measures”
15 Mar - Bahrain: Economic substance information returns due 31 March 2022
15 Mar - Thailand: Tax relief to support trading in digital assets and investment in start-ups
14 Mar - Hong Kong: Proposed family office tax exemption regime
14 Mar - Malaysia: Ratification of RCEP free trade agreement
11 Mar - Malaysia: Special foreign-sourced income program ends
10 Mar - Philippines: Tax guidance on certain income tax incentives (COVID-19)
8 Mar - Australia: Navigating stamp tax (duty) rules in 2022
7 Mar - New Zealand: Interest limitations, GST measures and foreign exchange rules in pending bill
7 Mar - Pakistan: Tax incentives to encourage industrial investment
February 2022
28 Feb - Thailand: Multilateral instrument (MLI) is signed
24 Feb - Hong Kong: Tax measures in budget 2022-2023
24 Feb - Philippines: Tax guidance from Bureau of Internal Revenue
23 Feb - UAE: Updated voluntary disclosure user guide for VAT and excise tax
22 Feb - Qatar: Corporate income tax returns due 30 April 2022
22 Feb - Vietnam: Draft decree to facilitate tax declaration and payment
21 Feb - Singapore: Tax measures in budget 2022
21 Feb - Kazakhstan: Proposed tax amendments released for consultation
21 Feb - Vietnam: Guidance on real estate reporting
17 Feb - Australia: ATO guidance on GST reverse-charge provisions for financial services, insurance
17 Feb - India: Blocking of electronic credit ledger does not equal seizure of property (court decision)
16 Feb - India: No separate notification required, “most favoured nation” treaty clause (tribunal decision)
16 Feb - Australia: Proposal for “patent box” regime
16 Feb - Cambodia: Tax relief extended for certain sectors, including tourism industry (COVID-19)
16 Feb - Vietnam: Almost all tax treaties implicated with the signing of MLI
15 Feb - New Zealand: Public consultation on digitizing the tax system
11 Feb - Cambodia: Notification letter on use of English language in accounting software, update
11 Feb - India: Interest paid on income tax refund held taxable under tax treaty with United States
10 Feb - India: Tax withheld reduced by “equalization levy” (digital services tax) paid (court decision)
8 Feb - India: Guidance regarding invocation of “most favoured nation” treaty clause
7 Feb - Indonesia: Program for income tax treatment, disclosure of offshore assets
7 Feb - Japan: Extended filing, payment deadline for individual taxpayers; updated FAQs (COVID-19)
7 Feb - UAE: Corporate income tax, what to expect
4 Feb - New Zealand: Income insurance scheme proposed
3 Feb - Bahrain: Tax authority issues VAT return guidance
3 Feb - Cambodia: Guidance on VAT adjustments; reminder of annual income tax reporting for 2021
3 Feb - Qatar: New passenger air ticket tax
1 Feb - India: Tax measures in budget 2022-2023
1 Feb - UAE: New corporate income tax system, scheduled to be effective 1 June 2023
January 2022
28 Jan - Vietnam: VAT rate reduction; corporate income tax deduction of certain COVID-19-related expenses
26 Jan - Bahrain: VAT rate increase to 10%; treatment of imports during one-year transitional period
25 Jan - Qatar: VAT regime now expected in 2022
25 Jan - Vietnam: New rules for foreign businesses involved in certain electronic gaming activities
19 Jan - Kazakhstan: Tax law amendments generally effective 1 January 2022
18 Jan - Hong Kong: New relief measures to support businesses and individuals (COVID-19)
18 Jan - Japan: Change in treatment of derivative transactions income
18 Jan - Taiwan: Draft amendment of tax registration rules for e-commerce
18 Jan - Vietnam: Recent corporate income tax and VAT guidance
11 Jan - Azerbaijan: Tax measures effective in 2022
11 Jan - UAE: Procedures for installment payments of penalties, administrative waiver of penalties
10 Jan - Cambodia: Use of language, currency in accounting records and financial statements
10 Jan - India: Marketing services not fees for technical services; other developments
7 Jan - Bahrain: Transition rules for VAT rate change
7 Jan - Malaysia: Exemption for foreign-source income is extended (COVID-19)
7 Jan - Taiwan: Income tax withholding on cross-border payments for e-services
6 Jan - China: Individual income tax guidance
6 Jan - Japan: Recordkeeping for electronic transactions; guidance for designated tax representative system
6 Jan - Oman: VAT guide for oil and gas sector
5 Jan - Oman: Budget for 2022
5 Jan - Jordan: Income tax treaty with Cyprus
5 Jan - Pakistan: Sales tax, other measures in pending legislation (mini budget)
5 Jan - Malaysia: Service tax guidance concerning food and beverages, motor vehicles, brokerage services
4 Jan - Malaysia: Finance Act 2021, effective date 1 January 2022
4 Jan - Thailand: Tax calendar for 2022
2021 Articles
December 2021
30 Dec - Cambodia: Tax calendar for 2022
30 Dec - Vietnam: Tax calendar for 2022
30 Dec - Philippines: Tax calendar for 2022
30 Dec - Malaysia: Voluntary disclosure program for indirect taxes opens in 2022
29 Dec - Cambodia: VAT and e-commerce transactions
27 Dec - Vietnam: Tax treatment of certain pandemic-related expenses (COVID-19)
27 Dec - Bahrain: VAT rate increase to 10% is finalized
27 Dec - Oman: Transactions involving excise tax warehouses, when excise tax is suspended
23 Dec - India: Payments for database access not taxable under U.S. tax treaty
23 Dec - India: Tax highlights of 2021
22 Dec - Malaysia: Taxpayer bank account information in garnishments
22 Dec - New Zealand: Review of tax developments in 2021
22 Dec - Thailand: Electronic signature requirements
21 Dec - Japan: Guidance addresses appointment of taxpayer representatives
20 Dec - Cambodia: Investment incentives include exemptions from customs duty, special tax and VAT
20 Dec - India: Income from providing access to software not taxable as royalty
17 Dec - Australia: Tax and the government's mid-year economic and fiscal outlook
17 Dec - Cambodia: Tax treatment of credit-guarantee fees, activities
17 Dec - Malaysia: FAQs on special program for foreign income remittance
16 Dec - Japan: Outline for 2022 tax reform proposals
16 Dec - Vietnam: Annual report of representative offices due 30 January 2022
16 Dec - Australia: Imported hybrid mismatch rule, final ATO guideline
15 Dec - Australia: Corporate tax transparency data for 2019-2020
15 Dec - Bahrain: VAT rate to increase to 10% in 2022
14 Dec - Cambodia: Minimum wage for 2022
10 Dec - Indonesia: Carbon tax, corporate tax measures enacted in new law
7 Dec - UAE: Input VAT recovery and mobile phone packages provided employees for business use
6 Dec - Australia: Tariff concession order applications, and addressing objections of local manufacturers
6 Dec - India: Treatment of tax withheld-at-source from e-commerce operations
6 Dec - New Zealand: Tax obligations of non-resident employers
6 Dec - Qatar: Preferential tax treatment requires compliance with economic substance regulations
1 Dec - Hong Kong: Update on proposal for e-filing of profits tax returns
1 Dec - Indonesia: Tax exemption available for dividend income
1 Dec - Vietnam: Guidance regarding medical devices and foreign exchange rules
November 2021
30 Nov - Japan: Overview of tax system
30 Nov - Papua New Guinea: Tax measures in budget 2022
26 Nov - Australia: ATO not to extend approach to permanent establishments (COVID-19)
24 Nov - India: Agreement with United States regarding “equalization levy” (digital services tax)
24 Nov - Malaysia: Revised Labuan business activity tax requirements
24 Nov - Saudi Arabia: Measures regarding e-invoicing under VAT implementation rules
23 Nov - UAE: Procedure for requesting penalty reconsideration
22 Nov - India: Effects of GST returns and portal; incentives for automobile production
22 Nov - Kazakhstan: Extension of “pilot project” regarding consignment notes for goods
18 Nov - Bahrain: Status of planned increase to VAT rate
18 Nov - Malaysia: Tax on foreign-source income remittance
16 Nov - Singapore: GST zero-rating for sales of exported goods
15 Nov - Sri Lanka: Tax proposals in 2022 budget
12 Nov - China: Additional tax reporting requirements for ESOPs
12 Nov - India: Tax treatment of subscription fees for online databases and journals, tax treaty implications
11 Nov - Asia Pacific: Regional perspective on implementation of BEPS 2.0 as it relates to tax incentives
10 Nov - Bahrain: GCC e-platform intended to facilitate trade
10 Nov - Malaysia: Tax measures in Finance Bill 2021
10 Nov - UAE: Clarification to tax procedure rules regarding taxpayer objections and appeals
2 Nov - Vietnam: Draft decree regarding incentives to support industries
2 Nov - Vietnam: Proposed changes to rules governing intellectual property
2 Nov - Vietnam: Proposed changes to rules governing real estate transactions
1 Nov - Malaysia: Tax proposals in budget for 2022
1 Nov - UAE: Tax procedural rules amended
1 Nov - Vietnam: Guidance regarding cross-border e-commerce activities; website registration rules
October 2021
28 Oct - Cambodia: Updated guidance on taxation of salary and fringe benefits
28 Oct - Saudi Arabia: Guidance regarding VAT and e-commerce transactions
27 Oct - UAE: Revised VAT rules regarding “designated zones” and goods sold via electronic platforms
26 Oct - Australia: Fuel tax credit; substantiation using GPS technology
26 Oct - Saudi Arabia: VAT and government contracts; amendments are generally effective 1 November 2021
25 Oct - Oman: VAT guide for real estate sector
22 Oct - Vietnam: Tax support measures for businesses and individuals (COVID-19)
21 Oct - India: Refund claims of GST by “special economic zone” unit
20 Oct - Australia: ATO guidance on preparing for GST assurance reviews
19 Oct - Australia: Status of legislation to implement a reporting regime for the "sharing economy"
19 Oct - Philippines: Tax treatment of payments to "social influencers"
18 Oct - Oman: VAT guide for “special zones”
15 Oct - Thailand: Digital tax coupons for use and application against customs duties and taxes
15 Oct - Vietnam: Exemptions, reduced rates of corporate income tax under special investment incentives
15 Oct - Vietnam: Taxation of e-commerce and digital-based transactions
14 Oct - India: Unused foreign tax credit; “fees for technical services” under Singapore tax treaty
13 Oct - Australia: Proposed expansion of tax treaty network
11 Oct - Singapore: GST administrative concession removed, recovery of overseas brokerage fees and costs
11 Oct - UAE: User guide for appeals under economic substance regulations
8 Oct - Thailand: Deduction of amounts paid for antigen test kits for employee testing (COVID-19)
7 Oct - Saudi Arabia: Draft VAT legislation proposes changes for e-invoicing
6 Oct - Bahrain: Proposal to increase VAT rate to 10%
6 Oct - Malaysia: Carbon tax part of plan to achieve net-zero carbon emission
6 Oct - Malaysia: Tourism tax on premises booked via digital platform service providers postponed to 2023
1 Oct - Oman: Taxpayers cautioned about business transactions with unregistered companies, establishments
1 Oct - Thailand: Control of “dual-use” items, weapons of mass destruction
September 2021
30 Sep - Hong Kong: Added to EU “grey list” for tax purposes
30 Sep - Vietnam: Proposals for tax relief measures in 2021 (COVID-19)
29 Sep - New Zealand: Update on “housing tax,” draft legislation released
28 Sep - Vietnam: Relief, support for employers and employees (COVID-19)
24 Sep - Cambodia: Environmental and social impact assessment for construction projects
24 Sep - Cambodia: VAT and e-commerce
24 Sep - Malaysia: Updated guidance on taxation of professional services, directors’ fees
23 Sep - Bahrain: FAQs on conciliation used to resolve VAT evasion cases
23 Sep - Pakistan: Legislation requires business payments to be made by “digital means”
22 Sep - Saudi Arabia: Merger of tax and customs authorities is completed
21 Sep - Qatar: Ultimate beneficial ownership requirements
20 Sep - Australia: Listed entities required to disclose JobKeeper payments (COVID-19)
20 Sep - Hong Kong: Taxation of share grants when subject to forfeiture provisions (court decision)
20 Sep - Singapore: Determining when certain machinery is excluded from property tax (court decision)
15 Sep - Cambodia: Naming convention of legal forms for enterprises
15 Sep - Cambodia: Online system for approval of imports by qualified investment projects, work permits
15 Sep - China: Local tax supplementing VAT and consumption tax
15 Sep - India: Rules for listed companies, independent director requirements
15 Sep - Vietnam: Corporate income tax incentives, taxpayers involved in certain activities
15 Sep - Vietnam: Guidance for businesses recovering and reopening operations (COVID-19)
14 Sep - Indonesia: Ratification of tax treaties with UAE and with Singapore
10 Sep - Australia: Tax measures in 2021-2022 budget (Western Australia)
9 Sep - New Zealand: Draft legislation proposes changes to GST and income tax
8 Sep - Bahrain: Possible introduction of corporate income tax
8 Sep - Thailand: Reduced withholding tax for payments made via e-withholding system extended through 2022
2 Sep - India: Indirect transfer-related provisions; due dates of electronic filing of forms extended
2 Sep - Malaysia: Study of special voluntary disclosure program for indirect tax
2 Sep - Qatar: Tax filing deadline for tax-exempt entities extended to 31 December 2021
1 Sep - Taiwan: Guidance on application of income tax treaties amended
1 Sep - Kazakhstan: “Pilot project” on electronic VAT invoicing exemption
August 2021
30 Aug - Kazakhstan: Amendments to tax law support business and entrepreneurial activities
30 Aug - Thailand: Reduction of VAT; extended tax deadlines and waiver or reduction of penalties (COVID-19)
26 Aug - Malaysia: Clarification of service tax exemption for hotels, accommodation operators (COVID-19)
25 Aug - Australia: Proposed reporting requirements for the "sharing economy"
23 Aug - Malaysia: One-month extension for filing tax returns for 2021
23 Aug - Thailand: VAT registration for providers of e-services and electronic platform operators
19 Aug - Malaysia: Tourism tax and digital platform service providers and accommodation premise operators
17 Aug - Australia: Corporate tax transparency data to be published
17 Aug - Singapore: Updated GST guidance, treatment of termination expenses (COVID-19)
13 Aug - Singapore: Tax treatment of Singapore citizens and permanent residents working remotely (COVID-19)
13 Aug - Malaysia: Service tax and exemption for certain banking digital services
11 Aug - Australia: Legislation enacted, tax treatment of economic response payments (COVID-19)
11 Aug - Bahrain: Economic substance information returns due 31 August 2021
10 Aug - Qatar: Tax reporting by tax-exempt entities
6 Aug - Malaysia: Sales tax exemption
4 Aug - India: Long-term capital loss on sale of shares by foreign company allowed, not sham transaction
3 Aug - Australia: Common loss carryback errors identified
3 Aug - Cambodia: Certain business registrations require an accredited representative
2 Aug - Japan: Protocol to amend income tax treaty with Switzerland
July 2021
29 Jul - China: Income tax incentives for highly skilled employees, Greater Bay Area
28 Jul - Bahrain: VAT implications of commercial register “rental” arrangements
27 Jul - Kazakhstan: Tax measures in new environmental law
26 Jul - Japan: Certain overseas-held assets excluded from scope of inheritance tax, gift tax
23 Jul - Pakistan: Tax measures enacted in Finance Act, 2021
22 Jul - Pakistan: Expanded sales tax on services (Balochistan)
22 Jul - Malaysia: Extension of time, sales and services tax reporting (COVID-19)
21 Jul - China: Facilitating development of bonded refurbishment of medical equipment
20 Jul - Australia: Eligibility requirements for business grants (New South Wales) (COVID-19)
19 Jul - Bangladesh: Income tax, VAT measures in Finance Act 2021
14 Jul - India: Partnership assets transferred to partners; treaty rate on dividend distributions
13 Jul - Thailand: Guide regarding VAT and electronic services provided by non-residents
13 Jul - Vietnam: Relief measures for employers (COVID-19)
13 Jul - Vietnam: Update on tax treatment of e-commerce and digital transactions
12 Jul - Cambodia: Extensions of tax relief measures for certain industries, sectors (COVID-19)
8 Jul - Cambodia: Reminder to register for e-commerce license, permit
7 Jul - Japan: Updated FAQs providing tax-related guidance (COVID-19)
7 Jul - Malaysia: Updated FAQs on tax during recovery period (COVID-19)
6 Jul - Malaysia: No sales tax on certain duty-free purchases at international airports
6 Jul - Australia: Review of GST and low-value imported goods
6 Jul - Japan: Updated guidance (Q&As) under group relief system
June 2021
29 Jun - India: Tax deadlines further extended (COVID-19)
25 Jun - Australia: ATO revises guidance on tax treatment of software royalties
25 Jun - Thailand: Tax incentives to encourage personnel development, foreign investments
24 Jun - Singapore: Updated guidance, FAQs on income tax treatment of foreign exchange gains, losses
23 Jun - Australia: Land tax measures included in 2021 budget (South Australia)
23 Jun - Australia: Tax measures in 2021-2022 budget (New South Wales)
17 Jun - Malaysia: Sales tax exemption for certain petroleum sector goods
16 Jun - Australia: Employment incentive measures in 2021-2022 budget (Queensland)
16 Jun - Bahrain: Three-month extension for financial support initiatives (COVID-19)
15 Jun - Vietnam: Tax incentives for investments in industries
14 Jun - Pakistan: Tax measures in Finance Bill 2021
11 Jun - Thailand: Three-month reduction of social security rates (COVID-19)
10 Jun - New Zealand: Discussion document, consultation regarding “housing tax”
8 Jun - Thailand: Monthly tax return filing, payment deadlines extended (COVID-19)
7 Jun - Japan: Requirements for electronic recordkeeping of tax-related books and records
7 Jun - Japan: Updated FAQs on tax treatment of working from home (COVID-19)
7 Jun - Saudi Arabia: Guidelines and standards for e-invoices
3 Jun - China: Guidance on corporate tax incentives for entities operating in Hainan free trade port
3 Jun - India: GST Council recommends reducing compliance burden
3 Jun - Qatar: Reminder of deadlines for tax returns for 2020
3 Jun - Malaysia: Penalty relief for late payment of GST; service tax exemption for joint development area
2 Jun - UAE: Amended companies law allowing 100% foreign ownership
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