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Australia: ATO Privacy Notice: Substituted Accounting Period Applications

Australia /

The ATO has issued a specific privacy notice detailing how personal and organisational information collected during Substituted Accounting Period (SAP) applications is handled. The notice, effective from 27 August 2026, references the Privacy Act 1988 and the Taxation Administration Act 1953, outlining the purposes of collection, disclosure permissions to other government agencies, and the applicant’s

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Philippines: BIR Extends Tax Return Deadlines Due to eBIRForms Offline Package Unavailability

Philippines /

The Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular No. 95-2026 to extend the filing deadlines for tax returns and the submission of required documents for taxpayers who are unable to use the eBIRForms offline package due to its temporary unavailability. The extension aims to alleviate compliance burdens while the technical issue is resolved,

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Taiwan: Taiwan Estate Tax: Decedent’s Shareholder Receivables Must Be Included in Estate Declaration

Taiwan /

On 27 August 2026, the NTBT clarified that “shareholder receivables” (loans or advances from a company to its shareholders) owned by a decedent at death constitute taxable estate assets under the Estate and Gift Tax Act. These receivables, often recorded as “other receivables – shareholders” on corporate books, must be valued and reported in the

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Fiji: FRCS Releases Final Draft SIG on Tourism Services Tax 2026

Fiji /

The Fiji Revenue and Customs Service (FRCS) has released the final draft of the Standard Interpretation Guideline (SIG) on the Tourism Services Tax (TST), providing detailed interpretative guidance on the application of the 5% TST introduced in the 2026–2027 National Budget. The SIG clarifies the scope of taxable tourism services, registration thresholds, invoicing requirements, and

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Philippines: BIR Implements ARTA Anti-Fixer Measures to Improve Client Satisfaction Tracking

Philippines /

Revenue Memorandum Circular No. 92-2026 circularizes the Anti-Red Tape Authority’s (ARTA) Memorandum Circular No. 2026-0004, which revises the campaign against fixers and enhances the Client Satisfaction Measurement (CSM) framework. By adopting ARTA’s guidelines, the BIR strengthens its internal processes to deter fraudulent practices and improve service quality for taxpayers. The circular amends the earlier BIR

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Australia: ATO Guidance: Foreign Residential Property Registration Requirements

Australia /

The ATO has published updated guidance for foreign persons registering ownership of Australian residential land under the Register of Foreign Ownership of Australian Assets. The guidance, effective for acquisitions after 1 July 2026, details the registration timeline (within 30 days of the event), the information required (including FIRB approval numbers, property details, and beneficial ownership),

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Azerbaijan: Azerbaijan Strengthens Excise Goods Oversight Across Supply Chain

Azerbaijan /

As of 27 August 2026, Azerbaijan’s State Tax Service, in cooperation with the Ministry of Economy and the Food Safety Agency, continues intensified monitoring of excise goods circulation to boost transparency, improve compliance, and safeguard tax revenues. The measures cover production, distribution, and retail stages of alcohol, tobacco, fuel, and other excisable products nationwide. Key

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Philippines: BIR Sets Base Amount for 20% Penalty on Early PERA Withdrawals

Philippines /

Revenue Memorandum Circular No. 91-2026 clarifies the base amount used to calculate the twenty percent (20%) penalty imposed on early withdrawals from Personal Equity and Retirement Account (PERA) holdings that are classified as unqualified. The circular also amends certain provisions of Revenue Memorandum Circular No. 4-2023 to ensure consistent application of the penalty across all

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Australia: ATO Guidance: Foreign Registration of Mining and Exploration Tenements

Australia /

The ATO has released specific guidance for foreign investors registering interests in Australian mining, production, or exploration tenements. The guidance clarifies that registration is required for any legal or equitable interest in a tenement granted under Australian mining legislation, including exploration licences, mining leases, and retention leases. The registration must occur within 30 days of

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Philippines: BIR Clarifies Certificate of Compliance Requirements for BARMM Cooperatives

Philippines /

Revenue Memorandum Circular No. 90-2026 provides clarification on the Certificate of Compliance issued by the Cooperatives and Social Enterprise Authority of the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM). The circular explains how such certificates affect the tax treatment of cooperatives operating within BARMM, particularly concerning eligibility for tax incentives and exemptions. It also outlines

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