International Tax Asia Pacific April 2026
This e-newsletter gives you an overview of international tax developments being reported globally by KPMG member firms in the Asia Pacific Regions between 1 April and 30 April 2026.
For a full summary of global tax developments, visit kpmg.com/TaxNewsFlash.
To contact the International Tax Team email internationaltax@kpmg.com.
To register for the International Tax webcasts, click here.
Australia
Australia | |||
Proposed legislation | Various tax topics | 30 April 2026 | Consultation on draft legislation introducing news media bargaining incentive charge (NMI). Read more |
Tax legislation approved and regulatory update | Tax compliance | 29 April 2026 | Transition to Common Reporting Standard – Extensible Markup Language Schema, Version 3.0 (CRS XML schema 3.0). Read more |
Proposed legislation | Income tax | 28 April 2026 | KPMG comments on draft legislation to strengthen capital gains tax (CGT) rules for foreign residents. Read more |
Other | Income tax | 28 April 2026 | Government response to committee recommendations to enhance instant asset write-off legislation. Read more |
Tax legislation approved and regulatory update | Transfer Pricing | 22 April 2026 | Updated guidance on transfer pricing for inbound distribution arrangements. Read more |
Tax legislation approved and regulatory update | Indirect tax | 09 April 2026 | Amendments to digital assets, draught beer duties receive Royal Assent. Read more |
Tax legislation approved and regulatory update | Indirect tax | 02 April 2026 | Excise duty relief for fuels and draught beer. Read more |
Administrative and case law | Income tax | 02 April 2026 | Taxation of property development arrangement (PDA) (Full Federal Court decision). Read more |
Bahrain
Bahrain | |||
Tax legislation approved and regulatory update | Indirect tax | 06 April 2026 | Updated Value Added Tax (VAT) healthcare guide. Read more |
Cambodia
Cambodia | |||
Tax legislation approved and regulatory update | Indirect tax | 30 April 2026 | Value Added Tax (VAT) relief for petroleum products. Read more |
India
India | |||
Administrative and case law | Income tax | 30 April 2026 | Capital gains from trading of stock derivatives not taxable under Mauritius treaty (tribunal decision), other direct and indirect tax developments. Read more |
Administrative and case law | Income tax | 29 April 2026 | Lower dividend tax rate under United Kingdom treaty not appliable to dividend distribution tax (High Court decision). Read more |
Administrative and case law | Income tax | 29 April 2026 | Tribunal Clarifies Treaty Residency and Taxability in Dual-Residency Case. Read more |
Tax legislation approved and regulatory update | Tax compliance | 17 April 2026 | Implementation of common reporting standard (CRS 2.0). Read more |
Administrative and case law | Income tax | 16 April 2026 | Buy-back of shares is not taxable "receipt of property" under section (High Court decision). Read more |
Treaties | Income tax | 07 April 2026 | Tax treaty with Brazil amended to incorporate provisions similar to multilateral instrument. Read more |
Tax legislation approved and regulatory update | Income tax | 03 April 2026 | Amendment clarifying general anti avoidance rule (GAAR) grandfathering rules. Read more |
Tax legislation approved and regulatory update | Tax compliance | 02 April 2026 | New international tax reporting requirements. Read more |
Japan
Japan | |||
Tax legislation approved and regulatory update | Tax compliance | 20 April 2026 | Updated Common Reporting Standard (CRS) Frequently Asked Questions (FAQs). Read more |
Tax legislation approved and regulatory update | Tax compliance | 06 April 2026 | Updated cryptoassets reporting framework (CARF) frequently asked questions (FAQs). Read more |
Kuwait
Kuwait | |||
Tax legislation approved and regulatory update | BEPS Pillar 2 | 15 April 2026 | Guidance on application of 5 percent tax retention rules to taxpayers within scope of the domestic minimum top-up tax (DMTT). Read more |
Tax legislation approved and regulatory update | BEPS Pillar 2 | 02 April 2026 | Pillar Two rules include transfer pricing principles aligned with OECD Transfer Pricing Guidelines. Read more |
Pakistan
Pakistan | |||
Tax legislation approved and regulatory update | Income tax | 06 April 2026 | Guidance on withholding tax for builders and developers operating under special tax regime, other tax developments. Read more |
Phillipines
Philippines | |||
Tax legislation approved and regulatory update | Income tax | 23 April 2026 | Guidance on taxation of cross-border services. Read more |
Qatar
Qatar | |||
Tax legislation approved and regulatory update | Income tax | 21 April 2026 | Direct application of treaty withholding tax provisions. Read more |
Tax legislation approved and regulatory update | Income tax | 21 April 2026 | Capital gains tax advantage for group restructuring transactions. Read more |
Tax legislation approved and regulatory update | Income tax | 15 April 2026 | New excise taxes on sweetened beverages, new excise tax warehouse licensing service. Read more |
Saudi Arabia
Saudi Arabia | |||
Other | Various tax topics | 27 April 2026 | Government Increased Qiwa Employment Contract Compliance Requirements. Read more |
Singapore
Singapore | |||
Other | Various tax topics | 13 April 2026 | Launch of AI and Tech Track under the Overseas Networks & Expertise (ONE) Pass. Read more |
Sri Lanka
Sri Lanka | |||
Tax legislation approved and regulatory update | Indirect tax | 16 April 2026 | Importation and supply of fabric subject to 18% Value Added Tax (VAT) rate. Read more |
Tax legislation approved and regulatory update | Indirect tax | 03 April 2026 | Implementation of Value Added Tax (VAT) on digital services by nonresidents postponed again. Read more |
Taiwan
Taiwan | |||
Tax legislation approved and regulatory update | Income tax | 30 April 2026 | Guidance on qualification of salary expenditures for investment tax credit. Read more |
Turkiye
Turkiye | |||
Tax legislation approved and regulatory update | BEPS Pillar 2 | 21 April 2026 | Implementation guidance and draft compliance forms released for Türkiye’s Global Minimum Top-up Tax. Read more |
Tax legislation approved and regulatory update | Income tax | 21 April 2026 | Detailed guidance on Domestic Minimum Corporate Income Tax (DMCIT) released. Read more |
Proposed legislation | Various tax topics | 21 April 2026 | Proposed direct and indirect tax amendments, including formal cryptoasset taxation framework. Read more |
United Arab Emirates
United Arab Emirates | |||
Other | Various tax topics | 29 April 2026 | Projects of the 50 Reform by Nafis Programme Enacted. Read more |
Tax legislation approved and regulatory update | Tax compliance | 29 April 2026 | Voluntary e-invoicing model enables direct exchanges between sellers and customers. Read more |
Tax legislation approved and regulatory update | Indirect tax | 23 April 2026 | Customs-related economic initiatives package approved (Dubai). Read more |
Tax legislation approved and regulatory update | Income tax | 01 April 2026 | Introduction of Research and development (R&D) tax incentives. Read more |
Vietnam
Vietnam | |||
Tax legislation approved and regulatory update | Indirect tax | 28 April 2026 | Guidance on customs procedures and tax declarations. Read more |
