Asia Pacific

Australia: ATO Guidance: Foreign Registration of Australian Water Interests

The ATO has released guidance for foreign investors registering registrable water interests in Australia. The guidance covers water access entitlements, water allocations, and irrigation rights granted under state or territory water legislation. Registration is required within 30 days of acquiring the interest, with details including the water entitlement identifier, volume, location, and the foreign investor’s

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Australia: ATO Guidance: Foreign Registration of Australian Business Interests

The ATO has published guidance for foreign investors registering interests in Australian businesses or entities under the Register of Foreign Ownership of Australian Assets. The guidance applies to direct interests of 20% or more in an Australian company, unit trust, or partnership, and indirect interests through interposed entities. Registration is required within 30 days of

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Cambodia: Cambodia GDT Holds Third EU Twinning Project Steering Meeting

On 27 August 2026, the General Department of Taxation (GDT) of Cambodia hosted the third meeting of the Project Steering Committee for the EU Twinning Project, officially known as the “Strengthening Tax Administration” initiative. This EU-funded program aims to modernize Cambodia’s tax administration through alignment with European Union standards, enhance voluntary compliance, and improve revenue

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Australia: ATO Guidance: Foreign Registration of Australian Agricultural Land

The ATO has issued guidance for foreign investors registering interests in Australian agricultural land. The guidance, effective for acquisitions after 1 July 2026, requires registration within 30 days for freehold and leasehold (term >5 years) interests in land used for primary production. The registration captures land use, area, water entitlements, and the foreign investor’s beneficial

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Taiwan: Taiwan Tax Arrears in Compulsory Execution Can Apply for Installment Payment to Administrative Enforcement Agency

On 27 August 2026, the NTBT reminded taxpayers that tax debts transferred to the Administrative Enforcement Agency for compulsory execution remain eligible for installment payment arrangements. Under the Administrative Execution Act and Tax Collection Act, delinquent taxpayers can apply to the local Administrative Enforcement Branch for deferred or installment payment plans even after enforcement proceedings

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Taiwan: Self-Use Home Repurchase Preference: Five-Year Restriction Warning

The Ministry of Finance issued a reminder on August 27, 2026, to individual taxpayers who have received approval for the self-use residential repurchase preference under the Land Value Increment Tax (LVIT) Act. The preference allows deferral of LVIT when a taxpayer sells a self-used residence and purchases a new one within a specified period. However,

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Taiwan: Taiwan Typhoon Shadler Tax Relief: Three-Step Disaster Loss Reduction Application Process

Ahead of Typhoon Shadler’s landfall, the NTBT issued guidance on 26 August 2026 outlining the three-step process for taxpayers to claim tax reductions or exemptions for disaster-related losses. Under the Disaster Relief Act and Tax Collection Act, individuals and businesses suffering property damage, inventory loss, or business interruption from declared natural disasters can apply for

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Indonesia: Indonesia Mandates Valid Self-Certification for CRS Compliance

On 26 August 2026, the Indonesian Directorate General of Taxes (DJP) issued a formal announcement reinforcing the mandatory requirement for financial institutions to obtain valid self-certification forms from account holders under the Common Reporting Standard (CRS) framework. This measure implements Indonesia’s obligations under the Multilateral Competent Authority Agreement (MCAA) and domestic regulations including PMK-107/2017 and

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Taiwan: Taiwan 2026 Profit-Seeking Enterprise Interim Income Tax Filing Starts September 1, E-Filing Encouraged

The NTBT announced on 26 August 2026 that the 2026 fiscal year (115th year) profit-seeking enterprise income tax interim filing period begins 1 September 2026 and ends 30 September 2026. Under the Income Tax Act, profit-seeking enterprises with approved fiscal years must file interim returns reporting half-year income and paying 50% of estimated annual tax

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Australia: ATO Warns of Fraudulent Activity Targeting Tax Professionals’ Systems

On 26 August 2026, the ATO alerted tax professionals to fraudulent attempts targeting their digital systems. Key Takeaways Scammers use phishing emails and malicious attachments to steal credentials. Tax practitioners should update security protocols and report suspicious activity. Disclaimer:This article is compiled and summarized based on publicly available information and is for general information and

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