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Taiwan's national tax authority has released guidance on VAT refunds for foreign exhibitors, following a number of questions received from overseas firms. Read Full Story
Bahrain has signed an agreement to implement the US Foreign Account Taxpayer Compliance Act with the United States. Read Full Story
Following representations from the gaming industry, Macau's Director of the Gaming Inspection and Coordination Bureau, Paulo Martins Chan, has disclosed the Government is open to reviewing tax on gaming. Read Full Story
China introduced import and export duty changes from January 1 to boost innovation-driven development and put the country's tariff structure "more in line with the needs of international trade development." Read Full Story
On December 14, Macau and the United States signed an intergovernmental agreement to facilitate compliance with the US Foreign Account Tax Compliance Act by financial institutions in Macau. Read Full Story
On November 15, Macau's Chief Executive, Chui Sai On, delivered the Policy Address for Macau's 2017 fiscal year, and concentrated on measures to improve the livelihoods of individuals and boost the growth of small businesses. Read Full Story
The third protocol to the double taxation agreement between Mainland China and Macau was signed in Beijing on July 19, 2016. Read Full Story
The Hong Kong-Macao Closer Economic Partnership Arrangement was initialed on July 15. Read Full Story
Since July 1, 2016, foreign visitors to China's province of Guangdong became able to obtain value-added tax refunds on their purchases from designated shops when departing from Guangzhou's Baiyun International Airport and Nansha Port or from Zhuhai's Jiuzhou Port. Read Full Story
Since February 1, 2016, foreign visitors to Hainan Island in China have been able to obtain value-added tax refunds on consumer goods purchased from designated shops up to a total limit of RMB16,000 per year. Read Full Story
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