Financial and tax information:

Recognition of special additional deductions for FY2026 beginsThe taxpayers need to continue to handle the special top additional deductions by the withholding agent in the following year should be confirmed on the 12th of each year to enjoy the special additional deductions in the following year and reported to the withholding agent. Special additional deductions for personal tax are: children's education, continuing education, medical treatment for major illnesses, housing loan interest, housing rent, support for the elderly and care for infants and children under 3 years old.

Cross-border dynamics:

TikTok Shop Southeast Asia pushes border warehouse service:TikTok Shop Southeast Asia platform officially launched the border warehouse service, setting up a third-party logistics certified warehouse in Pingxiang, Guangxi, to provide a new logistics channel for the Vietnamese and Thai markets. Merchants can enjoy 90-day warehouse rent-free concessions, significant cost advantages for medium and large items, and a set of inventory can simultaneously support sales in Vietnam and Thailand, support for export tax rebates, and slow-selling goods can be flexibly redeployed to other markets or returned to the domestic market, providing a low-cost trial and error channel for multi-SKU merchants.

Amazon's Multi-Country FBA Parcel Fees Reduced Again::Amazon announced that from the 15th of this month, the UK, Germany, France and other five countries official FBA parcel fee reduced by another 0.26 euros, low-priced clothing commission as low as 5%; February 1, 2026, pet food and other categories of commission reduced to 5%.

eBay Australia goes live with live shopping::eBay has announced the official launch of its live shopping feature, eBay Live, in Australia, the fourth market to launch after the U.S., U.K. and Germany. The feature takes trading cards and collectibles as its first direction, integrating interactive links such as real-time display, online chat, video shopping, time-limited auctions and overtime bidding. The live streaming category will be gradually expanded in the future based on market response.

International Information

Thai Consumer Confidence Hits New June High:Thailand's consumer confidence index hit a six-month high in November, boosted by government policies and domestic tourism. The government has launched a series of stimulus measures aimed at revitalizing the economy, including a consumer subsidy scheme worth 44 billion baht ($1.43 billion).

Canada's final anti-dumping ruling on multinational steel wire:The Canada Border Services Agency recently made a final anti-dumping ruling on carbon and alloy steel wires originating in or imported from China, India, Italy, Malaysia, Portugal, Spain, Thailand, Turkey, Vietnam, nine countries and Taiwan, China.

Overseas Watch

The number of Chinese sellers in Mektor has surged:Data shows that the number of Chinese sellers on the Mercado platform has realized triple-digit growth over the past two years. Brazil, the largest e-commerce market in Latin America with a population of 212 million, is expected to have a market size of $78 billion in 2025.

Malaysia exempts small companies from e-invoicing:Malaysia's prime minister has announced an exemption from the mandatory use of e-invoicing for companies with an annual turnover of less than RM1 million (about US$243,000) and promised to speed up the processing of backlogged tax refunds, aiming to help small and medium-sized enterprises (SMEs). The previous threshold for mandatory use of e-invoicing was RM500,000.