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Asia Tax Bulletin: Autumn 2022

China, Hong Kong, India, Indonesia, Japan, Malaysia, Philippines, Thailand - October 20 2022 The State Taxation Administration Bureau of Guangdong Province issued a notice announcing the implementation of Circular of the Ministry of Finance…

Asia Tax Bulletin Summer 2022

China, Hong Kong, India, Indonesia, Japan, Malaysia, Philippines, Singapore, Taiwan, Thailand - July 21 2022 The times are changing. Due to pressure from the European Union, Hong Kong has issued the framework of how it proposes to change its long-cherished…

Hong Kong’s Foreign Income Tax Reform

Hong Kong - June 27 2022 Due to pressure from the European Union, the Hong Kong Government is proposing to change the offshore tax regime for the taxation of foreign…

Asia Tax Bulletin - Winter 2021/22

China, Hong Kong, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam - January 27 2022 At the State Council Executive Meeting on 27 October, it was decided that China will extend its tax exemption on bond interest for foreign investors…

Asia Tax Bulletin - Summer 2021

China, Hong Kong, India, Indonesia, Japan, Malaysia, Philippines, Singapore, Taiwan, Thailand - July 23 2021 On 26 April 2021, China's State Administration of Foreign Exchange (SAFE) and State Taxation Administration (SAT) jointly issued a draft supplemental…