// Global Analysis Archive
Chinese internet stocks fell after speculation that VAT on internet value-added services would rise, following a confirmed VAT increase for telecom broadband access services. According to the source, senior tax experts said current rules show no change to the 6% VAT rate for internet platforms’ core value-added services.
China will apply a 5% purchase tax to most NEVs from 2026 and tighten PHEV technical requirements, ending a decade of full exemptions while maintaining preferential treatment versus ICE vehicles. The policy is likely to pull demand into late 2025, pressure OEM margins through tax-offset offers and pricing actions, and intersect with rising export dependence amid evolving overseas rules.
Malaysia’s Inland Revenue Board has clarified that influencers must declare income including non-cash benefits such as free products and sponsored services, prompting calls for clearer thresholds and valuation rules. The guidance is likely to professionalise influencer marketing while increasing compliance and cashflow pressure on smaller creators and SMEs reliant on product-only collaborations.
Chinese internet stocks fell after speculation that VAT on internet value-added services would rise, following a confirmed VAT increase for telecom broadband access services. According to the source, senior tax experts said current rules show no change to the 6% VAT rate for internet platforms’ core value-added services.
China will apply a 5% purchase tax to most NEVs from 2026 and tighten PHEV technical requirements, ending a decade of full exemptions while maintaining preferential treatment versus ICE vehicles. The policy is likely to pull demand into late 2025, pressure OEM margins through tax-offset offers and pricing actions, and intersect with rising export dependence amid evolving overseas rules.
Malaysia’s Inland Revenue Board has clarified that influencers must declare income including non-cash benefits such as free products and sponsored services, prompting calls for clearer thresholds and valuation rules. The guidance is likely to professionalise influencer marketing while increasing compliance and cashflow pressure on smaller creators and SMEs reliant on product-only collaborations.
| ID | Title | Category | Date | Views | |
|---|---|---|---|---|---|
| RPT-649 | Tencent Hit by VAT Hike Speculation as Experts Reject Broader Internet Tax Shift | China | 2026-02-04 | 0 | ACCESS » |
| RPT-646 | China to Reintroduce NEV Purchase Tax in 2026, Signaling Market Normalization and Efficiency Push | China | 2026-02-04 | 0 | ACCESS » |
| RPT-463 | Malaysia’s New Influencer Tax Guidance Reshapes Gifting, Compliance, and SME Marketing | Malaysia | 2026-01-31 | 0 | ACCESS » |