Seismic shifts – ITR’s Asia Guide 2023 launched

International Tax Review is part of Legal Benchmarking Limited, 1-2 Paris Garden, London, SE1 8ND

Copyright © Legal Benchmarking Limited and its affiliated companies 2025

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Seismic shifts – ITR’s Asia Guide 2023 launched

lava-656827.jpg

With marked economic disruption matched by a frenetic rate of regulatory upheaval, ITR partnered with Asia’s leading legal minds to navigate the continent’s growing complexity.

The guide begins in India, with a comprehensive analysis of intangible assets. KNAV in India demystifies the term ‘intangibles’ before considering the tax and transfer pricing (TP) implications of this rapidly evolving phenomenon.

Meanwhile, RSM Indonesia outlines the country’s swift legislative overhaul which has earned it a seat at the global table of tax reform. Domestically, this has led to a vital breakthrough with the BEPS two-pillar solution.

An article from Deloitte focuses on the potential impact of pillar two in Asia, and sets out the main questions facing companies as organisations prepare for its implementation.

GNV Consulting presents a different angle on tax developments in Indonesia and focuses on an expected increase in audits. A step-by-step guide is intended to help companies to weather the storm.

Authors from Dhruva Partners overview recent changes to direct tax laws that will affect non-resident taxpayers in India, as outlined in the country's recent Union Budget.

Finally, Deloitte experts spanning Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam present an overview of the respective TP controversies each country is contending with. In a region layered with complexity, it is unsurprising to see tax administrations ramping up enforcement activity – how can taxpayers ensure they are adequately prepared?

We hope you enjoy reading our Asia Guide 2023.

Click here to read all the articles from ITR’s Asia Guide special focus.

more across site & shared bottom lb ros

More from across our site

A vote to be held in 2026 could create Hogan Lovells Cadwalader, a $3.6bn giant with 3,100 lawyers across the Americas, EMEA and Asia Pacific
Foreign companies operating in Libya face source-based taxation even without a local presence. Multinationals must understand compliance obligations, withholding risks, and treaty relief to avoid costly surprises
Hotel La Tour had argued that VAT should be recoverable as a result of proceeds being used for a taxable business activity
Tax professionals are still going to be needed, but AI will make it easier than starting from zero, EY’s global tax disputes leader Luis Coronado tells ITR
AI and assisting clients with navigating global tax reform contributed to the uptick in turnover, the firm said
In a post on X, Scott Bessent urged dissenting countries to the US/OECD side-by-side arrangement to ‘join the consensus’ to get a deal over the line
A new transatlantic firm under the name of Winston Taylor is expected to go live in May 2026 with more than 1,400 lawyers and 20 offices
As ITR’s exclusive data uncovers in-house dissatisfaction with case management, advisers cite Italy’s arcane tax rules
The new guidance is not meant to reflect a substantial change to UK law, but the requirement that tax advice is ‘likely to be correct’ imposes unrealistic expectations
Taylor Wessing, whose most recent UK revenues were £283.7m, would become part of a £1.23bn firm post combination
Gift this article