Asia Pacific

Taiwan: MOF Supports Review and Consolidation of National Treasury Gold Program

On 14 August 2026, the Ministry of Finance declared full support for the ongoing review and consolidation of the National Treasury Gold compensation program, aiming to improve fiscal stability and streamline benefit distribution. Key Takeaways Program review: May adjust compensation rates and eligibility criteria to reflect current economic conditions. Consolidation benefits: Aims to reduce administrative

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Indonesia: Patriotism Fuels Independence: Leveraging Tax Morale for National Prosperity

Indonesia’s tax authority has emphasized the role of fiscal responsibility as a cornerstone of national independence, linking tax morale to the broader vision of economic sovereignty. Recent communications from the Directorate General of Taxes highlight how voluntary compliance and a strong tax ethic contribute to the nation’s ability to fund development programmes, reinforce security, and

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Taiwan: Real‑Estate Lessor Must Declare Corporate Income Tax Based on Actual Activities

On 14 August 2026, the Ministry of Finance clarified that real‑estate lessors must declare corporate income tax based on actual business activities and apply the correct industry classification code under the Income Tax Act. Key Takeaways Tax reporting: Lessors are required to align tax declarations with genuine operational income and industry code. Regulatory compliance: Accurate

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Indonesia: Tax Agency Elevates Youth Awareness, JAKSEL II Leads Success 2026

As of 2026, the Directorate General of Taxes (DJP) of Indonesia has launched an initiative to foster tax awareness among young professionals through the second cohort of the JAKSEL II internship program. The program, running under the regulatory framework of the Ministry of Finance Regulation No. 12/2025 on Taxpayer Education and Internship, aims to enhance

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Indonesia: Indonesia Tax Notice Response: Don’t Panic Over SP2DK, DGT Advises Calm Compliance

On 14 August 2026, the DGT issued a reassurance article addressing taxpayer anxiety upon receiving SP2DK (data verification letters). The piece emphasizes that SP2DK is a standard administrative procedure, not a penalty notice. It provides a practical checklist: verify the letter’s authenticity via Coretax, identify the specific data discrepancy, gather supporting documents (invoices, contracts, bank

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Taiwan: Social Housing Rental Income May Qualify for Business Tax Exemption

On 14 August 2026, the Ministry of Finance highlighted that rental income from socially owned housing may qualify for business tax exemption when specific statutory conditions are satisfied. Key Takeaways Tax exemption: Qualified social housing rental income can be exempt from business tax under the relevant tax decree. Eligibility criteria: Must meet defined operational and

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Fiji: Fiji Launches Advanced CCTV at Nadi Airport to Strengthen Border Security

The Fiji Revenue and Customs Service (FRCS), in partnership with the Australian Government through the Vuvale Partnership Program and the Australian Border Force (ABF), has inaugurated a state-of-the-art CCTV capability and multi-purpose room at Nadi International Airport. Funded under the Australia-Fiji border security cooperation framework, this facility represents a significant advancement in Fiji’s border protection

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Indonesia: Tax Today 2026 Forum Discusses Digital Transformation of Taxation

In August 2026, the DJP organized the Talk Tax Today 2026 forum to discuss the shift toward digital tax administration. The dialogue aligns with the Ministry of Finance’s digital transformation roadmap, specifically the Taxpayer Digitalization Strategy 2025-2029, which mandates the deployment of integrated online platforms for filing and payment by fiscal year 2026. Key Takeaways

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Indonesia: Indonesian Tax Authority Delays Marketplace Obligations, Elevating UMKM Sector in Kulon Progo

As of 14 August 2026, the Indonesian Directorate General of Taxes (Ditjen Pajak) announced a temporary postponement of mandatory tax registration and payment obligations for digital marketplace operators, aiming to streamline compliance for micro, small, and medium enterprises (MSMEs). The regulation, referenced as PMK-2026/XX, provides a six-month grace period for marketplaces with annual transaction values

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South Korea: NTS Alert: Phishing Emails Impersonating Virtual Asset Tax Notices

On 14 August 2026, the National Tax Service (NTS) of South Korea issued an official warning regarding a surge in phishing emails impersonating the tax authority in connection with virtual asset taxation. As the government prepares for the implementation of comprehensive virtual asset tax reporting obligations, malicious actors are exploiting taxpayer uncertainty by distributing fraudulent

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