Asia Pacific

Bangladesh: Bangladesh NBR Issues Jurisdictional Order on Source Tax Deduction Collection

On 6 August 2026, the National Board of Revenue (NBR) of Bangladesh published a revised jurisdictional order governing tax deduction and collection at source (TDS/TCS). This directive supersedes the previous instruction issued under the same memo number and date, reflecting an administrative update to clarify the territorial authority of tax officials responsible for enforcing withholding

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Singapore: IRAS Updates Payment Modes for Individual Tax Search and Document Fees

Effective 6 August 2026, IRAS has amended the payment options available for search and document fees related to individual income tax assessments. The update aims to streamline the payment experience for taxpayers and tax agents accessing assessment notices, tax computation statements, and other official documents via myTax Portal. The revision aligns with the Singapore Government’s

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Taiwan: Key Considerations for Profit and Loss Offset Claims by Enterprises

The Ministry of Finance published guidance on profit and loss offset claims, outlining eligibility, documentation, and timing for corporate tax filings effective 1 July 2026. The notice clarifies that offsetting previous years’ losses against current-year profits is permitted only with audited financial statements and requires submission of a detailed loss carry‑forward schedule. Companies must amend

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Taiwan: Tax Bureau Issues Tax Rules for Digital Lending, Effective 2026/08/06

As of 2026/08/06, the Taiwan Tax Bureau issued detailed withholding tax regulations governing interest payments made by digital lending platforms to borrowers. The guidance specifies a standard withholding rate of 10% on such interest income, and outlines reporting obligations for platform operators, including quarterly filing of Form XHT and mandatory electronic submission via the Bureau’s

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Taiwan: Reporting Unrecovered Shareholder Loans in Estate Declarations

The Ministry of Finance directed that unrecovered shareholder loans to a corporation be disclosed in the estate inventory of a deceased shareholder, effective 1 July 2026. Executors must report the outstanding balance, accrued interest, and repayment schedule, attaching loan documentation to the inheritance filing. The unreported amount is treated as taxable estate property, with potential

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Uzbekistan: Tax Office News and Recent Developments – Conference Overview

As of 2026/08/06, the official portal of the Republic of Uzbekistan Tax Committee updated its Matbuot anjumanlari (Tax Office) news section with the latest announcements affecting the tax administration and practitioners. The updates cover a range of topics including new digital proof submission procedures, revised verification timelines for tax audits, amendments to the Value-Added Tax

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Taiwan: Kaohsiung Tax Office Awards Premium E‑Invoice Prizes of NT$1M, NT$200K

The Ministry of Finance announced the results of the latest e‑invoice lottery, awarding one special prize of NT$1 million, four premium prizes of NT$200,000 each, and three exclusive prizes of NT$100,000 each. The draw, held on 5 August 2026, involved over 12 million electronic invoices issued during the 115th fiscal year. Winners must claim prizes within 30

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Taiwan:Withholding Rules Clarified for P2P Lending Platform Interest

Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice. Source: Read Official Announcement

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Taiwan: Tax Bureau Requires Immediate Repayment of Overdue Withholding Tax

As of 2026/08/06, the Taiwan Tax Bureau issued a directive mandating that taxpayers who have underpaid withholding tax must settle the outstanding amount without delay and submit a supplemental declaration to the relevant tax office. The notice specifies that payments must be received by 2026/09/05 to avoid interest charges and surcharges. Additionally, failure to comply

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Sri Lanka: Sri Lanka Revenue Quarterly Tax Instalments 2026/2027 Year of Assessment

The Inland Revenue Department of Sri Lanka, under the stewardship of the Commissioner General of Inland Revenue, has announced the release of Circular No. SEC/2026/E/06 (Revised), dated 6 August 2026, providing authoritative guidance on the computation and remittance of quarterly advance income tax instalments for the forthcoming Year of Assessment 2026/2027. This regulatory instrument emanates

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