Asia Pacific

Nepal: Nepal IRD Releases Taxpayer Incentive Gift Program Operating Procedures 2083

On 7 September 2026 (22 Bhadra 2083), the IRD published the detailed operating procedures for the Taxpayer Incentive Gift Program for the fiscal year 2083/84. The program encourages voluntary tax compliance by rewarding taxpayers who issue and receive electronic invoices through a transparent lucky draw. The procedures define eligibility criteria, prize categories, selection methodology, and

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Azerbaijan: Azerbaijan Active VAT Payers Rise 6.3% in September 2026

According to data released on 7 September 2026, the number of active VAT payers in Azerbaijan increased by 6.3% compared to the same period last year, reaching a historic high. The State Tax Service attributed this growth to a combination of economic recovery in the non-oil sector, improved voluntary compliance driven by digital services, and

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Azerbaijan: Azerbaijan Cash Register Turnover Jumps 14.8% via New NKA

On 7 September 2026, the State Tax Service announced that the total turnover recorded through new-generation fiscal cash registers (NKA) increased by 14.8% year-on-year. The NKA system, which became mandatory for all VAT payers and certain categories of non-VAT payers from 1 January 2025, transmits sales data in real time to the tax authority’s central

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Pakistan: FBR Hosts Asaan Tajir Tax Return Seminar for Small Traders

On 7 September 2026, the Federal Board of Revenue (FBR) conducted a dedicated seminar at the Islamabad Chamber of Commerce & Industries to promote the Asaan Tajir (Easy Trader) simplified income tax return filing scheme. This initiative targets small traders and retailers who often face complexity in standard tax compliance. The seminar provided hands-on guidance

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Mainland China: STA Party Committee Reviews Political Performance Education, Plans Consolidation

On 7 September 2026, the STA Party Committee held an expanded meeting and a Party Building Work Leading Group meeting to summarize the “Establishing and Practicing the Correct View of Political Achievements” (树立和践行正确政绩观) thematic education campaign conducted across the national tax system since early 2026. The campaign aimed to correct formalism, bureaucratism, and short-termism in

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Kyrgyzstan: Kyrgyz Tax Chief Discusses AI Adoption with Global Experts

On 7 September 2026, Almazbek Shykhmamatov, Chairman of the State Tax Service (STS) of the Kyrgyz Republic, convened a high-level roundtable with international experts from the OECD, World Bank, and leading tax technology firms to discuss the strategic integration of artificial intelligence (AI) into tax administration. The meeting, held in Bishkek, forms part of the

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Azerbaijan: Azerbaijan Tax Service Releases August 2026 Tax News Digest

On 4 September 2026, the State Tax Service released its monthly “Tax News: August” digest, summarizing key legislative changes, administrative updates, and enforcement results for the month. The digest covers the continuation of VAT registration for foreign digital service providers, new excise stamp requirements for tobacco and alcohol products, the launch of a taxpayer communication

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Taiwan: Taiwan Tax Authority Urges Honest Filing, Warns Against Tax Evasion

The Taiwan Ministry of Finance (MOF) issued a strong public reminder on 4 September 2026 urging all taxpayers to fulfill their obligations honestly and warning that attempts to evade taxes through wishful thinking or concealment will be met with strict enforcement. The announcement references the Tax Collection Act and related regulations, emphasizing that the tax

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Taiwan: Taiwan VAT: Construction Payment Offsets Require Full Invoice Issuance

Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice. Source: Read Official Announcement

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Taiwan: Taiwan Corporate Tax: Overseas Investment Losses Must Be Realized for Deduction

The Ministry of Finance released a ruling on 4 September 2026 stating that profit-seeking enterprises may only claim deductions for overseas investment losses when such losses are realized, in accordance with Article 36 of the Income Tax Act and the relevant enforcement rules. The clarification targets situations where companies attempt to deduct unrealized paper losses

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