Asia Pacific

Australia: How to Apply for Franking Credit Refunds under Australian Tax Law

As of 24 August 2026, the ATO opened applications for franking credit refunds for eligible entities. Key Takeaways Eligible applicants must have excess franking credits from dividends received. Refunds are processed after verification of shareholding and dividend statements. Disclaimer:This article is compiled and summarized based on publicly available information and is for general information and

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Indonesia: Indonesia Completes Village Tax Reconciliation for 60 Village Governments

On 24 August 2026, KP2KP Sengkang concluded a comprehensive tax data reconciliation project covering 60 village governments (Pemerintah Desa) across Wajo Regency, South Sulawesi. The initiative addressed systemic gaps in Village Fund (Dana Desa) tax reporting, where village treasurers historically lacked capacity to withhold and remit Article 23/26 Income Tax on vendor payments. Under Law

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Indonesia: Indonesia Tax Regulation: PMK-44/2026 Strengthens Legal Certainty for Taxpayer Powers and Rights

On 24 August 2026, the Minister of Finance issued PMK-44/2026, refining procedures for taxpayer representation (kuasa) and strengthening legal protections for taxpayer rights during audits, objections, and appeals. The regulation specifies qualifications for tax representatives, including certified tax consultants, lawyers, and now family members (per recent amendment). It mandates written authorization with defined scope, duration,

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Australia: Checklist for Ensuring Your Not‑For‑Profit Self‑Review Tax Return Is Ready

On 24 August 2026, the ATO released a checklist to help NFPs prepare accurate self‑review tax returns. Key Takeaways The checklist covers income reporting, expense substantiation, and governance disclosures. Completing the checklist reduces risk of errors and potential penalties. Disclaimer:This article is compiled and summarized based on publicly available information and is for general information

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Indonesia: Indonesia Tax Notices: Understanding DGT’s ‘Love Letter’ (SP2DK) for Data Verification

On 24 August 2026, the DGT published a guide on the “Surat Permintaan Penjelasan Data dan/atau Keterangan” (SP2DK), colloquially known as the “love letter” from the tax office. The article explains that SP2DK is a routine data verification tool, not an audit notification, issued when discrepancies arise between taxpayer-reported data and third-party information (e.g., banking,

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Australia: Guidance on Using the 2026 Reportable Tax Position Schedule for Super Funds

Guidance issued 24 August 2026 assists super funds in correctly completing the 2026 RTP schedule. Key Takeaways Clear instructions reduce errors in reporting reportable tax positions. The schedule supports transparency and compliance with superannuation tax laws. Disclaimer:This article is compiled and summarized based on publicly available information and is for general information and academic exchange

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Australia: Real Property Transactions Data‑Matching Program Explained for Tax

The ATO explained on 24 August 2026 its data‑matching program for real property transactions to support tax compliance. Key Takeaways The program covers property transfers from 20 September 1985 to 30 June 2017. Data matching helps detect undisclosed capital gains and stamp duty liabilities. Disclaimer:This article is compiled and summarized based on publicly available information

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Bangladesh: Chittagong Customs Launches E-Auction for 442 Containers of Seized Goods

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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New Caledonia: New Caledonia Releases DNS Teledeclaration Specifications for 2026

On 23 August 2026, the Direction des Services Fiscaux (DSF) of New Caledonia released the updated “Cahier des charges télédéclaration DNS” (Specifications for Electronic Declaration of Wages and Honoraria). This technical document defines the file formats, data structures, validation rules, and transmission protocols for the Déclaration Nominative des Salaires (DNS) and Déclaration Nominative des Honoraires

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Afghanistan: Afghanistan Issues New Tax Exemptions and Amendments Guidance for Businesses

As of 23 August 2026, the Afghanistan Revenue Department (ARD) has issued a new directive concerning tax exemptions and amendments, reflecting the government’s ongoing efforts to stimulate investment, support small and medium-sized enterprises (SMEs), and align the national tax framework with international best practices. The directive, released under the authority of the Ministry of Finance,

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