01 January 2026

2025 Year in Review | Tax Alerts: Asia

Africa | Americas | Asia | Europe | Middle East
Oceania | International Organizations

This year in review lists all EY Tax Alerts concerning significant developments in Asia during 2025.

 
Azerbaijan
04.30.2025Azerbaijan to require VAT registration for nonresident entities providing digital services to individuals (2025-0969)
China
08.20.2025China | Draft VAT Implementation Regulations released — One step closer to VAT law implementation (2025-1729)
07.08.2025Mainland China announces tax credit policy for foreign investors making direct reinvestments (2025-1404)
07.08.2025China | Offshore internet platforms now subject to tax reporting requirements (2025-1405)
01.06.2025China officially enacts VAT law, ushering in a new era of tax governance (2025-0133)
Hong Kong
06.09.2025Hong Kong enacts law on BEPS 2.0 Pillar Two (2025-1223)
06.09.2025Hong Kong enacts law for inward company re-domiciliation (2025-1224)
04.25.2025Hong Kong proposes favorable amendments to BEPS 2.0 Pillar Two bill (2025-0942)
03.05.2025Hong Kong announces 2025-26 Budget proposing favorable tax measures for specific sectors (2025-0611)
01.23.2025Hong Kong publishes draft legislation on BEPS 2.0 Pillar Two (2025-0311)
01.17.2025Hong Kong publishes draft legislation for inward company re-domiciliation (2025-0267)
India
02.03.2025India releases Union Budget 2025 (2025-0389)
01.24.2025India tax administration issues guidance on application of Principal Purpose Test (2025-0315)
Indonesia
01.28.2025Indonesia's Ministry of Finance issues regulation to implement BEPS 2.0 Pillar Two (2025-0342)
Japan
07.31.2025Japan National Tax Agency releases guidance on Amount B (2025-1630)
04.11.2025Japan | 2025 Tax Reform for corporate and international taxation (2025-0867)
02.06.2025Japan to increase fees for several immigration applications (2025-0410)
Korea
08.06.2025Korea announces 2025 tax reform proposals (2025-1662)
01.10.2025Korea enacts 2025 tax reform bill (2025-0206)
Macau
02.03.2025Macau promulgates new tax law with rules on transfer pricing, tax agents and limitations periods (2025-0387)
Pakistan
08.11.2025Pakistan Finance Act, 2025 makes significant amendments (2025-1675)
05.06.2025Pakistan introduces amendments to enhance immediate tax recovery and business oversight (2025-0990)
04.30.2025Pakistan extends scope of electronic invoicing to corporate and noncorporate registered persons (2025-0968)
01.31.2025Pakistan amends sales tax rules for implementation of electronic invoicing (2025-0376)
01.30.2025Pakistan to require details on goods' value and quantity in monthly sales tax returns (2025-0358)
Philippines
01.27.2025Philippines issues implementing rules for VAT on Digital Services Law (2025-0331)
Singapore
09.18.2025Singapore releases subsidiary legislation for Refundable Investment Credit (2025-1885)
02.20.2025Singapore announces its FY 2025 Budget Statement (2025-0525)
Taiwan
10.03.2025Taiwanese Government issues 'Directions for the Levy of Business Tax on Individuals who Regularly Publish Creative or Informational Content Online' (2025-2008)
07.25.2025Taiwan | Merger presents potential for withholding tax reclaim by foreign institutional investors (2025-1584)
04.16.2025Taiwan issues amendment to extend application period for refunds under income tax treaties (2025-0914)
02.05.2025Taiwan proposes draft amendment to extend application period for reclaims under income tax treaties (2025-0402)
Thailand
02.07.2025Thailand set to implement carbon tax on oil and petroleum products (2025-0433)
01.03.2025Thailand enacts Top-up Tax Emergency Decree to implement BEPS 2.0 Pillar Two (2025-0119)
Turkiye
12.15.2025Turkiye extends through 2030 availability of temporary Article 67 on taxation of marketable securities and derivatives (2025-2508)
12.02.2025Turkiye extends Qualified Domestic Minimum Top-Up Tax filing and payment deadlines and releases QDMTT return format for testing (2025-2400)
11.25.2025Turkiye proposes amendments to Social Security legislation affecting employer costs (2025-2362)
10.03.2025Turkiye issues Draft General Communique on Local and Global Minimum Top-Up Corporation Tax (Pillar Two) (2025-2012)
09.29.2025Turkiye removes additional tariffs on US, China and introduces new blanket tariffs for motor cars (2025-1957)
07.30.2025Turkiye Ministry of Labor and Social Security increases planned workplace inspections with potential for penalties (2025-1621)
07.28.2025Turkiye increases Special Consumption Tax rates for electrical vehicles (2025-1600)
05.16.2025Turkiye extends application of 0% withholding tax on income/gains from government bonds, treasury bonds and certain lease certificates (2025-1078)
03.27.2025Turkiye announces decision not to implement Amount B under Pillar One (2025-0772)
02.06.2025Turkiye updates the withholding rates on several income sources (2025-0416)
01.31.2025Turkiye amends regulation on utilization of foreign loans (2025-0370)
01.07.2025Turkiye determines withholding tax rates on payments for electronic commerce activities (2025-0159)
01.06.2025Turkiye increases withholding tax rate on dividend distributions from 10% to 15% (2025-0134)
Uzbekistan
01.16.2025Uzbekistan tax authorities sending VAT notices to nonresident companies that provide digital services to B2C clients in Uzbekistan (2025-0247)
Vietnam
09.08.2025Vietnam publishes Decree guiding implementation of top-up Corporate Income Tax (2025-1816)
07.15.2025Vietnam passes new corporate income tax law (2025-1475)
06.27.2025Vietnam passes key amendments to streamline trade and customs rules (2025-1368)
06.24.2025Vietnam promulgates decree on tax administration for business activities on e-commerce and digital platforms of households and individuals (2025-1337)
01.10.2025Vietnam enacts Decree on establishment, management and use of Investment Support Fund (2025-0205)

Document ID: 2026-0013