Consistent with the OECD framework, the IRD will also be participating in automatic exchange mechanisms designed to facilitate the exchange of CbCRs between countries.

For Dutch companies expanding into Asia, the Netherlands–Hong Kong corporate structure is a well-established framework.

Thailand introduced a VAT on foreign ecommerce operators and is encouraging foreign talent to relocate to Thailand by offering attractive tax benefits.

The winter months have seen a range of significant measures in tax legislation, from tax incentives for foreign investment and various measures to promote the technology sector to building on earlier measures to increase tax collections.

Australia in its 2016/17 Budget announced that the company tax rate for all companies will decrease from 30% to 25% over the next 10 years beginning with the year 2016-17.

Recent months have seen a move toward rationalisation and clarification in many countries' tax legislation, as well as measures to boost investment in the information economy

The past few months have witnessed a number of important tax changes, which are included in this edition of the Bulletin.

Before you is the Summer 2023 edition of the Asia Tax Bulletin with a diverse range of tax matters that have changed.

Investors often set up their investment structure in offshore jurisdictions such as the British Virgin Islands and Cayman Islands.

The unprecedented change in the economic environment following the outbreak of COVID-19 has given rise to new restrictions imposed by governments around the world...

According to the <China Advance Pricing Agreement Annual Report (2024)> ("APA Annual Report"), the Chinese tax authorities signed 39 APAs in 2024, including 12 unilateral APAs and 27 bilateral APAs.

In August 2015, the Organisation for Economic Co-operation and Development (OECD) published the first edition of the Common Reporting Standard (CRS) Implementation Handbook...

Welcome to issue 39 [2016] of Weekly Alert covering technical development in taxation around the globe.

Welcome to issue 35 [2016] of Weekly Alert covering technical development in taxation around the globe.

If you are moving or trading goods across borders, this topic should be of primary importance from both a Transfer Pricing and Customs perspective.

A recent Court of Final Appeal decision puts to rest the question of whether a director who signs off on incorrect tax returns for a company taxpayer is personally liable in the stead of the company.

A milestone in Hong Kong tax laws, the Inland Revenue (Amendment) (No 6) Ordinance 2018 introduces a formal transfer pricing regime.

Hong Kong is tipped to become the world's largest offshore corporate services centre by 2020...

Further to the implementation of the three-tier transfer pricing ("TP") documentation rules in Hong Kong, many multinational enterprises ("MNEs") are working with their TP specialists to fulfil...

On 21 October 2005, SAFE issued a new circular on "Relevant Issues Concerning Foreign Exchange Control on Domestic Residents' Corporate Financing and Roundtrip Investment Through Offshore Special Purpose Vehicles" ("Circular 75"), effective 1 November 2005.