Malaysia's Budget 2027 Lifts Tax Relief to RM12,000, Cuts Rates for Middle Earners
Tax on RM100,000 of chargeable income would fall RM840 a year from 2027, while a 30% top rate from RM1 million could add RM18,300 to the biggest bills.
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India's Tax Audit Deadline Passes; Audited Businesses Have Until Nov. 21 to File Returns
The Income Tax Department chased about 12,000 tax professionals before the Oct. 21 cutoff, with more than 19.5 lakh audit reports already filed.
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Japan's Bill to Cut Food Consumption Tax to 1% Nears Lower House Vote, With Worker Benefits
The ruling LDP wants the bill through the lower house this week, alongside a cash benefit of about 5,000 yen a year for low-income workers.
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Hong Kong Signs 61st Tax Treaty, With Laos, Halving Withholding on Interest to 5%
The pact, Hong Kong's sixth this year, also trims Laos' dividend tax for Hong Kong residents and gives the city tax treaties with seven ASEAN members.
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Australia's Tax Return Deadline Passes; ATO Fines Late Self-Filers Up to A$1,820
The ATO's Nov. 2 cutoff for people filing their own 2025-26 returns has closed. Fines rise every 28 days, and tax bills fall due Nov. 21.
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Philippine Freelancers Face Nov. 16 BIR Deadline for Third-Quarter 1701Q Income Tax
Self-employed Filipinos and professionals must file and pay third-quarter income tax by Monday, Nov. 16. The choice between the 8% rate and graduated rates shapes the bill.
- TaxExplainer
India's Dec. 31 Deadline for Belated Tax Returns, and a New Fee to Revise Until March 31
Taxpayers who missed India's July and August filing dates have until Dec. 31 to file late. A Budget 2026 change lets filers fix returns until March 31, 2027, for a fee.
- TaxExplainer
Japan Furusato Nozei: Dec. 31 Cutoff for 2026 Gifts, Proposed 1.93 Million Yen Cap
Hometown tax donations set a sixth straight record last fiscal year. Donors have until Dec. 31 to count gifts for 2026, and a cap for top earners is planned.
- TaxExplainer
Singapore Homeowners Weigh 2027 Property Tax Bills After Rebates of Up to 20%
Two one-off rebates cushioned rising annual values in 2025 and 2026. Here is how owner-occupier rates work before the next bills land.
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South Korea's 22% Crypto Tax Still Set for Jan. 1 as Ruling Party Weighs 2029 Delay
Lawmakers and the finance ministry failed again to settle the start date, leaving investors two months to prepare records for a tax that may or may not arrive.
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Hong Kong's HK$60,000 MPF TVC and Annuity Tax Deduction: What to Pay Before March 31
Voluntary MPF contributions and qualifying deferred annuity premiums share one cap. Money paid by March 31, 2027 counts toward the 2026/27 tax bill.
- TaxExplainer
Hong Kong's Planned HK$20,000 Stamp Duty Waiver for New Parents: Who Qualifies and What It Saves
The proposed Policy Address concession would cover flats bought a year before to two years after a birth, but buyers of homes under HK$4 million save almost nothing.
- TaxExplainer
Australia's Division 296 Super Tax: How the 30% and 40% Rates Hit Balances Above A$3 Million
The levy on large superannuation balances has applied since July 1, and the first bills will land in the 2027-28 income year. Here is how it works.
