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ARTICLE · 11 APRIL 2025

Asia Tax Bulletin - Spring 2025

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It is Spring-time, so here is the Spring edition of our Asia Tax Bulletin with the latest news on tax developments in Asia.

GlobalTax

It is Spring-time, so here is the Spring edition of our Asia Tax Bulletin with the latest news on tax developments in Asia. A number of jurisdictions in this part of the world have issued their government budgets for the year, which is featured in this edition as well as ongoing developments relating to the global minimum tax, better known as Pillar 2. Most Asian countries in the Far East of Asia have now adopted the Pillar 2 rules, with the PRC and India being notable exceptions. 

We hope and trust you will find something of interest in this edition and as always encourage you to let us know if you have any questions or if there are topics you would like us to address in our future editions.

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This Mayer Brown article provides information and comments on legal issues and developments of interest. The foregoing is not a comprehensive treatment of the subject matter covered and is not intended to provide legal advice. Readers should seek specific legal advice before taking any action with respect to the matters discussed herein.

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