Asia

Red tape is out. The Philippines Importer Accreditation 2026 update triples validity and lowers costs, making it easier than ever to trade in the Philippines.

The taxman is stepping back. New Philippines Fuel Tax Relief rules suspend levies on LPG and kerosene to help Filipinos fight 2026’s rising inflation.

Tax-free premiums are back. The CBDT’s new India Angel Tax guidelines provide a definitive list of exempt foreign jurisdictions to boost startup funding.

The “weekend migration” is almost over. India’s new Form 141 TDS replaces the 26QB/QC/QD/QE series, offering a unified portal for property and rent tax compliance.

Formal jobs wanted. The OECD recommends slashing the Türkiye Labor Tax Burden while linking retirement to life expectancy to modernize the Turkish economy.

Macroeconomic stability takes center stage. A deferral of the Philippines Fuel Excise Tax hike is likely after the ADB warned of slowing regional growth.

A major win for the cloud. The CTA has ruled that Philippines SaaS Withholding Tax on software subscriptions can be reduced to 0% under tax treaties.

Japan’s tech-focused tax breaks are now operational. The Japan Strategic Technology Tax Credit offers massive relief for semiconductor and green energy manufacturers.

International digital platforms get more time to prepare. Sri Lanka has officially moved the Sri Lanka Digital VAT start date to July 1, 2026.

The BIR is moving away from automatic domestic taxation. Discover how RMC 024-2026 reshapes the Philippines Cross-Border Tax landscape for global businesses.