Posts by Abdur Rouf

Sri Lanka: Inland Revenue issues guidelines for obtaining tax residency certificates

February 12, 2025

The Sri Lanka Inland Revenue has issued a notice outlining the steps taxpayers must follow to obtain tax residency certificates....

Singapore: IRAS urges employers to meet AIS deadline for accurate tax filing

February 12, 2025

The Inland Revenue Authority of Singapore (IRAS)  has published a statement outlining the advantages of pre-filled tax returns for employees,...

Oman, India sign amending protocol to tax treaty

February 12, 2025

Oman and India signed an amending protocol their existing tax treaty in Muscat, the announcement was made by Foreign Ministry...

South Africa: SARS updates urban development zone allowance guide for 2025

February 12, 2025

The South African Revenue Service (SARS) has issued an updated Guide to the Urban Development Zone (UDZ) allowance on 17...

Lithuania: Parliament to discuss reduced VAT rate for food and catering in spring session

February 11, 2025

Prime Minister Gintautas Paluckas announced that the Lithuanian Parliament will consider introducing a reduced VAT rate for food products and...

Egypt ratifies new income tax treaty with Oman

February 11, 2025

Egypt issued Decision No. 320 of 2024 in the Official Gazette, ratifying the income tax treaty with Oman on 16...

Lithuania updates corporate and dividend tax rates for 2025

February 11, 2025

Lithuania’s State Tax Inspectorate has announced changes to tax rates that will take effect on 1 January 2025. The corporate...

Egypt: ETA mandates e-receipts for taxpayers in new regulation

February 11, 2025

The Egyptian Tax Authority (ETA) announced a new requirement for taxpayers to issue electronic receipts (e-receipts) for transactions with final...

UAE: Cabinet approves protocol to 2011 tax treaty with Switzerland

February 11, 2025

The UAE Cabinet of Ministers approved the protocol to the 2011 tax treaty with Switzerland on 2 January 2025. Switzerland...

Luxembourg, Egypt officials meet for talks on bilateral relations and economic cooperation

February 11, 2025

According to a press release  from the Ministry of Foreign and European Affairs, Defense, Cooperation, and Foreign Trade Luxembourg government,...

France: Tax Authority clarify foreign tax credit rules

February 11, 2025

The French tax authority issued a ruling addressing the availability of foreign tax credits (FTCs) in cases where foreign withholding...

Liechtenstein, Vietnam discuss income tax treaty and business ties

February 11, 2025

Officials from Liechtenstein and Vietnam met to discuss bilateral cooperation with Liechtenstein expressing interest in negotiating and signing an income...

Taiwan: Ministry of Finance warns of penalties for underreporting income despite no tax due

February 11, 2025

Taiwan’s Ministry of Finance has clarified that enterprises will be penalized for failing to report or underreporting income, even if...

Singapore: IRAS publishes FAQs on spontaneous exchange of tax information

February 11, 2025

The Inland Revenue Authority of Singapore ( IRAS) has released a set of Frequently Asked Questions (FAQs) regarding the Spontaneous...

Kyrgyz, Ethiopia Finance Ministers meet to strengthen trade relations

February 11, 2025

A meeting took place in Addis Ababa between the First Deputy Minister of Foreign Affairs of the Kyrgyz Republic, Asein...

Greece expands debt relief and VAT policies amid economic reforms

February 11, 2025

The Greek Ministry of National Economy and Finance announced changes to its debt relief framework, aiming to provide stronger protection...

UAE introduces domestic minimum top-up tax for multinational enterprises

February 11, 2025

The UAE Ministry of Finance has announced the issuance of Cabinet Decision No. 142 of 2024 on the introduction of...

Lithuania considers raising VAT registration threshold to new level

February 11, 2025

Lithuania’s parliament is considering a proposal to raise the VAT registration threshold from EUR 45,000 to EUR 60,000. Under the...