Asia Pacific

Taiwan: Regulations on Withholding Tax for Internet Lending Platform Income

The Ministry of Finance released comprehensive regulations on the withholding and collection of taxes on interest income from internet lending platforms, effective 1 July 2026. The rules define calculation methods, reporting frequencies, penalty mechanisms, and documentation retention requirements to strengthen tax compliance in the digital credit market. The regulation applies to all domestic and offshore

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India: Section 11 Schedule III Income Tax Act 2025 Odisha JEE Committee 4322(E) 2026

On 5 August 2026 the Income Tax Department issued Notification No 110/2026 under Scheme Office SO 4322E notifying the application of Schedule III Table Sl No 36 read with Section 11 of the Income Tax Act 2025 30 of 2025 in the case of the Odisha Joint Entrance Examination Committee The notification clarifies the tax

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Indonesia: Indonesia Delays Marketplace Article 22 Income Tax Collection

On 5 August 2026, the Directorate General of Taxes announced the postponement of the implementation of Article 22 income tax (PPh Pasal 22) collection obligations for electronic marketplace operators, originally mandated under PMK-59/2022 and scheduled for enforcement from July 2026. The deferral responds to industry feedback regarding system readiness, compliance complexity for millions of micro,

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India: Section 11 Schedule III Income Tax Act 2025 Noida SEZ Authority 4320(E) 2026

On 5 August 2026 the Income Tax Department issued Notification No 108/2026 under Scheme Office SO 4320E notifying the application of Schedule III Table Sl No 36 read with Section 11 of the Income Tax Act 2025 30 of 2025 in the case of the Noida Special Economic Zone Authority The notification addresses the tax

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Taiwan: Taxpayers Using Appeals to Conceal Assets Face Immediate Asset Seizure

The Ministry of Finance warned that taxpayers who exploit administrative appeals to conceal or transfer assets will encounter immediate asset seizure actions. Effective 5 August 2026, the tax authority may issue provisional confiscation orders without prior notice when credible evidence of asset manipulation exists. Such orders can freeze bank accounts, suspend property transactions, and seize

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India: Section 536(1) Income Tax Act 2025 Noida SEZ Authority 4319(E) 2026

On 5 August 2026 the Income Tax Department issued Notification No 107/2026 under Scheme Office SO 4319E notifying the application of Section 536 1 of the Income Tax Act 2025 30 of 2025 in the case of the Noida Special Economic Zone Authority This notification specifies the procedural rules for the Authorities financial reporting requiring

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Taiwan: Keelung Tax Office Hosts Integrity Training for Staff in Fiscal Year 115

The Ministry of Finance reported that the Keelung Tax Office conducted an integrity education program for its staff during the 115th fiscal year, focusing on ethical conduct, anti‑corruption measures, and compliance with tax regulations. The training, held from 1 to 3 August 2026, covered proper handling of public funds, fraud detection, and ethical use of

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Tajikistan: Tax Committee Adds Digital Proofs for Cross-Border Rules 2026

As of 2026/08/05, the Tax Committee of Tajikistan enacted amendments to Commission Implementing Regulation No. 2026/1422 (UCC‑IA), introducing a suite of measures designed to digitise tax processes and tighten oversight of cross‑border commercial activities. The amendments permit the electronic submission of origin proofs, require mandatory digital verification of customs declarations, and set definitive timelines for

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