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…
Message from the Chairman:
Richard Ashby notes rising tax authority pressure and aggressive enforcement, highlights continued committee engagement across Asia Pacific, and invites member feedback and participation in future AGN Taxpresso editions.
China: Export Tax Rebates
China ended or reduced export tax rebates on key commodities, aiming to prioritise domestic needs, triggering global market volatility, trade tension concerns, and potential supply chain disruptions. Contributed by Mandy Liu, Acclime.
New Zealand: Exposure to GST
Non-resident businesses may need to register for New Zealand GST (Goods and Services Tax) if they exceed NZD 60,000 in supplies, with specific rules for goods, remote services, low-value imports, and refund eligibility. Contributed by Richard Ashby, Gilligan Sheppard.
