Posts by Abdur Rouf

Japan, Bangladesh hold fourth round of EPA negotiations

February 18, 2025

The Ministry of Foreign Affairs of Japan announced, on 7 February 2025, that the fourth round of negotiations for an...

OECD warns against Ireland’s heavy reliance on tax revenue from MNEs

February 18, 2025

The OECD published Survey of Ireland 2025 on 12 February 2025, warning Ireland’s heavy reliance on tax revenue from multinational...

Bosnia and Herzegovina mandates tax-exempt financial assistance for employees

February 18, 2025

Bosnia and Herzegovina published Official Gazette No. 8/25, on 5 February 2025, introducing a new regulation to help reduce the...

Australia urges top privately owned wealthy groups to document processes to manage tax issues, risks

February 18, 2025

The Australian Taxation Office (ATO) has issued a statement urging privately owned and wealthy groups to document their processes for...

Poland to consult R&D tax relief under Pillar Two GloBE Rules

February 18, 2025

The Ministry of Finance announced that it will hold consultations on the direction of modifications to the research and development...

US: Trump Administration unveils plan to reduce trade deficit

February 18, 2025

The Trump Administration has released a memorandum introducing the “Fair and Reciprocal Plan,” aimed at reducing the trade deficit and...

UK: Treasury Forms global group to assess CBAM impact

February 17, 2025

The UK Treasury has announced the need for a UK Carbon Border Adjustment Mechanism (CBAM) group to gather insights from...

Sri Lanka, UAE sign IPA agreement

February 17, 2025

Sri Lanka and UAE have reached an agreement on investment protection (IPA) agreement during the World Governments Summit in Dubai....

Portugal rules capital gain on foreign shares not taxable

February 17, 2025

The Portuguese tax authority (PTA) issued Ruling No. 21788 on 31 January 2025, announcing that a Portuguese non-resident individual is...

UK launches consultation on e-invoicing

February 17, 2025

The UK’s tax authority, His Majesty’s Revenue and Customs (HMRC) launched a 12-week public consultation (Promoting electronic invoicing across UK...

UAE updates excise tax on e-smoking, VAT correction rules

February 17, 2025

The UAE Ministry of State for Financial Affairs issued Ministerial Decision No. 1 of 2025 on 3 January 2025, revising...

Saudi Arabia, Serbia to sign income tax treaty

February 14, 2025

The Saudi Council of Ministers has granted the Ministry of Finance approval to sign an income tax treaty with Serbia...

Turkey issues guide on income tax exemption for content creators and app developers

February 14, 2025

The Turkey’s Revenue Administration has issued a guide on income tax exemptions for social content creators and mobile app developers...

Turkey issues new guidelines on electronic product certificates

February 14, 2025

The Turkish Ministry of Treasury and Finance has released General Communiqué No. 579 on 8 January 2025, amending General Communiqué...

Luxembourg adopts bill on cross-border company rules

February 14, 2025

Luxembourg’s Chamber of Deputies approved a draft bill on 4 February 2025 implementing the EU directive on cross-border conversions, mergers,...

UK issues new alcohol duty regulations

February 14, 2025

The UK’s tax authority, His Majesty’s Revenue and Customs (HMRC) has published new regulations and updated guidance on alcohol duty,...

Peru extends reduced VAT rates for tourism sector Until 2027

February 14, 2025

Peru’s Congress has extended reduced VAT rates for hotels, restaurants, and tourist accommodations until 31 December 2027. The rates will...

Colombia: DIAN confirms RUT does not expire, only updated for specific changes

February 14, 2025

Colombia’s National Tax Authority (DIAN) has confirmed that the Unique Tax Registry (RUT) remains valid indefinitely and only needs to...