International Tax Asia Pacific September 2025
This e-newsletter gives you an overview of international tax developments being reported globally by KPMG member firms in the Asia Pacific Regions between 1 September and 30 September 2025.
For a full summary of global tax developments, visit kpmg.com/TaxNewsFlash.
To contact the International Tax Team email internationaltax@kpmg.com.
To register for the International Tax webcasts, click here.
Australia
Australia | |||
Administrative and case law | Income tax | 25 September 2025 | Final compliance guideline on capital raised for purpose of funding franked distributions. Read more. |
Proposed legislation | Income tax | 16 September 2025 | Consultation on draft regulations for critical mineral processing tax incentive. Read more. |
Proposed legislation | Indirect tax | 11 September 2025 | Draft legislation on Goods and Services Tax (GST) treatment of copyright owners, multimedia products. Read more. |
Proposed legislation | Various tax topics | 10 September 2025 | Draft legislation extending build-to-rent tax concessions (New South Wales). Read more. |
Bahrain
Bahrain | |||
Tax legislation approved and regulatory update | Indirect tax | 22 September 2025 | Updated Value Added Tax (VAT) registration guide. Read more. |
Tax legislation approved and regulatory update | Indirect tax | 15 September 2025 | Updated transportation Value Added Tax (VAT) guide. Read more. |
| Tax legislation approved and regulatory update | BEPS Pillar 2 | 11 September 2025 | Overview of guidance on domestic minimum top-up tax (DMTT). Read more. |
Fiji
Fiji | |||
Proposed legislation | Various tax topics | 28 August 2025 | Proposed tax measures in 2025-2026 National Budget Summary. Read more. |
India
India | |||
Administrative and case law | Income tax | 30 September 2025 | Unabsorbed depreciation carried over may be used even if no business activity in later tax year (tribunal decision) & other direct and indirect tax developments. Read more. |
Administrative and case law | Treaties | 17 September 2025 | Leased aircraft does not create permanent establishment (PE) in India under India-Ireland treaty (tribunal decision). Read more. |
Proposed legislation | Indirect tax | 04 September 2025 | Recommendations of Goods and Services Tax (GST) Council meeting. Read more. |
KPMG publication | Various tax topics | 03 September 2025 | Capital gains from transfer of derivatives not taxable under India-Mauritius treaty and seconded employees did not create permanent establishment (PE) in India (court decisions). Read more. |
Administrative and case law | Income tax | 02 September 2025 | General anti-abuse rule (GAAR) did not apply to taxpayer’s capital loss (High Court decision). Read more. |
Indonesia
Indonesia | |||
Tax legislation approved and regulatory update | Income tax | 29 September 2025 | Income tax withholding obligations for e-commerce platforms and online marketplaces. Read more. |
Kazakhstan
Kazakhstan | |||
Tax legislation approved and regulatory update | Various tax topics | 15 September 2025 | Changes to definitions, legal principles under new Tax Code. Read more. |
| Tax legislation approved and regulatory update | Indirect tax | 04 September 2025 | Reduction in scope of Value Added Tax (VAT)-exempt transactions. Read more. |
Kuwait
Kuwait | |||
Tax legislation approved and regulatory update | BEPS Pillar 2 | 29 September 2025 | Electronic registration service for companies subject to domestic minimum top-up tax (DMTT) launched. Read more. |
New Zealand
New Zealand | |||
KPMG publication | Transfer Pricing | 08 September 2025 | Global Transfer Pricing Review. Read more. |
Saudi Arabia
Saudi Arabia | |||
Tax legislation approved and regulatory update | Various tax topics | 15 September 2025 | Implementing regulations under amendments to “White Land Tax”. Read more. |
Singapore
Singapore | |||
Tax legislation approved and regulatory update | Various tax topics | 29 September 2025 | Guidance on stamp additional conveyance duties on property-holding entities. Read more. |
South Korea
South Korea | |||
Administrative and case law | Treaties | 30 September 2025 | Royalties from patents not registered in Korea may be subject to tax in Korea under U.S. treaty (Supreme Court decision) & other tax developments. Read more. |
Sri Lanka
Sri Lanka | |||
Tax legislation approved and regulatory update | Various tax topics | 22 September 2025 | Guidance on tax exemptions and incentives for businesses of strategic importance (BSI) in Colombo Port City. Read more. |
| Administrative and case law | Tax compliance | 17 September 2025 | Taxpayers must verify tax credits relating to payments made via the alternative tax payment system (ATPS) during 2020 and 2021. Read more. |
| Tax legislation approved and regulatory update | Indirect tax | 09 September 2025 | Postponed implementation of Value Added Tax (VAT) rules for supply of services by nonresident through electronic platforms. Read more. |
United Arab Emirates
United Arab Emirates | |||
Tax legislation approved and regulatory update | BEPS Pillar 2 | 24 September 2025 | Updated rules for qualifying free zone taxpayers. Read more. |
| Tax legislation approved and regulatory update | Income tax | 16 September 2025 | Temporary reduction in share listing condition for real estate investment trust (REIT) exemption & expanded scope of corporate tax exemption for certain foreign entities. Read more. |
| Tax legislation approved and regulatory update | Indirect tax | 16 September 2025 | Simplified documentation requirements for Value Added Tax (VAT) recovery on imported services. Read more. |
| Tax legislation approved and regulatory update | Indirect tax | 16 September 2025 | Procedures for shortages of excise goods in designated zones. Read more. |
Uzbekistan
Uzbekistan | |||
Tax legislation approved and regulatory update | Indirect tax | 16 September 2025 | Value Added Tax (VAT) refund for livestock and poultry farmers. Read more. |
| Tax legislation approved and regulatory update | Various tax topics | 08 September 2025 | Legislation allowing offset of overpaid taxes against other tax types passed by Senate. Read more. |
Vietnam
Vietnam | |||
Tax legislation approved and regulatory update | Various tax topics | 26 September 2025 | Tax incentives available under new international financial centers regime. Read more. |
| Tax legislation approved and regulatory update | BEPS Pillar 2 | 04 September 2025 | Guidance on implementation of Pillar Two rules. Read more. |
