Asia Pacific

Nepal:Nepal Joins BRITACOF Declaration on Digital Tax Governance

On 17 October 2026, the Inland Revenue Department (IRD) of Nepal announced the conclusion of the 7th BRITACOF (Bangladesh, India, Nepal, Thailand, Afghanistan, Cambodia, Oman, Fiji) Conference, issuing a joint declaration that underscores a shared commitment among member nations to advance digital tax governance and strengthen institutional capacity. The conference, held under the auspices of

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Bhutan: Bhutan-Bangladesh Customs Group Holds 8th Meeting in Dhaka

On 16 October 2026, the Department of Revenue and Customs (DRC) of Bhutan announced the conclusion of the 8th Meeting of the Bhutan-Bangladesh Joint Group of Customs (JGC) held in Dhaka, Bangladesh. This bilateral customs forum serves as a critical platform for enhancing cross-border trade facilitation, harmonizing customs procedures, and resolving pending issues related to

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Hong Kong SAR: Hong Kong Gazettes Bill for IP Tax Deduction Regime

On 16 October 2026, the Hong Kong Special Administrative Region Government gazetted the Inland Revenue (Amendment) (Tax Deduction for Intellectual Property Expenditure) Bill 2026. The bill proposes a dedicated tax deduction regime for qualifying intellectual property (IP) expenditure incurred by corporations carrying on a trade, profession, or business in Hong Kong. This legislative move aligns

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Japan: Japan NTA Announces Fee Refunds for Delayed Tax Accountant Exam

On 16 October 2026, the Japan National Tax Agency (NTA) announced a full refund of examination fees for all candidates registered for the 76th Certified Public Tax Accountant (CPTA) Examination originally scheduled at the Grand Messe Kumamoto venue in Kumamoto Prefecture. The examination was postponed indefinitely following the Kumamoto Earthquake of July 2026, which caused

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Northern Mariana Islands: CNMI Tax Relief Extended for Super Typhoon Sinlaku Victims

As of October 16, 2026, the Commonwealth of the Northern Mariana Islands (CNMI) Division of Revenue and Taxation (DRT) has announced targeted tax relief for individuals and businesses affected by Super Typhoon Sinlaku. The announcement, issued under the authority of the Secretary of Finance, extends the filing and payment deadlines for calendar year 2025 tax

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Taiwan: Taiwan Estate Tax: Pre-Death Gifts Now Donee Liability After Amendment

Effective 16 October 2026, the NTBT highlighted a legislative amendment to the Estate and Gift Tax Act shifting the liability for gift tax on assets transferred within two years of the donor’s death. Previously, such gifts were added back to the gross estate and taxed at the estate level. Under the new rule, the donee

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Mainland China: China Tax Administration Honors Retirees with Open Letter on Legacy

On 16 October 2026, the STA released an open letter addressed to all retired personnel across the national tax system, titled “Silver-Haired Tax Emblem: Original Aspiration Passed Down.” The letter acknowledges the contributions of generations of tax officials in building China’s modern tax administration, particularly during major reforms such as the 1994 tax-sharing reform, the

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Hong Kong SAR: Hong Kong Gazettes IP Tax Deduction Bill for Public Consultation

On 16 October 2026, the Hong Kong Government gazetted the Inland Revenue (Amendment) (Tax Deduction for Intellectual Property Expenditure) Bill 2026, initiating the formal legislative process to overhaul the tax deduction regime for intellectual property (IP) expenditure. The gazettal follows the policy announcement in the 2026 Policy Address and marks the start of a public

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Indonesia: Indonesia Tax Panel Discusses Digital Economy Crypto Assets Shariah

On 16 October 2026, the Indonesian Directorate General of Taxes (DJP) convened a high-level panel discussion addressing the intersection of taxation, the digital economy, and crypto-assets through the lens of Islamic Shariah principles. The event, titled “Taxes, Digital Economy, and Crypto-assets from The Perspective of Shariah: Tax and Shariah Principles, ‘Two Wings’ for the Welfare

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Bhutan: Bhutan Bangladesh Customs Cooperation Trade Facilitation

On 16 October 2026, the Royal Government of Bhutan’s Ministry of Finance, Department of Revenue and Customs, issued a joint press release with Bangladesh customs authorities reaffirming their bilateral commitment to deepen customs cooperation and enhance trade facilitation measures. This agreement builds upon the existing memorandum of understanding between the two nations and aims to

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