AGN Taxpresso: 2026 – Issue 1

AGN Taxpresso is a quarterly publication featuring content provided by AGN Asia Pacific Tax Committee members. Keep yourself and your clients in the know with:

• Up-to-date information on tax developments in Asia Pacific countries.
• Current corporate world issues and hot topics affecting the respective countries’ economies and global development – including insight into the potential impact this could have.
• Annual budget announcements.

In this issue…

MALAYSIA

Digitalisation and the Expansion of Sales and Service Tax (SST) – Cross-Border Implications.

Foreign residents purchasing Malaysia continues to modernise its tax system in response to the digital economy and increasing cross-border commercial activity. Key developments include the implementation of mandatory e-invoicing and the ongoing expansion of the SST. This overview highlights the implications for tax practitioners and reflects a broader shift towards greater transparency and alignment with international indirect tax principles.

Contributed by Jasmine Gong, GEP Associates.

NEW ZEALAND

New Zealand Goods and Services Tax (GST) (VAT) – Do I Need to Be Registered?

Businesses undertaking activities in New Zealand must consider their exposure to GST (VAT) registration obligations. With GST applied at 15% on most goods and services, understanding when registration is required is essential. This overview outlines the key triggers for GST registration and the implications for clients operating within the New Zealand market.

Contributed by Richard Ashby, Gilligan Sheppard.