July 23, 2025

Announcement to Delay Tariffs to August 1, 2025: Implications for Pan-Asia Region

Recent announcements from the U.S. Administration outlined significant increases in reciprocal tariff rates. Formal notices were issued to 22 nations, including many in Southeast Asia, signaling rising pressure on trade relationships. In addition, stricter enforcement measures and penalties on transshipped goods were outlined. A&M Tax leaders offer key insights on shifting tariff rates, transshipment risks, and potential implications for BRICS members.

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Thought Leadership

Overview of the BMF Instruction Sheet on Cross-Border Audit Cooperation

July 24, 2025

With its updated instruction sheet on cross-border audit cooperation, the German Ministry of Finance signals a stronger focus on coordinated tax enforcement. Joint and simultaneous audits are gaining relevance – especially in transfer pricing matters. For multinational groups, this means greater pressure to ensure consistency and audit readiness across jurisdictions.

Thought Leadership

PMK 37/2025: New Indonesia Regulation on Withholding of Article 22 Income Tax by E-Commerce Platforms

July 23, 2025

Learn how PMK 37, Indonesia's new e-commerce income tax regulation, expands the tax base and modernizes tax collection procedures under Article 22.

Press Releases

Alvarez & Marsal Tax Launches Indonesia Tax Practice Led by Jaap Zwaan

July 22, 2025

Alvarez & Marsal Tax, (A&M Tax), an affiliate of leading global professional services firm Alvarez & Marsal (A&M), today announced the launch of its Indonesia tax practice, further strengthening its presence in Asia.

Thought Leadership

Navigating Q2 2025: Essential Income Tax Accounting Insights

July 22, 2025

Here are the Q2 2025 tax changes impacting tax accounting, crucial for accurate ASC 740 reporting and proactive tax planning, from U.S. laws to global policies.

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