Welcome to this first edition of our re-styled Asia Tax Bulletin series! As you would have expected, it is full of important tax developments in Asia, including, inter alia, China's measures to prepare for the automatic exchange of tax information, Hong Kong's treasury centre tax incentive proposal, India's guidelines for determining tax residency, the proposed tax changes in Malaysia as a result of the government Budget issued in October 2015, the tax amnesty programme of Indonesia and Japan's tax rate changes.