Asia Pacific

Australia: Tax Professionals: Lodge Prior Year Returns by 31 October

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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Singapore: Singapore Updates Tax Guidance on SRS Withdrawals After Retirement Age Rise

On 3 September 2026, IRAS updated the guidance on the tax treatment of withdrawals from the Supplementary Retirement Scheme (SRS) following the increase in the statutory retirement age from 63 to 64, effective 1 July 2026. The amendment affects the age at which SRS members can make penalty-free withdrawals and the tax concession on withdrawals

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Bangladesh: Bangladesh VAT Entries Cancelled After Environmental Clearance for Gramtech Knit

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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Bangladesh: Bangladesh VAT Entries Cancelled After Environmental Clearance for Gramtech Knit

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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Indonesia: Indonesia Issues Tax Relief for East Nusa Tenggara Natural Disasters

On 2 September 2026, the Directorate General of Taxes (DJP) issued Decision Letter KEP-185/PJ/2026, establishing special tax administration policies for taxpayers impacted by natural disasters occurring in East Nusa Tenggara Province during 2026. This regulation activates under the legal framework of Law No. 28 of 2007 concerning General Provisions and Tax Procedures (KUP Law), specifically

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Indonesia: Indonesia Coretax: Four Essential Menus Taxpayers Must Know for Compliance

On 2 September 2026, the DGT released a user guide highlighting four essential menus within the Coretax system, Indonesia’s new core tax administration platform. Coretax, launched as part of the Tax Administration System Renewal (PSIAP), integrates registration, filing, payment, and audit functions. The article details the “Dashboard”, “SPT Masa” (Periodic Tax Return), “SPT Tahunan” (Annual

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Nepal: Nepal IRD Specifies Format for Skill Development Fee Reporting

On 2 September 2026 (17 Bhadra 2083), the IRD prescribed a standardized format for reporting skill development fee (SDF) details, as mandated under the Finance Act 2083. The SDF, levied at 0.5% on the total remuneration paid to employees by certain enterprises, requires quarterly submission of prescribed returns. The new format aims to streamline data

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Indonesia: Indonesia Tax Compliance: DGT Addresses Free Rider Mentality in Tax Culture

On 2 September 2026, the DGT published an opinion piece confronting the “free rider” mentality where individuals or businesses benefit from public services without contributing taxes. The article draws on behavioral economics and tax morale research to explain how non-compliance erodes fiscal capacity and fairness. It references the Harmonisasi Peraturan Perpajakan (HPP) Law provisions on

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Fiji: FRCS and UNODC Strengthen Pacific Border Security Partnership

On 2 September 2026, the Fiji Revenue and Customs Service (FRCS) met with United Nations Office on Drugs and Crime (UNODC) representatives, including Border Management Branch Asia Coordinator David O’Connell and Programme Officer Tuna Bozalan, to reaffirm their strategic partnership in strengthening border security across Fiji and the wider Pacific region. The engagement highlighted the

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