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ARTICLE · 01 MARCH 2026

Asia Tax Bulletin - Spring 2026

Mayer Brown
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This comprehensive bulletin examines recent tax developments across Asia, including China's VAT reforms, India's controversial Supreme Court ruling on treaty protection, Japan's 2026 tax reform package...

GlobalTax
Pieter De Ridder
Pieter De Ridder
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We are pleased to present to you the Spring 2026 edition of the Asia Tax Bulletin. This edition contains a variety of recent development topics in Southeast Asia. Of special interest might be the recent case law in India on anti avoidance, where the Supreme Court ruled, controversially, that the grandfathering provision in the domestic tax law (which denies the Indian tax authorities the right to apply the general anti avoidance rule on transactions which occurred prior to 1 April 2017) did not apply in this case because it was an anti avoidance case. This created widespread confusion and consternation with many foreign investors and the Indian tax authority subsequently issued a circular to clarify that the grandfathering provision does indeed apply to pre-1 April 2017 transactions in shares of Indian companies.

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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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