×
More Information

Tax & Accounting

China Briefing

China Briefing

China Monthly Tax Brief: September 2026

10/09/2026

China's September 2026 tax brief include new VAT withholding obligations, a national tax penalty benchmark, export tax refund compliance guidance, and tax dispute reform proposals affecting foreign-invested enterprises.

China Briefing

Asia Transfer Pricing Brief: Q2 2026

10/08/2026

Q2 2026 transfer pricing updates from Singapore, Vietnam, and the UAE, covering SBC cost treatment, Decree 255, and Ministerial Decision 96/2026 for FIEs.

China Briefing

Tax Treaty Benefits Eligibility in China: Rising Scrutiny and Compliance Recommendations for Non-Resident Investors

10/05/2026

In this article, we explain why self-assessed withholding tax relief now comes with a sharper follow-up review and how to build a claim that holds up.

China Briefing

Offshore Tax Planning for Chinese HNWIs: Compliance Strategies in an Era of Global Transparency

10/02/2026

A 20 percent individual income tax regime for offshore trusts, a self-review call for 2022–2024 overseas income, and the end of the dividend exemption for foreign individuals have turned offshore wealth planning for Chinese HNWIs into a matter of structure, evidence, and deadlines – the first falling on October 22, 2026.

China Briefing

Digital Invoicing and Billing in China – Why Companies Should Start the Transition Now 

09/25/2026

As China's digital invoicing system continues to expand, businesses should understand its implications and how to prepare processes and systems for adoption. 

China Briefing

Hong Kong Profits Tax Filing Checklist for December Year-End Companies, Ahead of the 2 October E-Filing Deadline

09/22/2026

Hong Kong companies with a December 2025 year-end have until 2 October 2026 to file their Profits Tax Return electronically under the IRD's extended deadline. This checklist explains who qualifies, what documents to prepare, and how to avoid filing mistakes and penalties.

India Briefing

India Briefing

What Is Form 161 Under the Income Tax Rules 2026? CBDT Revises Penalty Waiver Application

10/09/2026

India’s Central Board of Direct Taxes (CBDT) has revised Form 161 under the Income Tax Rules 2026 for applicants seeking a tax penalty waiver under Section 440(2) of the Income Tax Act 2025. The revised form specifies the assessment, under-reported income, tax liability and payment details.

India Briefing

57th GST Council Meeting 2026 Recommends Changes to ITC, Refunds and GST Penalties

10/09/2026

India’s 57th Goods and Services (GST) Council meeting on 8 October has recommended several major GST reforms in 2026 to simplify registration, improve return filing and input tax credit (ITC) reconciliation, and revise penalty and enforcement provisions.

India Briefing

MSME Tax Audit in India: Final Form 3CD Season and What to Get Right Before Form 26 Arrives

10/08/2026

MSMEs in India, subject to tax audit, must meet enhanced Form 3CD reporting requirements for FY 2025-26, including disclosures under Clauses 22 and 26 for MSME payments and Section 43B. From FY 2026-27, tax audits transition to Form 26 under the Income Tax Act 2025.

India Briefing

Who Needs to File Form 26 in India? Tax Audit Rules, Thresholds and New Reporting Areas

10/07/2026

India’s Income Tax Act 2025 introduces Form 26 as the new consolidated tax audit report, replacing Forms 3CD, 3CA, and 3CB. The new framework restructures tax audit reporting, expands data-related disclosures, and changes how businesses prepare for tax audit.

India Briefing

India Income Tax Compliance: October 2026 Deadlines for Businesses & Investors

09/30/2026

The October 2026 income tax compliance calendar outlines key filing, payment, and reporting obligations for businesses, investors, and financial entities in India, including TDS/TCS, return of income, transfer pricing, etc.

India Briefing

Central Board of Direct Taxes Extends AY 2026-27 ITR Filing Deadline for Tax-Audit Cases

09/29/2026

India's Central Board of Direct Taxes (CBDT) has extended the AY 2026-27 ITR filing deadline by 21 days for specified taxpayers subject to tax audit, moving the deadline from 31 October to 21 November 2026.

Vietnam Briefing

Vietnam Briefing

Vietnam Tax Update: Tax Department Clarifies VAT Refund Risk Assessment

09/29/2026

Vietnam’s Tax Department has clarified when supplier and supply-chain risk alerts warrant further checks during VAT refund processing, and when eligible portions of a claim should proceed.

Vietnam Briefing

Vietnam’s Circular 38: What Foreign Investors Need to Know About Investment Capital Accounts

09/25/2026

Circular 38 changes Vietnam’s investment capital account rules. Review the implications for capital contributions, M&A payments and profit remittances.

Vietnam Briefing

Tax Obligations for Resident and Non-Resident Property Owners in Vietnam

09/23/2026

Foreign property owners in Vietnam, both resident and non-resident, are required to adhere to the same tax regulations as Vietnamese citizens.

Vietnam Briefing

What Happens to Tax Losses When a Vietnamese Company Is Acquired

09/22/2026

Learn how carried-forward tax losses are treated when acquiring a Vietnamese company, including share deals, asset purchases and restructuring risks.

Vietnam Briefing

Seven Common Tax and Compliance Mistakes Foreign-Invested Companies Make in Vietnam

09/16/2026

With major tax rules changing in 2026, companies should reassess legacy compliance processes and strengthen the evidence connecting their contracts, payments, accounting records, and tax filings.

Vietnam Briefing

New Electronic Invoicing Rules in Vietnam – What Businesses Need to Know

09/15/2026

Vietnam’s new e-invoicing framework affects invoice selection, sales-channel data, issuance timing and corrections. Here is a practical compliance guide for businesses.

ASEAN Briefing

ASEAN Briefing

Cambodia Introduces Tax Incentives for Government Securities Investors

10/06/2026

Cambodia introduces tax incentives for 2026 government securities, including lower withholding tax and exemptions for interest and capital gains.

ASEAN Briefing

How Should Foreign-Owned Companies Prepare for a Corporate Tax Audit in Indonesia?

10/02/2026

Prepare your foreign-owned company for a corporate tax audit in Indonesia with guidance on documentation, transfer pricing, and tax compliance.

ASEAN Briefing

How Are Dividends Paid to Foreign Shareholders Taxed in the Philippines?

10/01/2026

Foreign shareholders receiving dividends from Philippine companies may face different withholding tax rates depending on their status, tax treaty eligibility, and tax-sparing relief.

ASEAN Briefing

Which Investments Qualify for Tax Incentives Under the Philippines’ 2026–2028 SIPP?

10/01/2026

Find which investments qualify under the Philippines’ 2026–2028 SIPP and the tax incentives available to registered foreign investors.

ASEAN Briefing

How Should Foreign Companies File Corporate Income Tax Returns in Malaysia?

09/29/2026

Foreign companies in Malaysia must file annual corporate income tax returns. Find out the e-C deadlines, filing process, CP204, and MITRS requirements.

ASEAN Briefing

Can a Thailand Representative Office Operate Without Taxable Income?

09/25/2026

Find out when a Thailand representative office can operate without taxable income and which activities may create Thai tax exposure.

Our firm Dezan Shira & Associates provides legal, tax and operational advisory across Asia.
CONTACT OUR PROFESSIONALS HERE
Never miss an update
Back to top