On 24 July 2026, China’s Ministry of Finance (MOF) and State Taxation Administration (STA) issued the Bulletin on Individual Income Tax Matters Regarding Offshore Trusts (MOF and STA Bulletin [2026] ...

July 2026 submission of the list of buyers of sugar, together with a copy of the certificate of advance payment of VAT made by each buyer appearing in the list by a sugar cooperative July 2026 ...

On 4 August 2026, the Korea (ROK) Ministry of Economy and Finance announced its proposed 2026 Tax Revision Bill (the “bill”), which focuses on (i) supporting a rebound in Korea’s potential growth rate ...

At Malaysia’s House of Representatives (Dewan Rakyat) on 7 July 2026, the prime minister announced the e-Invoice Special Voluntary Disclosure Programme (SVDP), which is effective immediately and will ...

In the 2026-27 Australian Federal Budget, the government announced that as from 1 July 2028, trustees will pay a minimum tax of 30% on the taxable income of discretionary trusts. On 8 July 2026, ...

The Local Tax Act provides that acquisition tax should generally be imposed on a person who originally acquires or succeeds to the acquisition of real estate, motor vehicles, heavy equipment, and ...

New Zealand's Inland Revenue has released its kilometer (km) rates for the 2026 income year. Given recent increases in fuel prices and broader cost pressures, the update is likely to be particularly ...

The Royal Malaysian Customs Department (RMCD) has issued an updated guide on completing the SST-02 return (manual submission/amendment) dated 31 May 2026 (available in the Bahasa Malaysia language ...

The Philippine Bureau of Internal Revenue (BIR) on 2 June 2026 issued Revenue Memorandum Circular (RMC) No. 059-2026 providing additional guidelines to clarify and address certain issues arising from ...

The OECD/G20 Inclusive Framework on BEPS (“inclusive framework”) published Guidance on the Use of the GIR XML Schema and Validation Rules for First GIR Filings and Exchanges in relation to the Pillar ...

On 1 June 2026, the OECD published a public consultation document, Special Considerations for Intra-group Services, on potential revisions to chapter VII of the OECD Transfer Pricing Guidelines for ...

On 28 May 2026, the Australian government introduced Treasury Laws Amendment (Tax Reform No. 1) Bill 2026. Relevant to property funds, the bill introduces legislation to implement the Federal Budget ...