The Asia-Pacific region was the first to experience the full brunt of the COVID-19 pandemic, including its economic fallout. Today, many of the jurisdictions in the region are experiencing sustained recoveries. However, as governments look to reduce their deficits and recoup fiscal and monetary stimulus outlays, taxes — both direct and indirect — will likely rise in Asia-Pacific with targeted rate increases, broadening of the tax scope, or the introduction of new taxes. The challenge for governments will be to balance this revenue need with their desire to create a pro-growth and investor-friendly economic environment. Meanwhile, tax authorities are accelerating...