The Cambodia Accounting and Auditing Regulator (ACAR) issued Notification No. 040/25 on 23 December 2025 to inform enterprises and not-for-profit organizations of their obligations to submit financial ...

Many of the advance ruling summaries published by the Inland Revenue Authority of Singapore (IRAS) for corporate income tax purposes underscore that a multi-factorial analysis, often referred to as ...

Guernsey’s Policy & Resources Committee has published its “Tax Reform 2026” Policy Letter, asking the States of Guernsey to approve a package of tax reforms, with enabling legislation to follow. These ...

In January 2026, the Royal Malaysian Customs Department (RMCD) issued amended service tax policies and additional guidance relevant to rental or leasing services and construction work services. The ...

Three acts (the Finance Act 2024; Measures for the Collection, Administration and Enforcement of Tax Act 2024; and Labuan Business Activity Tax (Amendment) (No. 2) Act 2024) providing the legislative ...

Deloitte’s 2026 Global Tax Policy Survey: The rising tide of tax complexity finds that, as global tax policy gets more complex, it is reshaping how multinationals think and operate. Drawing on ...

On 25 November 2025, the OECD announced the release of the seventh edition of Corporate Tax Statistics, including a publication and database that provide information on corporate taxation, the ...

A recent judgment from Italy’s first instance tax court of Milan (No. 292/1/26, issued on 22 January 2026) provides important guidance on the application of the Italian digital services tax (DST) to ...

On 16 January 2025, the Philippine Bureau of Internal Revenue (BIR) published Revenue Regulations (RR) No. 003-2025, implementing the provisions of Republic Act No. 12023, which imposes VAT on the ...

RMC No. 5-2024 lists examples of cross-border services, such as consulting services, information technology outsourcing, financial services, telecommunications, engineering and construction, education ...

The key takeaways from PR 1/2026 are described below. Sources of foreign currency exchange rates approved in PR 1/2026 Prior to PR 1/2026, the RMCD had indicated through meetings with professional ...

As announced in the Singapore Budget 2025, as from the year of assessment (YA) 2026 (i.e., for the financial year (FY) ended or ending in 2025), companies will be allowed to claim a tax deduction on ...