The EU and the UAE began talks for a bilateral free trade agreement (FTA) on 28 May 2025 to promote economic transformation in both regions.  The European Union and the United Arab Emirates (UAE) formally launched negotiations for a bilateral

Russia has approved a new tax treaty with the UAE to enhance tax cooperation and replace the limited 2011 agreement.  Russia’s government has approved a draft law to ratify a new income and capital tax treaty with the UAE on 29 May

Singapore’s IRAS confirms that pure equity-holding entities meeting economic substance requirements will be exempt from tax on foreign-sourced disposal gains under Advance Ruling 7/2025. Singapore’s IRAS has issued Advance Ruling Summary

The UAE’s FTA has clarified the VAT treatment of imported services in Public Clarification VATP044, confirming that taxable persons must account for output tax on such services and may recover input tax if conditions are met. The UAE Federal

The Inland Revenue Authority of Singapore has updated its e-Tax Guide to clarify GST concession procedures for listed REITs and Business Trusts, confirming that separate claims statements are no longer required unless requested and extending the

IRAS rules that novation of agreements in group restructuring is a capital, non-taxable transaction. The Inland Revenue Authority of Singapore (IRAS) issued Advance Ruling No. 6/2025 on 2 May 2025, explaining the tax treatment of transferring