India has announced its formal opinion on the upcoming OECD – G20 global tax deal stating that a ‘consensus agreement’ is likely to be reached in October of this year. India is in favor of a harmonious solution which may be simple to implement and would have clear tax ...

On July 9th, the People's Bank of China decided to lower the deposit reserve ratio of financial institutions by 0.5% from July 15th, 2021 (excluding financial institutions that were previously subject to a 5% reserve ratio). After this reduction, the weighted average depos...

The General Department of Taxation of Vietnam issued the Circular No 40/2021/TT-BTC on June 1st, 2021, regarding the taxation of e-commerce sellers. Essentially, all e-commerce platforms must be connected electronically to the State tax agencies and disclose variou...