Tax Challenges in the Asia Pacific
In 2025, tax leaders across the Asia Pacific will primarily struggle to stay compliant with evolving international tax laws, particularly concerning the OECD’s BEPS 2.0 initiative and the enforcement of minimum global tax rules under Pillar Two.
Key aspects include:
- Implementing a 15% global minimum tax (Pillar Two) in multiple Asia Pacific countries, such as Singapore, Hong Kong, and Malaysia, increases the compliance and reporting obligations for multinational enterprises.
- The increasing complexity of managing cross-border activities, transfer pricing, and new disclosure obligations is evident, especially as tax authorities ramp up audits and prioritise transparency.
- Tax leaders need to adapt to evolving regulations while ensuring that filings are accurate and timely, and they must also reassess their tax strategies within these new frameworks.
Recent surveys and industry analysis consistently highlight that compliance with these international tax reforms and the related administrative burdens is the top concern for tax leaders across the Asia Pacific.
With our dynamic, client-focused approach and regional expertise, Velten Advisors is well-positioned to help organisations across the Asia Pacific future-proof their tax strategies, safeguard compliance, and navigate the complexity of today’s global tax environment.
Get In Touch
For more information please contact Michael Velten.
michael@veltenadvisors.com
+6590687547
37 Ann Siang Rd, Singapore 069715
More insights about Tax Challenges in the Asia Pacific :
Taxation of Influencers in Taiwan: Current Rules, Challenges, and the Impact of New Regulations
Find out more
Taxation and Regulation of Influencers in Hong Kong: Compliance, Enforcement, and Global Comparison
Find out more
