The Inland Revenue Authority of Singapore has released Advance Ruling Summary No. 7/2024, addressing the classification of hybrid instruments and related matters on 1 November 2024. Subject: Whether: The fixed rate subordinated

Kazakhstan issued the Government Resolution dated 18 October 2024 for the signing of an amending protocol to the 1996 income and capital tax treaty with Iran. This protocol marks the first amendment to the original treaty since its entry into

Kazakhstan has issued Order No. 633 of 19 September 2024, which updates Order No. 1104 from 24 December 2018 concerning the forms and procedures for submitting local files, master files, and Country-by-Country (CbC) reports; and introduced new forms

Singapore has published Order No. S 813 in the Official Gazette on 24 October 2024 which officially recognises the Multilateral Competent Authority Agreement (MCAA) on the Exchange of Country-by-Country (CbC) Reports as an international tax

Kazakhstan Ministry of Foreign Affairs, in a release on 21 October 2024, announced that officials from Kazakhstan and Kuwait met to discuss investment relations and establish an income tax treaty on the avoidance of double taxation. Deputy

The Inland Revenue Authority of Singapore has updated its guidelines regarding the Tax Treatment for Shipping Income which now includes new provisions related to the alternative net tonnage basis of taxation, which will take effect from the year of