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Recent Articles

June 2022

24 Jun - Australia: Cryptocurrencies not regarded as foreign currency for tax purposes

24 Jun - Hong Kong: Proposed changes to offshore regime for passive income

24 Jun - India: Guidance on tax withholding, transfers of virtual digital assets

24 Jun - India: Tax treatment of interest income under treaty with Japan

24 Jun - Thailand: Six-month extension of certain customs-related relief measures (COVID-19)

23 Jun - UAE: VAT imposed on gold items, jewelry

22 Jun - Australia: Tax measures in 2022-2023 budget (New South Wales)

22 Jun - Australia: Tax measures in 2022-2023 budget (Queensland)

22 Jun - India: Uniform procedures for GST refund claims; tax withholding on benefits

21 Jun - Bangladesh: Tax proposals in Finance Bill 2022

21 Jun - Malaysia: Sales tax exemption on purchase of passenger cars ends 30 June 2022

17 Jun - India: Updated guidance for mutual agreement procedure (MAP)

16 Jun - Malaysia: Summary of income and stamp tax developments for second quarter 2022 (COVID-19)

15 Jun - Malaysia: Delinquent taxpayers identified, enforcement proceedings planned

14 Jun - Cambodia: Capital gains tax delayed to 1 January 2024

14 Jun - Cambodia: Exchange rates for VAT-registered taxpayers

14 Jun - India: Offshore commission income earned by foreign company not taxable in India (tribunal decision)

10 Jun - Singapore: Deferment of GST administrative concession removal for recovery of overseas brokerage fees and costs

10 Jun - Singapore: GST zero-rating for exported goods “hand-carried” by motor vehicle (court decision)

10 Jun - Singapore: Transitional issues arising from GST rate increase

9 Jun - Australia: Planned consultation in July on taxing U.S. and UK resident financial institutions

9 Jun - Australia: Superannuation industry overview 2022

8 Jun - Bahrain: Exports must meet GCC country of origin rules for entry into Saudi Arabia

8 Jun - China: Preferential corporate income tax policies for Hengqin Guangdong-Macao Deep Cooperation Zone

7 Jun - Hong Kong: Proposed tax concessions for maritime services

7 Jun - Philippines: Tax audit and field operations of task forces suspended

6 Jun - Vietnam: Deferral of tax payments, including VAT (COVID-19)

6 Jun - Australia: Land tax measures in 2022-2023 budget (South Australia)

2 Jun - Australia: Luxury car tax threshold rises for FY 2022-23

2 Jun - Saudi Arabia: Penalty waiver relaunched for all taxes, including VAT and excise tax (COVID-19)

1 Jun - Malaysia: Updated sales tax, excise duties and customs orders

1 Jun - UAE: New labor law measures for employers, employees

1 Jun - Cambodia: Online self-declared labour inspections (COVID-19)

May 2022

31 May - Cambodia: Permissible days off for 5 June election

31 May - Australia: Tax measures in 2022-2023 budget (Tasmania)

31 May - India: Service tax payable on secondment of employee from foreign affiliate

31 May - KPMG report: Tax governance frameworks in Singapore and Malaysia, related income tax and GST benefits

27 May - Malaysia: Harmonized System (HS 2022) implementation

27 May - Thailand: Excise tax and customs incentives for electric vehicles

27 May - Australia: Guidance under stamp duty act (New South Wales)

26 May - Australia: Valuing imported goods, disclosure of post-import adjustments

25 May - Hong Kong: Update on corporate tax issues, including transfer pricing documentation

25 May - Thailand: Voluntary disclosure program regarding import and export transactions, extended into 2026

25 May - Vietnam: Guidance on investment in vocational education, foreign loans, public health policies (COVID-19)

24 May - Singapore: Tax treatment of appropriation of trading stock and conversion of non-trade/capital assets

24 May - Australia: Stamp duty act enacted (New South Wales)

23 May - Australia: Labor party wins 2022 election, tax policies include public country-by-country (CbC) reporting

23 May - India: Beneficial ownership provisions may not apply to capital gains article of India-Mauritius treaty (tribunal decision)

23 May - India: No GST payable by Indian importer on reverse charge on ocean freight paid by foreign seller (Supreme Court decision)

23 May - Thailand: Tax incentives to support implementation of digital technology

23 May - UAE: Voluntary disclosure penalties under revised tax-related penalty regime

19 May - Hong Kong: Proposed tax deduction for rent paid for domestic premises

19 May - New Zealand: Budget 2022

18 May - Bahrain: Extended implementation dates for digital stamp regime for tobacco

18 May - India: Guidance on administration of new provisions introduced by Finance Act, 2021

17 May - Australia: Guidance regarding reduced company tax rate

17 May - Cambodia: Guidance on VAT reverse-charge mechanism for e-commerce transactions

17 May - Vietnam: Update on investment reporting by foreign-invested enterprises

16 May - Vietnam: Measures to strengthen tax administration for e-commerce activities

16 May - India: Guidance regarding notices issued under old reassessment regime (Supreme Court decision)

16 May - India: Training cost reimbursements not taxable as fees for included services under India-U.S. treaty (tribunal decision)

13 May - Philippines: Guidance regarding downtime of electronic filing and payment system for maintenance

13 May - Australia: Tax measures in 2022-2023 budget (Western Australia)

12 May - Australia: Overview of tax measures in 2022-2023 budget (Northern Territory)

11 May - Singapore: Changes to family office tax incentive regimes

11 May - Vietnam: Recommended focus on tax audit and inspection of high-risk industries and areas

11 May - India: Determining value of land as part of construction contract for GST purposes (court decision)

10 May - India: No permanent establishment under India-Singapore tax treaty (tribunal decision)

9 May - Malaysia: Updated tax audit frameworks

5 May - Taiwan: Extension of individual income tax return filing and payment deadlines (COVID-19)

5 May - India: Notice issued under old reassessment regime deemed issued under new reassessment regime (Supreme Court decision)

4 May - India: Guidance on filing updated tax returns

4 May - Australia: Overview of tax measures in 2022-2023 budget (Victoria)

2 May - UAE: Consultation on new federal corporate income tax system

April 2022

29 Apr - Cambodia: Tax incentives for taxpayers that voluntarily amend tax returns, with regard to IPOs

29 Apr - Hong Kong: Profits found to be offshore-sourced, not subject to profits tax (court decision)

28 Apr - Malaysia: Tax implications of statutory changes for unit trust funds (Finance Act 2021)

27 Apr - Bahrain: Updated list of goods subject to excise tax

25 Apr - Indonesia: Guidance concerning taxation of income from construction services

22 Apr - Cambodia: Updated business registration requirements

22 Apr - Philippines: Updated VAT guidance regarding export enterprises

21 Apr - Bahrain: Taxpayers required to complete survey regarding invoicing

20 Apr - Malaysia: Updated customs duties order covering new emerging products

20 Apr - Philippines: Deadline for submission of attachments to 2021 income tax returns

20 Apr - India: Reassessment notice emailed on last day of limitation period held valid (court decision)

19 Apr - India: Payments to subcontractor in China taxable as fees for technical services under India-China treaty (tribunal decision)

15 Apr - Malaysia: Tax corporate governance framework and guidelines

14 Apr - India: Assessment order issued in name of amalgamating company; provident fund contributions

14 Apr - India: Economic co-operation and trade agreement with Australia, tax implications for Indian companies

13 Apr - Bahrain: Economic substance returns extended for certain entities, digital stamp regime for tobacco

13 Apr - Kuwait: Excise tax on tobacco, beverages, luxury goods being considered

13 Apr - Philippines: Guidance concerning filing of income tax returns for 2021 tax year

12 Apr - Philippines: Guidance concerning VAT certifications, other measures

12 Apr - Malaysia: Guidance on sales tax exemption on importation of pallets

12 Apr - Thailand: Additional control measures for “customs free zones”

11 Apr - India: Subscription fees not taxable under tax treaty with Singapore; e-dispute resolution scheme

7 Apr - India: No dependent agent permanent establishment under India-Mauritius tax treaty (tribunal decision)

7 Apr - India: Payments for online advertisements not taxable in India (tribunal decision)

7 Apr - Malaysia: Foreign-source income excluded from prosperity tax

5 Apr - India: Tax withheld at source and deductibility of related expenses; foreign tax credit on taxes withheld in Singapore

4 Apr - Cambodia: Licensing requirements for companies, factories distributing or using certain chemicals

4 Apr - Malaysia: Excise tax on pre-mixed beverages (including certain coffees and teas) postponed

4 Apr - Malaysia: New e-telegraphic transfer system for tax payments

March 2022

31 Mar - India: GST amnesty program for Maharashtra State

31 Mar - Australia: Energy-related tax measures pass parliament

29 Mar - Australia: 2022 federal budget announced

29 Mar - Hong Kong: Salaries tax implications of employment termination and restricted shares (court decision)

29 Mar - India: Procedures for examining GST returns for FY 2017-18 and FY 2018-19

25 Mar - Japan: 2022 tax reform legislation passed

23 Mar - Philippines: Guidance regarding responsibilities of banks in accepting tax returns and payments

23 Mar - Vietnam: Guidance on conditions for customs inspection of export processing enterprises

22 Mar - India: Diamond certification services not taxable technical services under treaty with United States (tribunal decision)

22 Mar - Indonesia: Guidance on coordination of CFC rules with taxation of dividends

22 Mar - Australia: Tax treatment of digital assets and transactions; policy framework review

21 Mar - Australia: Consultation on proposed digital games tax offset

18 Mar - Australia: Fuel tax credit available for business use

18 Mar - Philippines: Guidance concerning tax withholding by agents, other measures

17 Mar - Philippines: VAT guidance regarding export enterprises

17 Mar - India: Permanent establishment under tax treaty with Japan; no withholding tax at source on share purchase

16 Mar - New Zealand: Proposed company tax “integrity measures”

15 Mar - Bahrain: Economic substance information returns due 31 March 2022

15 Mar - Thailand: Tax relief to support trading in digital assets and investment in start-ups

14 Mar - Hong Kong: Proposed family office tax exemption regime

14 Mar - Malaysia: Ratification of RCEP free trade agreement

11 Mar - Malaysia: Special foreign-sourced income program ends

10 Mar - Philippines: Tax guidance on certain income tax incentives (COVID-19)

9 Mar - India: Loss from permanent diminution in value of investment in U.S. subsidiary allowable as business expenditure (court decision)

8 Mar - Australia: Navigating stamp tax (duty) rules in 2022

7 Mar - New Zealand: Interest limitations, GST measures and foreign exchange rules in pending bill

7 Mar - Pakistan: Tax incentives to encourage industrial investment

4 Mar - Vietnam: Guidance concerning e-commerce websites and activities; legislative amendments regarding investment, enterprises

3 Mar - Bahrain: Proposed VAT payment relief for traders; possible implications of introducing a corporate income tax

1 Mar - Malaysia: FAQs on withholding tax on payments to resident individual agents, dealers and distributors

February 2022

28 Feb - Thailand: Multilateral instrument (MLI) is signed

25 Feb - India: Support services fees not “fees for technical services” under tax treaty with Belgium (tribunal decision)

24 Feb - Hong Kong: Tax measures in budget 2022-2023

24 Feb - Philippines: Tax guidance from Bureau of Internal Revenue

23 Feb - UAE: Updated voluntary disclosure user guide for VAT and excise tax

22 Feb - Qatar: Corporate income tax returns due 30 April 2022

22 Feb - Vietnam: Draft decree to facilitate tax declaration and payment

21 Feb - Singapore: Tax measures in budget 2022

21 Feb - India: Consideration paid by combined company exceeding net assets is goodwill, eligible for depreciation

21 Feb - Kazakhstan: Proposed tax amendments released for consultation

21 Feb - Vietnam: Guidance on real estate reporting

17 Feb - Australia: ATO guidance on GST reverse-charge provisions for financial services, insurance

17 Feb - India: Blocking of electronic credit ledger does not equal seizure of property (court decision)

16 Feb - India: No separate notification required, “most favoured nation” treaty clause (tribunal decision)

16 Feb - Australia: Proposal for “patent box” regime

16 Feb - Cambodia: Tax relief extended for certain sectors, including tourism industry (COVID-19)

16 Feb - Vietnam: Almost all tax treaties implicated with the signing of MLI

15 Feb - New Zealand: Public consultation on digitizing the tax system

11 Feb - Cambodia: Notification letter on use of English language in accounting software, update

11 Feb - India: Interest paid on income tax refund held taxable under tax treaty with United States

10 Feb - India: Tax withheld reduced by “equalization levy” (digital services tax) paid (court decision)

9 Feb - Australia: Tax integrity bill would provide self-assessment of effective life of certain intangible assets

8 Feb - India: Guidance regarding invocation of “most favoured nation” treaty clause

7 Feb - Indonesia: Program for income tax treatment, disclosure of offshore assets

7 Feb - Japan: Extended filing, payment deadline for individual taxpayers; updated FAQs (COVID-19)

7 Feb - UAE: Corporate income tax, what to expect

4 Feb - New Zealand: Income insurance scheme proposed

3 Feb - Bahrain: Tax authority issues VAT return guidance

3 Feb - Cambodia: Guidance on VAT adjustments; reminder of annual income tax reporting for 2021

3 Feb - Qatar: New passenger air ticket tax

1 Feb - India: Tax measures in budget 2022-2023

1 Feb - Australia: Understanding the terms “exploration,” “use” and “first use” regarding asset depreciation (Full Federal Court decision)

1 Feb - UAE: New corporate income tax system, scheduled to be effective 1 June 2023

January 2022

28 Jan - Vietnam: VAT rate reduction; corporate income tax deduction of certain COVID-19-related expenses

26 Jan - Bahrain: VAT rate increase to 10%; treatment of imports during one-year transitional period

25 Jan - India: Capital gains and insurance policies; branch office salary costs subject to GST; depreciation on goodwill

25 Jan - Qatar: VAT regime now expected in 2022

25 Jan - Vietnam: New rules for foreign businesses involved in certain electronic gaming activities

20 Jan - Cambodia: Delayed implementation of VAT on e-commerce transactions; VAT state-charge for “basic daily food”

19 Jan - Kazakhstan: Tax law amendments generally effective 1 January 2022

18 Jan - Hong Kong: New relief measures to support businesses and individuals (COVID-19)

18 Jan - Japan: Change in treatment of derivative transactions income

18 Jan - Taiwan: Draft amendment of tax registration rules for e-commerce

18 Jan - Vietnam: Recent corporate income tax and VAT guidance

13 Jan - Malaysia: Remittance of withholding tax on payments made to resident individual agents, dealers or distributors deferred until 31 March 2022

11 Jan - Azerbaijan: Tax measures effective in 2022

11 Jan - UAE: Procedures for installment payments of penalties, administrative waiver of penalties

10 Jan - Cambodia: Use of language, currency in accounting records and financial statements

10 Jan - India: Marketing services not fees for technical services; other developments

7 Jan - Bahrain: Transition rules for VAT rate change

7 Jan - Malaysia: Exemption for foreign-source income is extended (COVID-19)

7 Jan - Taiwan: Income tax withholding on cross-border payments for e-services

6 Jan - China: Individual income tax guidance

6 Jan - Japan: Recordkeeping for electronic transactions; guidance for designated tax representative system

6 Jan - Oman: VAT guide for oil and gas sector

5 Jan - Oman: Budget for 2022

5 Jan - Jordan: Income tax treaty with Cyprus

5 Jan - Pakistan: Sales tax, other measures in pending legislation (mini budget)

5 Jan - Malaysia: Service tax guidance concerning food and beverages, motor vehicles, brokerage services

4 Jan - Malaysia: Finance Act 2021, effective date 1 January 2022

4 Jan - Thailand: Tax calendar for 2022

2021 Articles

December 2021

30 Dec - Cambodia: Tax calendar for 2022

30 Dec - Vietnam: Tax calendar for 2022

30 Dec - Philippines: Tax calendar for 2022

30 Dec - Malaysia: Voluntary disclosure program for indirect taxes opens in 2022

29 Dec - Cambodia: VAT and e-commerce transactions

29 Dec - Thailand: Measures to support e-tax invoices and e-receipts; relief from residential property transfer fees

27 Dec - Vietnam: Tax treatment of certain pandemic-related expenses (COVID-19)

27 Dec - Bahrain: VAT rate increase to 10% is finalized

27 Dec - Oman: Transactions involving excise tax warehouses, when excise tax is suspended

23 Dec - India: Payments for database access not taxable under U.S. tax treaty

23 Dec - India: Tax highlights of 2021

22 Dec - Cambodia: Safety inspections of imported new vehicles; application deadline for expatriate staff employees

22 Dec - Malaysia: Taxpayer bank account information in garnishments

22 Dec - New Zealand: Review of tax developments in 2021

22 Dec - Thailand: Electronic signature requirements

21 Dec - Japan: Guidance addresses appointment of taxpayer representatives

20 Dec - Cambodia: Investment incentives include exemptions from customs duty, special tax and VAT

20 Dec - India: Income from providing access to software not taxable as royalty

17 Dec - Australia: Tax and the government's mid-year economic and fiscal outlook

17 Dec - Cambodia: Tax treatment of credit-guarantee fees, activities

17 Dec - Malaysia: FAQs on special program for foreign income remittance

16 Dec - Japan: Outline for 2022 tax reform proposals

16 Dec - Vietnam: Annual report of representative offices due 30 January 2022

16 Dec - Australia: Imported hybrid mismatch rule, final ATO guideline

15 Dec - Australia: Corporate tax transparency data for 2019-2020

15 Dec - Bahrain: VAT rate to increase to 10% in 2022

14 Dec - Cambodia: Minimum wage for 2022

10 Dec - Indonesia: Carbon tax, corporate tax measures enacted in new law

7 Dec - UAE: Input VAT recovery and mobile phone packages provided employees for business use

6 Dec - Australia: Tariff concession order applications, and addressing objections of local manufacturers

6 Dec - India: Treatment of tax withheld-at-source from e-commerce operations

6 Dec - New Zealand: Tax obligations of non-resident employers

6 Dec - Qatar: Preferential tax treatment requires compliance with economic substance regulations

1 Dec - Hong Kong: Update on proposal for e-filing of profits tax returns

1 Dec - Indonesia: Tax exemption available for dividend income

1 Dec - Vietnam: Guidance regarding medical devices and foreign exchange rules

November 2021

30 Nov - Japan: Overview of tax system

30 Nov - Malaysia: Guidance (FAQs) on estimated tax payments for all businesses, deferred tax instalments for SMEs

30 Nov - Papua New Guinea: Tax measures in budget 2022

26 Nov - Australia: ATO not to extend approach to permanent establishments (COVID-19)

24 Nov - India: Agreement with United States regarding “equalization levy” (digital services tax)

24 Nov - Malaysia: Revised Labuan business activity tax requirements

24 Nov - Saudi Arabia: Measures regarding e-invoicing under VAT implementation rules

23 Nov - Taiwan: Pre-approval process for beneficial withholding tax rate under income tax treaty with Luxembourg

23 Nov - UAE: Procedure for requesting penalty reconsideration

22 Nov - India: Effects of GST returns and portal; incentives for automobile production

22 Nov - Kazakhstan: Extension of “pilot project” regarding consignment notes for goods

18 Nov - Bahrain: Status of planned increase to VAT rate

18 Nov - Malaysia: Tax on foreign-source income remittance

17 Nov - Japan: Electronic recordkeeping requirements, performance-linked compensation measures under 2021 tax reform

16 Nov - Singapore: GST zero-rating for sales of exported goods

15 Nov - Sri Lanka: Tax proposals in 2022 budget

12 Nov - China: Additional tax reporting requirements for ESOPs

12 Nov - India: Tax treatment of subscription fees for online databases and journals, tax treaty implications

11 Nov - Asia Pacific: Regional perspective on implementation of BEPS 2.0 as it relates to tax incentives

10 Nov - Bahrain: GCC e-platform intended to facilitate trade

10 Nov - Malaysia: Tax measures in Finance Bill 2021

10 Nov - UAE: Clarification to tax procedure rules regarding taxpayer objections and appeals

2 Nov - Vietnam: Draft decree regarding incentives to support industries

2 Nov - Vietnam: Proposed changes to rules governing intellectual property

2 Nov - Vietnam: Proposed changes to rules governing real estate transactions

1 Nov - Malaysia: Tax proposals in budget for 2022

1 Nov - Thailand: Automatic exchange of information (AEOI); actions by financial institutions expected beginning 2022

1 Nov - UAE: Tax procedural rules amended

1 Nov - Vietnam: Guidance regarding cross-border e-commerce activities; website registration rules

October 2021

28 Oct - Cambodia: Updated guidance on taxation of salary and fringe benefits

28 Oct - Saudi Arabia: Guidance regarding VAT and e-commerce transactions

27 Oct - UAE: Revised VAT rules regarding “designated zones” and goods sold via electronic platforms

26 Oct - Australia: Fuel tax credit; substantiation using GPS technology

26 Oct - Saudi Arabia: VAT and government contracts; amendments are generally effective 1 November 2021

25 Oct - Oman: VAT guide for real estate sector

22 Oct - Vietnam: Tax support measures for businesses and individuals (COVID-19)

21 Oct - India: Refund claims of GST by “special economic zone” unit

20 Oct - Australia: ATO guidance on preparing for GST assurance reviews

19 Oct - Australia: Status of legislation to implement a reporting regime for the "sharing economy"

19 Oct - Philippines: Tax treatment of payments to "social influencers"

18 Oct - Oman: VAT guide for “special zones”

15 Oct - Thailand: Digital tax coupons for use and application against customs duties and taxes

15 Oct - Vietnam: Exemptions, reduced rates of corporate income tax under special investment incentives

15 Oct - Vietnam: Taxation of e-commerce and digital-based transactions

14 Oct - India: Unused foreign tax credit; “fees for technical services” under Singapore tax treaty

13 Oct - Australia: Proposed expansion of tax treaty network

11 Oct - Singapore: GST administrative concession removed, recovery of overseas brokerage fees and costs

11 Oct - UAE: User guide for appeals under economic substance regulations

8 Oct - Thailand: Deduction of amounts paid for antigen test kits for employee testing (COVID-19)

7 Oct - Saudi Arabia: Draft VAT legislation proposes changes for e-invoicing

6 Oct - Bahrain: Proposal to increase VAT rate to 10%

6 Oct - Malaysia: Carbon tax part of plan to achieve net-zero carbon emission

6 Oct - Malaysia: Tourism tax on premises booked via digital platform service providers postponed to 2023

1 Oct - Oman: Taxpayers cautioned about business transactions with unregistered companies, establishments

1 Oct - Thailand: Control of “dual-use” items, weapons of mass destruction

September 2021

30 Sep - Hong Kong: Added to EU “grey list” for tax purposes

30 Sep - Vietnam: Proposals for tax relief measures in 2021 (COVID-19)

29 Sep - New Zealand: Update on “housing tax,” draft legislation released

28 Sep - Vietnam: Relief, support for employers and employees (COVID-19)

24 Sep - Cambodia: Environmental and social impact assessment for construction projects

24 Sep - Cambodia: VAT and e-commerce

24 Sep - Malaysia: Updated guidance on taxation of professional services, directors’ fees

23 Sep - Bahrain: FAQs on conciliation used to resolve VAT evasion cases

23 Sep - Pakistan: Legislation requires business payments to be made by “digital means”

22 Sep - Saudi Arabia: Merger of tax and customs authorities is completed

21 Sep - Qatar: Ultimate beneficial ownership requirements

20 Sep - Australia: Listed entities required to disclose JobKeeper payments (COVID-19)

20 Sep - Hong Kong: Taxation of share grants when subject to forfeiture provisions (court decision)

20 Sep - Singapore: Determining when certain machinery is excluded from property tax (court decision)

15 Sep - Cambodia: Naming convention of legal forms for enterprises

15 Sep - Cambodia: Online system for approval of imports by qualified investment projects, work permits

15 Sep - China: Local tax supplementing VAT and consumption tax

15 Sep - India: Rules for listed companies, independent director requirements

15 Sep - Vietnam: Corporate income tax incentives, taxpayers involved in certain activities

15 Sep - Vietnam: Guidance for businesses recovering and reopening operations (COVID-19)

14 Sep - Indonesia: Ratification of tax treaties with UAE and with Singapore

10 Sep - Australia: Tax measures in 2021-2022 budget (Western Australia)

9 Sep - New Zealand: Draft legislation proposes changes to GST and income tax

8 Sep - Bahrain: Possible introduction of corporate income tax

8 Sep - Thailand: Reduced withholding tax for payments made via e-withholding system extended through 2022

2 Sep - India: Indirect transfer-related provisions; due dates of electronic filing of forms extended

2 Sep - Malaysia: Study of special voluntary disclosure program for indirect tax

2 Sep - Qatar: Tax filing deadline for tax-exempt entities extended to 31 December 2021

1 Sep - Taiwan: Guidance on application of income tax treaties amended

1 Sep - Kazakhstan: “Pilot project” on electronic VAT invoicing exemption

August 2021

30 Aug - Kazakhstan: Amendments to tax law support business and entrepreneurial activities

30 Aug - Thailand: Reduction of VAT; extended tax deadlines and waiver or reduction of penalties (COVID-19)

26 Aug - Malaysia: Clarification of service tax exemption for hotels, accommodation operators (COVID-19)

25 Aug - Australia: Proposed reporting requirements for the "sharing economy"

23 Aug - India: Payments for use of online advertising, marketing, and IT facilities not taxable as royalties under tax treaties

23 Aug - Malaysia: One-month extension for filing tax returns for 2021

23 Aug - Thailand: VAT registration for providers of e-services and electronic platform operators

20 Aug - Indonesia: Tax deductibility of donations, social fund contributions made by taxpayers in mining sector

19 Aug - Malaysia: Tourism tax and digital platform service providers and accommodation premise operators

17 Aug - Australia: Corporate tax transparency data to be published

17 Aug - India: Activities constituting PE under tax treaty with Norway; treaty benefits on company’s re-domiciliation

17 Aug - Singapore: Updated GST guidance, treatment of termination expenses (COVID-19)

13 Aug - Singapore: Tax treatment of Singapore citizens and permanent residents working remotely (COVID-19)

13 Aug - Malaysia: Service tax and exemption for certain banking digital services

11 Aug - Australia: Legislation enacted, tax treatment of economic response payments (COVID-19)

11 Aug - Bahrain: Economic substance information returns due 31 August 2021

10 Aug - Qatar: Tax reporting by tax-exempt entities

9 Aug - Hong Kong: Guidance addresses tax residence, permanent establishment, cross-border employee issues (COVID-19)

6 Aug - Malaysia: Sales tax exemption

6 Aug - India: Capital gains on transfers of shares of foreign company; due dates for electronic filing extended

4 Aug - India: Long-term capital loss on sale of shares by foreign company allowed, not sham transaction

3 Aug - Australia: Common loss carryback errors identified

3 Aug - Cambodia: Certain business registrations require an accredited representative

2 Aug - Japan: Protocol to amend income tax treaty with Switzerland

July 2021

30 Jul - Pakistan: Sales tax and other indirect tax measures in provincial tax laws 2021 (Punjab, Khyber Pakhtunkhwa, Balochistan)

29 Jul - China: Income tax incentives for highly skilled employees, Greater Bay Area

28 Jul - Bahrain: VAT implications of commercial register “rental” arrangements

28 Jul - India: Reimbursed discount or rebate subject to GST; maintenance fees received by housing cooperative subject to GST

27 Jul - India: Advertisement and sales promotion, post-import activity and not includible in assessable value of imports (Supreme Court decision)

27 Jul - Kazakhstan: Tax measures in new environmental law

26 Jul - Japan: Certain overseas-held assets excluded from scope of inheritance tax, gift tax

23 Jul - Pakistan: Tax measures enacted in Finance Act, 2021

22 Jul - Pakistan: Expanded sales tax on services (Balochistan)

22 Jul - Malaysia: Extension of time, sales and services tax reporting (COVID-19)

21 Jul - China: Facilitating development of bonded refurbishment of medical equipment

20 Jul - Australia: Eligibility requirements for business grants (New South Wales) (COVID-19)

20 Jul - Hong Kong: Restricted shares issued under termination agreement not subject to salaries tax (court decision)

19 Jul - Bangladesh: Income tax, VAT measures in Finance Act 2021

14 Jul - India: Partnership assets transferred to partners; treaty rate on dividend distributions

13 Jul - Thailand: Guide regarding VAT and electronic services provided by non-residents

13 Jul - Vietnam: Relief measures for employers (COVID-19)

13 Jul - Vietnam: Update on tax treatment of e-commerce and digital transactions

12 Jul - Cambodia: Extensions of tax relief measures for certain industries, sectors (COVID-19)

8 Jul - Cambodia: Reminder to register for e-commerce license, permit

7 Jul - Japan: Updated FAQs providing tax-related guidance (COVID-19)

7 Jul - Malaysia: Updated FAQs on tax during recovery period (COVID-19)

6 Jul - Malaysia: No sales tax on certain duty-free purchases at international airports

6 Jul - Australia: Review of GST and low-value imported goods

6 Jul - Japan: Updated guidance (Q&As) under group relief system

6 Jul - Saudi Arabia: Rules of origin for imported goods

June 2021

30 Jun - Malaysia: Clarification of extended service tax relief for hotels, accommodation operators (COVID-19)

29 Jun - India: Tax deadlines further extended (COVID-19)

25 Jun - Australia: ATO revises guidance on tax treatment of software royalties

25 Jun - Thailand: Tax incentives to encourage personnel development, foreign investments

24 Jun - India: Write-off of foreign subsidiary investments; withholding tax rate under tax treaty with Switzerland

24 Jun - Singapore: Updated guidance, FAQs on income tax treatment of foreign exchange gains, losses

23 Jun - Australia: Land tax measures included in 2021 budget (South Australia)

23 Jun - Australia: Tax measures in 2021-2022 budget (New South Wales)

17 Jun - Malaysia: Sales tax exemption for certain petroleum sector goods

16 Jun - Australia: Employment incentive measures in 2021-2022 budget (Queensland)

16 Jun - Bahrain: Three-month extension for financial support initiatives (COVID-19)

15 Jun - Vietnam: Tax incentives for investments in industries

14 Jun - Pakistan: Tax measures in Finance Bill 2021

14 Jun - Thailand: Tax relief, transfers of secured property to financial institutions to repay loans or debts (COVID-19)

11 Jun - Thailand: Three-month reduction of social security rates (COVID-19)

10 Jun - New Zealand: Discussion document, consultation regarding “housing tax”

9 Jun - Asia Pacific: G7 consensus on international tax reforms, implications and considerations for the region

8 Jun - Singapore: Tax exemption for gains realised on disposals of shares extended, if not involving property development

8 Jun - Thailand: Monthly tax return filing, payment deadlines extended (COVID-19)

7 Jun - Japan: Requirements for electronic recordkeeping of tax-related books and records

7 Jun - Japan: Updated FAQs on tax treatment of working from home (COVID-19)

7 Jun - Saudi Arabia: Guidelines and standards for e-invoices

3 Jun - China: Guidance on corporate tax incentives for entities operating in Hainan free trade port

3 Jun - India: GST Council recommends reducing compliance burden

3 Jun - Qatar: Reminder of deadlines for tax returns for 2020

3 Jun - Malaysia: Penalty relief for late payment of GST; service tax exemption for joint development area

2 Jun - UAE: Amended companies law allowing 100% foreign ownership

1 Jun - UAE: Clarifications about tax penalty regime

1 Jun - Hong Kong: Subsidy grants to support establishment of open-ended fund companies and REITs

May 2021

28 May - Bahrain: Economic substance returns, deadline extended to 31 July 2021

27 May - Singapore: Tax treatment of charitable donations when benefits received by donor

25 May - Oman: Second phase of mandatory VAT registration, due date of 31 May 2021

25 May - Saudi Arabia: Tax and customs authorities merge into single authority

24 May - Australia: Tax measures in 2021-2022 budget (Victoria)

24 May - Cambodia: Rules for compulsory and voluntary pension contributions

24 May - Japan: FAQs for nonresidents invoking withholding tax rates under income tax treaty

24 May - Sri Lanka: Income tax and VAT legislation measures

24 May - Thailand: Income tax, VAT relief for donations of imported medicine and medical supplies (COVID-19)

24 May - Thailand: Tax benefits extended, promoting digital transformation of SMEs

20 May - India: Amendments to GST refund rules and procedures

20 May - India: Overhaul of tax audit process with “faceless assessments”

20 May - New Zealand: Budget 2021

18 May - Japan: Information about carried interest distributions, to be filed with individual income tax returns

17 May - UAE: Guideline allows for facilitated movement of goods between GCC countries

12 May - Australia: Individual income tax measures in federal budget 2021

12 May - Australia: Summary of certain business tax measures in federal budget

11 May - Australia: Tax provisions in federal budget

11 May - Kazakhstan: Program allowing deferral and installment payments of corporate income tax and property tax

10 May - India: Thresholds for significant economic presence; tax treaty rate applicable; tax withholding at source on share transfers

10 May - UAE: Tax-related penalty regime revised

7 May - Bahrain: New electronic filing requirement for economic substance returns

6 May - China: R&D 75% “super deduction” extended, increased to 100% for manufacturers

6 May - Thailand: Extended deadline for corporate income tax return filing, payment (COVID-19)

5 May - Philippines: Updated guidelines for tax treaty relief

4 May - Hong Kong: Tax incentives include 0% tax rate for “carried interest”

4 May - India: Tax treatment of items under income tax treaties with Singapore and the Netherlands

4 May - New Zealand: Budget 2021 expected 20 May 2021

3 May - UAE: VAT refunds for business visitors; refund opportunities

April 2021

30 Apr - Oman: Tax relief extended for 2020 (COVID-19)

29 Apr - India: Tax-related deadlines further extended to 30 June 2021 (COVID-19)

29 Apr - Saudi Arabia: Force of attraction rules in relation to permanent establishments

28 Apr - Cambodia: Extension of deadline for renewing foreign work permits (COVID-19)

27 Apr - Bangladesh: Guidance simplifying procedures for paying royalties and technical fees

26 Apr - Japan: Guidance on tax treatment of carried interest

22 Apr - Australia: Guideline on imported mismatch rule and compliance measures

21 Apr - India: Tax exemption of pension fund income from certain investments

20 Apr - Cambodia: VAT and e-commerce transactions

16 Apr - Kazakhstan: Electronic sales by foreign entities via internet subject to VAT beginning in 2022

16 Apr - Singapore: Guidelines for tax treatment of transactions involving digital tokens

13 Apr - Pakistan: Implications of MLI on income tax treaties

12 Apr - Japan: Requests by taxpayers for extended tax return, payment due dates (COVID-19)

12 Apr - New Zealand: Interest deductions for residential landlords, revised tax treatment

8 Apr - Hong Kong: Reduced tax rate for insurance sector

8 Apr - UAE: Consolidated export verification report process, expedited VAT refunds

7 Apr - UAE: Dubai Customs extends “grace period” for submitting customs declarations (COVID-19)

7 Apr - UAE: Removal from U.S. list of countries cooperating with international boycott

7 Apr - Hong Kong: Proposed changes regarding deductions for foreign taxes paid

7 Apr - Malaysia: Tourism tax postponed, digital platform service providers

7 Apr - Australia: New measures concerning casual employment; action steps for employers

6 Apr - Australia: No further extension of financial reporting deadlines (COVID-19)

6 Apr - Oman: Guidance concerning administrative tax disputes and VAT zero-rating for medicines

5 Apr - Bahrain: New information about excise tax and foreign-relations tax on updated website

5 Apr - India: Amendments to Finance Bill, 2021

5 Apr - India: Reimbursement of expenditures involving Singapore company; income tax benefits to funds under Netherlands tax treaty 

5 Apr - Malaysia: Tourism tax regulations address digital platforms

5 Apr - Saudi Arabia: Regulations to implement tax benefits in special economic zone

1 Apr - Australia: Guidance on claiming temporary full expensing and loss carryback

1 Apr - Australia: Synthesised text of income tax treaty with Indonesia

1 Apr - Japan: Updated FAQs about tax relief measures (COVID-19)

March 2021

29 Mar - Australia: R&D tax incentive (Full Federal Court)

29 Mar - Japan: Update on 2021 tax reform legislation

29 Mar - Kuwait: “No objection letters” regarding tax compliance of foreign lenders

29 Mar - Pakistan: Income tax measures in “mini budget”

29 Mar - Qatar: Extended deadline for entities not subject to income tax (COVID-19)

29 Mar - Saudi Arabia: Consultation on e-invoicing proposal

29 Mar - Saudi Arabia: Deferral of customs duty for 21-day period after importation

26 Mar - India: Process for determining tax, payments made to non-residents; bank’s intangible asset eligible for amortisation

24 Mar - Qatar: Extended deadline for income tax returns, tax payments for 2020 (COVID-19)

23 Mar - New Zealand: Business tax measures and proposed tax changes to housing policy

22 Mar - Singapore: Tax treatment of termination payments made under separation agreement (High Court)

19 Mar - Singapore: GST changes in budget 2021

18 Mar - Australia: Fringe benefits tax return, instructions for 2021

18 Mar - Bahrain: Economic substance return due 31 March 2021

18 Mar - Fiji: Tax measures in 2020-2021 budget

18 Mar - India: Tax relief regarding residential status of individuals, extended tax deadlines (COVID-19)

18 Mar - Kuwait: Tax rules for foreign companies with income from franchise arrangements, license agreements

18 Mar - Saudi Arabia: Tax incentives for entities in logistics bonded zones

18 Mar - Malaysia: Tax incentives included in economic package to support businesses (COVID-19)

17 Mar - Malaysia: Digital platforms subject to tourism tax, effective July 2021

16 Mar - Australia: Tax treatment of working-from-home benefits; deductibility of JobKeeper repayments

15 Mar - Oman: Tax incentives included in economic stimulus plan (COVID-19)

11 Mar - Australia: Small business loan guarantee scheme extended; new tourism package announced (COVID-19)

11 Mar - India: Next phase for mandatory e-invoice issuance, beginning 1 April 2021

10 Mar - Hong Kong: Guidance on taxation of ship operators

8 Mar - New Zealand: Update on tax proposals regarding feasibility expenditures, purchase price allocation rules

8 Mar - Pakistan: Income and sales tax measures enacted

8 Mar - Saudi Arabia: VAT guidelines for e-commerce

5 Mar - Cambodia: Guidance on back pay in manufacturing sector

4 Mar - China: Preferential individual income tax treatment for bonus payments, equity-based incentives

4 Mar - India: Payment to foreign software manufacturers for resale or use not a royalty (Supreme Court decision)

4 Mar - Japan: Updated FAQs on corporate tax return, payment procedures (COVID-19)

3 Mar - Australia: JobKeeper payment scheme ends 28 March 2021 (COVID-19)

1 Mar - Malaysia: FAQs about tax deduction for landlords offering reduced rent (COVID-19)

1 Mar - Oman: Tax treaty with Sri Lanka, entry into force

February 2021

26 Feb - China: VAT essentials guide for 2021

26 Feb - New Zealand: Proposed changes to tax loss rules, introduction of business continuity test

25 Feb - Hong Kong: Tax measures in budget 2021-2022

24 Feb - China: Individual income tax filing procedures clarified

23 Feb - Cambodia: Rules for establishing, operating rubber processing facilities

23 Feb - Malaysia: Update, taxation of digital services by foreign service providers

22 Feb - Japan: Extended due date for individual income tax returns, payments (COVID-19)

18 Feb - China: Tax incentives for Beijing demonstration zone

17 Feb - Korea: Tax legislative amendments effective for 2021

17 Feb - Philippines: Lower tax rate, dividends paid to non-resident foreign corporations

17 Feb - Qatar: Reminder of 30 April deadline for tax returns filed by companies

17 Feb - Singapore: Tax measures in budget 2021

17 Feb - Thailand: VAT requirements for foreign providers of electronic services

17 Feb - UAE: VAT registration for sole proprietorships

16 Feb - Australia: Objections on hold as tax authority appeals JobKeeper case (COVID-19)

15 Feb - India: Tax treatment of support services, offshore supply of equipment under treaties with UK and France

10 Feb - Kazakhstan: Taxation of controlled foreign companies (CFCs)

8 Feb - Thailand: Changes to rules for writing off bad debts (COVID-19)

8 Feb - Thailand: Extended tax deadlines; reduced rates of taxes and social security contributions (COVID-19)

5 Feb - Cambodia: System for e-filing income tax returns; tax relief (COVID-19)

5 Feb - Japan: Extensions for individuals filing tax returns, paying taxes (COVID-19)

5 Feb - Kazakhstan: Clarification of tax exemption for dividends paid to non-residents

5 Feb - Philippines: Deductions for computing 5% gross income tax (COVID-19)

4 Feb - Australia: ATO guidance, presence of employees not creating permanent establishment (COVID-19)

2 Feb - India: Tax measures in Union Budget 2021-22

2 Feb - Bahrain: Tax treaty with Switzerland, other tax developments

2 Feb - Oman: VAT registration via online portal, open 1 February 2021

January 2021

29 Jan - Pakistan: Tax exemption on imports of plant, machinery, equipment withdrawn

29 Jan - UAE: Suspension of customs declarations expires 31 January 2021 (COVID-19)

27 Jan - UAE: Preparing for VAT annual input tax apportionment

27 Jan - Australia: Hybrid mismatch targeted integrity rule, final guidance

26 Jan - Bahrain: Updates to VAT general guide

26 Jan - India: Intersection of claims for foreign tax credit and tax treaties

26 Jan - Japan: Proposed amendments to electronic tax records preservation system

26 Jan - Qatar: VAT regime expected to be announced in 2021

26 Jan - Thailand: Tax measures supporting R&D, electronic tax systems, and e-filing

26 Jan - Saudi Arabia: Expanded exemptions from real estate transaction tax

25 Jan - Saudi Arabia: Penalty waiver extended for late-filed tax returns, late tax payments (COVID-19)

25 Jan - Malaysia: Relief package includes extended and expanded tax provisions (COVID-19)

25 Jan - Malaysia: FAQs on tourism tax and bookings via online platforms

25 Jan - Australia: Capital gains tax rollovers, implications for business restructuring

22 Jan - Australia: Businesses claiming JobKeeper payment into 2021

21 Jan - Qatar: Synthesized text of tax treaty with Slovenia

20 Jan - Philippines: VAT withholding on government payments, changes effective 2021

20 Jan - UAE: Additional time to comply with economic substance reporting

19 Jan - UAE: Temporary VAT rate of 0% for medical equipment (COVID-19)

19 Jan - Cambodia: Income tax treaty with Malaysia

19 Jan - Cambodia: Stamp tax on transfers of property, company shares

13 Jan - Bahrain: User fees for tax certificates, tax appeals

12 Jan - India: Services not taxable under treaty with Sweden; technical explanation of U.S. tax treaty not binding

11 Jan - Bahrain: VAT registrations must be updated for companies converting to “with limited liability”

11 Jan - UAE: Medical equipment zero-rated for VAT (COVID-19)

11 Jan - Thailand: Proposed single shareholder company regime

8 Jan - Cambodia: Extended deadline to file foreign manpower quota application for 2021

8 Jan - Hong Kong: Proposed changes to tax treatment of amalgamations and filing of returns

8 Jan - Thailand: Tax calendar for 2021

7 Jan - Hong Kong: Proposal for tax treatment of carried interest includes 0% tax rate

7 Jan - Oman: VAT rules and registration, effective date of 16 April 2021

5 Jan - Bahrain: Amended VAT place-of-supply rules for telecommunication services

5 Jan - Qatar: Review tax liabilities on tax administration portal (Dhareeba) before 14 January 2021

4 Jan - Malaysia: Indirect tax measures, Finance Act 2020

2020 Articles

December 2020

23 Dec - Japan: Updated FAQs and relief regarding tax returns and tax payments (COVID-19)

21 Dec - Japan: Tax reform proposals for 2021

21 Dec - Bahrain: Recoverable input VAT incurred on capital asset

21 Dec - Kazakhstan: Tax measures clarifying taxation of nonresidents, tax-free corporate transfers, application of treaty benefits

17 Dec - Australia: 2020-21 mid-year economic and fiscal outlook

17 Dec - Malaysia: Indirect tax bills presented to Parliament

17 Dec - Taiwan: Considerations to reduce withholding tax on cross-border service fees

16 Dec - Australia: ATO updated information on accelerated depreciation

16 Dec - Hong Kong: Guidance on tax concessions and incentives for ship leasing operations

15 Dec - Bangladesh: Overview of tax measures, including VAT and other changes made in 2020

15 Dec - India: Subsidiary of a foreign company constitutes permanent establishment; gifting of shares

11 Dec - Cambodia: Change to e-VAT refund system, effective 2021

11 Dec - India: Foreign bank’s taxable interest income; employee stock option discount as business expenditure

11 Dec - Saudi Arabia: Recovery of input VAT by real estate developers

11 Dec - Singapore: Changes to risk-based capital framework, taxation of insurers

10 Dec - Bahrain: VAT relief for construction and real estate sector

10 Dec - Vietnam: Guidance on VAT, mandatory e-invoicing delayed to 1 July 2022

10 Dec - Vietnam: Various decrees on corporate and individual income tax, foreign contractor tax, tax administration

7 Dec - Australia: Imputation benefits and use of derivative instruments in structured arrangements

7 Dec - Saudi Arabia: Regulations on e-invoicing and VAT

3 Dec - New Zealand: Proposal for an individual tax rate of 39%

3 Dec - Thailand: Tax relief measures for debt restructuring

1 Dec - Australia: Tax provisions in budget 2020-2021 (Queensland)

1 Dec - Saudi Arabia: Deadline of 31 December 2020 for waiver of penalties for tax return filings, payments 

November 2020

30 Nov - Hong Kong: Reduction of stamp tax (duty) on commercial property sales

30 Nov - India: Goodwill in amalgamation; deductions allowed in special economic zones

30 Nov - Japan: Overview of tax system

30 Nov - New Zealand: Inland Revenue enforces the residential “bright-line test”

25 Nov - Bahrain: VAT treatment of medical coverage provided by insurance companies to their employees

25 Nov - Malaysia: Tax audit framework for finance and insurance

25 Nov - Qatar: Mandatory “contract reporting” in new tax administration portal (Dhareeba)

24 Nov - Australia: Tax provisions in budget for 2020-2021 (Victoria)

20 Nov - Bangladesh: Tax provisions in budget 2021

20 Nov - Malaysia: Updated guides for sales tax and services tax

20 Nov - Myanmar: Withholding tax exemption, payments for services rendered by nonresidents

19 Nov - India: Financial assistance grants, incentives for manufacture of autos, pharmaceuticals, steel

18 Nov - Sri Lanka: Tax proposals in 2021 budget

18 Nov - Thailand: Income and expense recognition for financial businesses

18 Nov - UAE: VAT obligations of real estate management entities in Dubai

17 Nov - Australia: Tax measures in New South Wales budget for 2020-2021

13 Nov - India: Certain taxpayers must issue e-invoices beginning in 2021

12 Nov - Malaysia: Tax measures in budget for 2021

9 Nov - Australia: Updated R&D tax incentive guidance

9 Nov - Myanmar: Relief for company directors unable to comply with residence requirements (COVID-19)

5 Nov - Australia: Ordinary income and the arm’s length value of “uneconomic assets” (Full Federal Court decision)

2 Nov - Bahrain: Reimbursements subject to VAT and non-taxable disbursements

October 2020

30 Oct - Australia: R&D tax benefits “reloaded”

28 Oct - Oman: English translation of VAT law

27 Oct - Japan: Updated FAQs on tax treatment of certain employee situations (COVID-19)

27 Oct - Saudi Arabia: Services related to tangible goods subject to VAT at 15% rate

23 Oct - Cambodia: Capital gains tax, implementation delayed to 1 January 2022

23 Oct - GCC countries: Comparison of VAT regimes in Bahrain, Oman, Saudi Arabia, UAE

23 Oct - Qatar: New process for filing, paying withholding tax

23 Oct - UAE: Notifications, reports under economic substance regulations

22 Oct - Kazakhstan: Protocol to amend income tax treaty with Luxembourg

21 Oct - Turkey (Türkiye): MLI and tax treaty-related considerations for Turkish investors in the Netherlands

20 Oct - Hong Kong: IRS announces termination of United States-Hong Kong shipping agreement, effective 1 January 2021

20 Oct - India: Income from distribution rights, TV channels not taxable as royalty under U.S. tax treaty

20 Oct - Turkey (Türkiye): Amendment to customs regulation for certificates of origin

19 Oct - Hong Kong: Revised revenue recognition standard for tax purposes

19 Oct - Oman: VAT law is published; VAT implementing regulations expected before October 2021

15 Oct - Oman: Extension of relief for late payment of tax, late filing of returns (COVID-19)

14 Oct - Oman: VAT regime, effective date of April 2021

14 Oct - UAE: Beneficial ownership disclosure rules, increased transparency

14 Oct - UAE: Clarifications of VAT rules

9 Oct - Cambodia: Procedures for e-commerce licence or permit; e-commerce service providers and exemptions

9 Oct - Saudi Arabia: Details of real estate transaction tax

7 Oct - Oman: Removal from EU “blacklist” of non-cooperative jurisdictions

6 Oct - Australia: Tax provisions in 2020 federal budget

6 Oct - Malaysia: Sales tax exemption expansion

5 Oct - India: Tax withholding at rate of 1% on transactions with e-commerce operators

5 Oct - Saudi Arabia: Real estate transaction tax

5 Oct - Saudi Arabia: Tax amnesty through 31 December 2020 (COVID-19)

2 Oct - Japan: Revisions to Japanese group relief system, ministerial ordinances and cabinet orders

1 Oct - Myanmar: Tax credits, other tax relief measures (COVID-19)

1 Oct - Myanmar: Tax measures included in Union Tax Law

September 2020

30 Sep - Bahrain: Amendments to commercial companies law

30 Sep - Bahrain: VAT refund application form for non-resident businesses

30 Sep - Cambodia: Guidance on telecommunications company mergers and acquisitions

30 Sep - Oman: Update on proposed VAT measures

30 Sep - Australia: ATO guideline on working-from-home expenses (COVID-19)

29 Sep - Australia: Extended payroll tax relief in South Australia (COVID-19)

29 Sep - India: Tax deadline extensions included in legislation (COVID-19)

29 Sep - India: Guidelines selecting returns for “complete scrutiny” for FY 2020-2021

28 Sep - India: No permanent establishment found; minimum alternative tax on sale of asset

28 Sep - Malaysia: Service tax and disbursements vs. reimbursements

28 Sep - Saudi Arabia: Draft regulations on electronic invoicing

25 Sep - New Zealand: Tax policies of major political parties in 2020 election

24 Sep - Australia: Federal and state governments provide further relief (COVID-19)

23 Sep - Australia: Federal budget 2020 to be announced 6 October 2020

23 Sep - Cambodia: Delayed implementation of e-filing for monthly tax returns

23 Sep - Oman: Enacted income tax measures include AEOI amendments, tax residency provisions

23 Sep - Philippines: Proposed legislation for taxation of digital services

22 Sep - Qatar: Reminder, new tax system registration deadline is 30 September 2020

22 Sep - Vietnam: Corporate income tax, VAT, foreign contractor tax, and individual income tax developments

18 Sep - Thailand: VAT rate reduction, social security contribution rate reduction

14 Sep - Bahrain: VAT and transfers of going-concern; zero-rated VAT for expenses prior to building permit

14 Sep - Cambodia: Anti-money laundering rules; minimum wage for 2021

14 Sep - Saudi Arabia: Tax declarations, payments due by 30 September 2020 (COVID-19)

11 Sep - Korea: Tax amendments in pending legislation

10 Sep - Bahrain: VAT assessment process and appeals procedures (FAQs)

10 Sep - UAE: New economic substance regulations

10 Sep - Australia: Tax authorities review disclosures of international dealings for hybrid arrangements

9 Sep - Australia: ATO clarification of hybrid mismatch rules

9 Sep - China: Tax administration Q&As on permanent establishment and tax residence rules (COVID-19)

9 Sep - India: Tax treatment of payments made to foreign entities

8 Sep - Australia: JobKeeper payment not counted as part of aggregated turnover (COVID-19)

8 Sep - Australia: Land tax relief in South Australia, six-month extension (COVID-19)

8 Sep - Japan: Cabinet orders, local tax under Japanese group relief system

2 Sep - Cambodia: Capital gains tax effective 2021

1 Sep - Malaysia: Updated service tax policies reflect digital services tax measures

August 2020

31 Aug - India: Depreciation of goodwill for acquired business operations

28 Aug - Thailand: Tax relief for SMEs (COVID-19)

27 Aug - Cambodia: Updated procedures for taxpayer registration

26 Aug - Japan: Updated Q&As, group relief system under 2020 tax reform

26 Aug - UAE: VAT treatment of e-commerce sales

25 Aug - India: Security transfer tax on equity shares; service tax liability of banks

25 Aug - Singapore: GST legislative proposal

24 Aug - New Zealand: Employer tax update, displaced employees (COVID-19)

24 Aug - Australia: Guidance on proposed extension of JobKeeper program (COVID-19)

21 Aug - Australia: Treatment of car fringe benefits (COVID-19)

21 Aug - Taiwan: Tax considerations for investments in renewable energy

20 Aug - Malaysia: Guide on taxation of digital services by foreign service providers

19 Aug - Thailand: Additional 150% deduction for investments in new machinery, hotel renovations (COVID-19)

18 Aug - China: Individual income tax relief for new employees, interns

18 Aug - India: Data centre services not taxable as royalty under tax treaty with Singapore

14 Aug - Bahrain: Requirements to file economic substance returns

12 Aug - Philippines: Proposed legislation, taxation of digital economy

12 Aug - Australia: Trust liquidity issues, relief measures (COVID-19)

11 Aug - Australia: Year-end tax implications for managed funds, investors (COVID-19)

11 Aug - Myanmar: Electronic payments of corporate income, commercial taxes

11 Aug - Myanmar: Tax audit processes outlined by tax authority

10 Aug - Oman: Guidance regarding excise tax imposed on certain beverages, products

5 Aug - Turkey (Türkiye): VAT rate reductions for certain services (COVID-19)

5 Aug - Australia: Tax treatment of suspended loans, debt forgiveness (COVID-19)

3 Aug - Malaysia: Stamp tax, real property gains tax exemptions for certain residential property transfers (COVID-19)

3 Aug - Myanmar: Changes to commercial tax, income tax for 2019-2020

July 2020

31 Jul - Australia: ATO guidance on treatment of JobKeeper overpayments (COVID-19)

28 Jul - Australia: FAQs for “significant global entities” (COVID-19)

28 Jul - India: Treatment of web-related services, project office under tax treaties with United States and Korea

27 Jul - Saudi Arabia: Tax ruling requests, updated guidelines

27 Jul - Cambodia: Relief measures to support tourism sector (COVID-19)

24 Jul - Cambodia: Online system for SME applications for tax incentives

23 Jul - Australia: Government’s outlook for economy, fiscal update

23 Jul - Oman: Update on VAT

23 Jul - Singapore: Tax treatment of termination payments made under a separation agreement

22 Jul - India: Seconded employee did not create permanent establishment under tax treaty with Singapore

22 Jul - Malaysia: Amendment to final GST return due by 31 August 2020

21 Jul - Australia: Extension of and changes to JobKeeper program (COVID-19)

20 Jul - Bangladesh: Tax rate reduction proposals in 2020 budget

17 Jul - Japan: Special grace period for tax payments (COVID-19)

17 Jul - Indonesia: Guidance implementing VAT on offshore e-commerce transactions

16 Jul - China: Shenzhen incentives for highly skilled foreign individuals

15 Jul - Malaysia: Indirect tax exemptions described in FAQs

14 Jul - Australia: Tariff classification, differences between English and French versions of Harmonized Convention

14 Jul - India: Opportunity for taxpayers to validate electronically filed income tax returns

13 Jul - Oman: Postponed deadlines for tax returns, tax payments (COVID-19)

10 Jul - India: Tax withholding at source, other developments

9 Jul - Australia: Guidance on claiming working-from-home expenses (COVID-19)

7 Jul - Kuwait: Extended deadlines for business tax returns, payments (COVID-19)

6 Jul - Hong Kong: Tax incentives and ship leasing activities

6 Jul - Japan: Administrative guidance, individual income tax relief (COVID-19)

6 Jul - Japan: Ministerial ordinances, implementing Japanese group relief system

6 Jul - Kazakhstan: Legislation on taxation of digital sales

6 Jul - Oman: VAT expected in early 2021

6 Jul - Pakistan: Tax measures enacted in Finance Act 2020

2 Jul - Qatar: Mandatory taxpayer registration, new tax administration portal (Dhareeba)

1 Jul - Cambodia: One-year exemption, fees for tourism license renewal

1 Jul - Sri Lanka: Tax relief for SMEs (COVID-19)

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