Asia Pacific

Mainland China: Hangzhou Bureau Penalizes Firm for Improper Tax Preference Claims

On 12 October 2026, the Hangzhou Municipal Tax Bureau concluded its investigation into Zhejiang Zhongshui Biaotixin Technology Service Co., Ltd., which helped 23 client enterprises improperly claim “small and micro enterprise” income tax preferences and “venture capital” tax credits through fabricated lease agreements and equity structures. The scheme reduced client tax liabilities by RMB 18.7

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Nepal: Nepal Issues Revised Tax Exemption Guide Under Economic Act 2083

On 12 October 2026 (26 Ashwin 2083), the Inland Revenue Department (IRD) of Nepal published a revised informational manual detailing tax exemptions, concessions, and other provisions under the Economic Act 2083. The Economic Act 2083, enacted as part of the annual Finance Bill, introduces significant amendments to the Income Tax Act, Value Added Tax Act,

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Bangladesh:Bangladesh Customs Replaces Cotton Yarn Bond Facility with Bank Guarantee

On 11 October 2026, the NBR published an amendment to General Order No. 51/2026/Customs/519, originally dated 7 September 2026. The amendment withdraws the bond facility previously available for the import of 10‑30 count cotton yarn falling under HS headings 5205, 5206, and 5207. In its place, importers must now provide a bank guarantee to secure

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Cambodia: Cambodia Issues Royal Decree on Pchum Ben Festival Holiday Tax Arrangements

On 10 October 2026, Cambodia’s General Department of Taxation (GDT) published a Royal Decree addressing tax administration arrangements during the Pchum Ben festival period. This annual Buddhist festival, observed from late September to mid-October, traditionally affects government office hours and taxpayer compliance timelines. The decree provides legal clarity on statutory deadline extensions, payment grace periods,

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Indonesia: Depok Health Agency Learns Tax Compliance with West Java III Tax Office

On 9 October 2026, the Depok City Health Agency (Dinas Kesehatan Kota Depok) participated in a comprehensive tax compliance workshop organized by Kanwil DJP Jawa Barat III, addressing the unique tax obligations of Regional Government Work Units (SKPD) under Government Regulation (PP) Number 94/2010 on VAT Treatment for Government Agencies. The session covered: VAT collection

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Indonesia: DJP Wins Dual Awards at 2026 Anugerah Humas Indonesia for Trusted Communication

On 9 October 2026, the Directorate General of Taxes (DJP) was honored with two prestigious awards at the Anugerah Humas Indonesia (AHI) 2026, organized by the Indonesian Public Relations Association (Perhimpunan Humas Indonesia). DJP secured Gold in the “Government Institution Category – External Communication” for its “Pajak Berkah” (Tax Blessing) multimedia campaign, and Silver in

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Indonesia: Konawe Regency Inaugurates First Tax Center with Unaaha Tax Office Support

On 9 October 2026, Konawe Regency, Southeast Sulawesi, officially inaugurated its first Tax Center (Tax Center Konawe), a collaborative service hub established by the Regency Government in partnership with KP2KP Unaaha (Kanwil DJP Sulawesi Tenggara). The Tax Center operates under the legal basis of Article 15 of Law Number 6/1983 (KUP Law) authorizing DJP to

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Singapore: IRAS Updates Withholding Tax Rules for Non-Resident Entertainers

Effective 9 October 2026, the Inland Revenue Authority of Singapore (IRAS) has updated its guidance on the tax obligations of non-resident public entertainers, including artistes, musicians, and sportsmen. The revised FAQs provide critical clarity on distinguishing tax filing obligations and Notice of Assessment expectations across different work pass categories—specifically Employment Pass, S Pass, Work Permit,

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Singapore: Singapore GST: Enhanced Guidance on Overseas Remote Services

On 9 October 2026, IRAS significantly enhanced its guidance webpage for consumers purchasing remote services from overseas service providers under Singapore’s Goods and Services Tax (GST) regime. The update responds to the Overseas Vendor Registration (OVR) regime expanded on 1 January 2023 to cover both digital and non-digital remote services. The restructured page now features

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Azerbaijan: Chamber of Accounts Hosts Training on Public Financial Management

On 9 October 2026, the Chamber of Accounts of the Azerbaijan Republic held a specialized training session addressing current issues in state financial management. The event, attended by tax officials, ministry representatives, and audit professionals, focused on budget execution oversight, tax revenue forecasting accuracy, and compliance with international public sector accounting standards (IPSAS). Discussions covered

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