Asia Pacific

Hong Kong SAR: Hong Kong Unveils Tax Relief Package to Boost Industry Investment

On 5 October 2026, the Secretary for Financial Services and the Treasury delivered opening remarks at the Legislative Council Panel on Financial Affairs regarding the preferential policy package for promoting industry and investment, with a focus on tax relief measures. The speech outlines the government’s strategy to enhance Hong Kong’s competitiveness through targeted tax incentives,

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Singapore: IRAS: No Penalties for Taxpayers Over Intermediary Errors

In a Forum Reply dated 5 October 2026, IRAS clarified that taxpayers will not be penalised for inaccuracies in tax returns arising from incorrect details submitted by their appointed intermediaries, such as tax agents, payroll vendors, or corporate secretarial firms. This assurance addresses concerns raised by taxpayers who received notices of assessment reflecting errors made

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Taiwan: Taiwan VAT Compliance: Invoicing Rules for Freight and Service Fees

On 5 October 2026, the NTB published a compliance reminder addressing the value-added tax (VAT) treatment of ancillary charges—freight, installation, and service fees—collected by business entities in connection with the sale of goods or services. Under Article 8 of the Value-Added and Non-Value-Added Business Tax Act, the sales amount includes all consideration received, whether designated

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Taiwan: Taiwan Uniform Invoice App Adoption Urged for 986 Millionaires

In a concurrent announcement on 5 October 2026, the Taxation Administration revealed that since the inception of the Uniform Invoice lottery, the Special Prize has created 986 millionaires (NT$10 million each). To streamline prize distribution and prevent unclaimed winnings, the Administration strongly encouraged all taxpayers to download the official Uniform Invoice mobile app (available on

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Japan: Japan NTA Launches AI Chatbot for Year-End Tax Adjustment Help

On 5 October 2026, the Japan National Tax Agency (NTA) deployed an enhanced AI-powered chatbot service on its official website to handle taxpayer inquiries specifically related to the 2026 year-end adjustment (Nenmatsu Chōsei). The chatbot, accessible via the “Tax Consultation Chatbot” (Zeimu Sōdan Chatbot) portal, leverages a large language model fine-tuned on the NTA’s entire

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Nepal: Nepal IRD Publishes Taxpayer Incentive Winners for Early October

On 5 October 2026, the Inland Revenue Department (IRD) released the first fortnightly winner list for the Taxpayer Incentive Prize Program covering Ashwin 1 to 15, 2083 (approximately 17 September to 1 October 2026). This announcement (content/13658) continues the bi-weekly publication cycle designed to sustain consumer engagement in the VAT invoice compliance drive. The program,

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Sri Lanka:Sri Lanka Stamp Duty: Compounded Payment Statement Released

On 5 October 2026, the Inland Revenue Department (IRD) of Sri Lanka published a new statement detailing the compounded stamp duty amounts and associated payment procedures. This notice serves as an official reference for taxpayers engaged in transactions subject to stamp duty under the Stamp Duty Act, providing clarity on the compounded rates applicable for

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Fiji: Fiji CGT Compliance: Cancelled Asset Sales Rules From Aug 2026

On 5 October 2026, the Fiji Revenue and Customs Service (FRCS) released a public notice detailing new Capital Gains Tax (CGT) compliance requirements introduced under the 2026-2027 National Budget, effective from 1 August 2026. The amendments modify Section 130 of the Income Tax Act (or relevant CGT legislation) to address the tax treatment of capital

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Sri Lanka:Sri Lanka Betting & Gaming Levy: Gross Collection Payment Rules

On 5 October 2026, the Inland Revenue Department issued a notice specifying the payment requirements for the Betting and Gaming Levy (BGL) on the gross collections of bookmakers and gaming businesses. This directive operates under the Betting and Gaming Levy Act, mandating that operators remit the levy calculated on total gross collections within the prescribed

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Azerbaijan: Economy Minister Meets Digital Cooperation Organization Secretary-General

On 5 October 2026, Azerbaijan’s Minister of Economy, Mikayil Jabbarov, met with the Secretary-General of the Digital Cooperation Organization (DCO), Deemah AlYahya, to discuss the taxation of the digital economy and the implementation of the OECD/G20 Inclusive Framework’s Two-Pillar Solution. Azerbaijan, a DCO member since 2023, seeks to align its digital services tax (DST) regime

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