On 3 August 2026, IRAS introduced the myTax Portal Troubleshooting Assistant specifically for Corporate Income Tax Filing Season 2026. This self-help digital tool provides step-by-step guidance to resolve common login, access, and navigation issues encountered by companies and tax agents when filing Form C-S/C on myTax Portal. The launch coincides with the peak filing period,
On 3 August 2026, IRAS amended the e-Tax Guide for the GST Major Exporter Scheme (MES) by inserting Appendix F, which lists the contact details of Approved Exporter Coordinators (AECs). The MES allows qualifying exporters to import goods without paying GST at the point of importation, significantly improving cash flow for businesses with substantial export
Singapore: IRAS Updates Major Exporter Scheme Guide with New Approved Exporter Contacts Read More »
On 3 August 2026, IRAS published two additional ruling summaries under the Advance Ruling System for Income Tax, expanding the public repository of anonymized advance rulings issued for corporate tax matters (excluding individual income tax). The Advance Ruling System provides taxpayers with certainty on how IRAS will apply tax laws to specific transactions, supporting informed
Singapore: IRAS Adds Two New Advance Ruling Summaries for Corporate Income Tax Read More »
As of 2026/08/03, the State Taxation Administration announced that Zhang Yijun, former Party Committee member and Deputy Director of the Taxation Bureau of the Xinjiang Uygur Autonomous Region, is under disciplinary review and supervisory investigation. The action reflects the authority’s resolve to reinforce integrity and rule‑of‑law in the tax system, sending a clear signal to
China: Xinjiang Tax Bureau Deputy Chief Under Disciplinary Probe Read More »
As of 3 August 2026, the National Board of Revenue (NBR) officially published directives regarding the restructuring of the Value Added Tax (VAT) Commissionerate, accompanied by amendments to the Border Integration Number (BIN) transfer protocols and customs import-export operational guidelines. This initiative forms part of the government’s ongoing tax administration reform agenda, designed to modernize
As of 2026/08/03, the Taiwan Tax Bureau announced the launch of the “Cloud Invoice” tax promotion event, inviting taxpayers to join a baseball-themed charity activity on August 20. The event aims to raise awareness of digital invoicing solutions while supporting community sports initiatives. Participants who register through the official online platform will receive a unique
Taiwan: ‘Cloud Invoice’ Tax Promotion Calls for Baseball Charity on August 20 Read More »
Overview of upcoming amendments to capital gains tax regulations for individuals owning two or more high-value properties, effective next year. Disclaimer:This article is compiled and summarized based on publicly available information and is for general information and academic exchange purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis
South Korea: Key Changes to Multi-Property Capital Gains Tax Starting Next Year Read More »
As of 2026/08/03, the Taiwan Tax Bureau released guidance allowing heirs to request partial payment of estate tax before the full settlement of the estate, facilitating the registration of joint property inheritance. This provision enables beneficiaries to meet registration deadlines without awaiting the complete distribution of assets, thereby reducing delays in property transfer. The request
Taiwan: Heirs Can Seek Estate Tax Payment Before Settlement for Inheritance Read More »
On 3 August 2026, the Inland Revenue Department notified the applicable income tax rates for natural persons for the fiscal year 2083/84 (2026‑2027). The notice provides the slab‑based rates that individuals must use when calculating their annual tax liability. Key Takeaways Rate Structure: The notice confirms the progressive tax brackets, ranging from 1 % for the
Nepal: Natural Person Income Tax Rates for Fiscal Year 2083/84 Announced Read More »
As of 02 August 2026, Thailand’s Revenue Department confirmed that the value-added tax (VAT) rate of 7 percent will remain unchanged for the entire 2025-2026 fiscal year. The circular, published on the department’s official website, reiterates the government’s decision to retain the reduced VAT level introduced to support economic recovery and to provide stability for
Thailand: Revenue Dept Confirms 7% VAT Rate Maintained Through 2026 Read More »
