Italy’s tax authorities released Circular No. 23/E on 19 November 2024, outlining the guidelines for the permanent establishment investment management exemption introduced in the 2023 Budget Law. One of the key provisions in the 2024 Budget Law

Romania’s Chamber of Deputies have approved the amending protocol to the 1995 Malta-Romania Tax Treaty on 18 November 2024. The protocol has been presented to Romania's Senate for further approval. It will take effect 30 days after the

Italy’s tax authorities have sanctioned the model form for tax credit required for eligible businesses in the agriculture, forestry, fishery, and aquaculture sectors in the Single Special Economic Zone (Single SEZ). This form is essential for

Italy published Law No. 166 of 14 November 2024 in the Official Gazette which stipulates that the loan or secondment of staff is not considered a taxable supply for VAT purposes if the recipient solely reimburses the salary and associated

Kenya's National Treasury has released a public notice inviting feedback on a proposed double taxation agreement (DTA) with Romania. Written comments should be sent to the Cabinet Secretary of the National Treasury and Economic Planning at the

Officials from Romania and the United Kingdom signed  a new income and capital tax treaty on 13 November 2024. The agreement will come into force once the ratification instruments have been exchanged. Upon becoming effective, it will supersede