Posts by Abdur Rouf

Ireland: Revenue updates CFC rules in eBrief 023/25

February 10, 2025

The Irish Revenue released eBrief 023/25 on 24 January 2025, which includes updates to the tax and duty manual on...

Luxembourg Parliament ratifies tax treaty protocol with Moldova

February 10, 2025

The Luxembourg parliament passed the law to ratify the protocol to the 2007 income and capital tax treaty with Moldova,...

Saudi Arabia, Serbia initiate first income tax treaty

February 10, 2025

Saudi Arabia and Serbia finalized negotiations by initiating an income tax treaty on 8 February 2024. A tax treaty is...

Ireland: Revenue updates guidance on Residential Zoned Land Tax

February 10, 2025

Irish Revenue has released eBrief No. 031/25 on 4 February 2025, providing updated guidance on the Residential Zoned Land Tax...

Mauritania, Saudi Arabia income and capital tax treaty enters into force

February 10, 2025

The income and capital tax treaty between Mauritania and Saudi Arabia entered into force on 1 January 2025. A tax...

UK: HMRC late payment interest rates to be revised after Bank of England lowers base rate

February 10, 2025

The UK tax authority, His Majesty’s Revenue and Customs (HMRC) has announced a reduction in interest rates for late payments...

UAE: MoF launches public consultation on e-Invoicing data dictionary

February 10, 2025

The UAE Ministry of Finance (MoF) has launched a public consultation on the data dictionary for electronic invoicing (e-invoicing). The...

France approves 2025 Finance Law with new tax measures

February 10, 2025

The French Senate approved the Finance Law for 2025 on 6 February 2025, following approval by the National Assembly on...

UK: HMRC amends Pillar Two rules

February 10, 2025

The UK tax authority, His Majesty’s Revenue and Customs (HMRC), published amendments to the Finance Bill 2024-2025 on 27 January...

Saudi Arabia: ZATCA issues guidance on real estate transaction tax for BOOT contracts

February 7, 2025

The Saudi Arabian Zakat, Tax, and Customs Authority (ZATCA) provided new guidance regarding Real Estate Transaction Tax (RETT) for Build-Own-Operate-Transfer...

Sri Lanka, UAE finalise investment protection agreement

February 7, 2025

Sri Lanka and UAE have finalised an agreement on reciprocal promotion and protection of investments between the two countries. This...

Ukraine revises tax haven list in Resolution

February 7, 2025

The Ukrainian Ministry of Finance issued Resolution No. 1505 on 4 February 2025 , revising the list of tax havens...

UK to suspend 1994 tax treaty with Russia

February 7, 2025

The UK’s tax, payments and customs authority (HMRC) has announced that the 1994 tax treaty with Russia will be suspended...

UAE: Cabinet approves income tax treaty with Qatar

February 7, 2025

The Cabinet of Ministers of the  United Arab Emirates (UAE) has approved the income tax treaty with Qatar On 3...

Ukraine, Egypt show interest in updating tax agreement

February 7, 2025

Ukraine’s Minister of Agrarian Policy and Food, Vitalii Koval, held a meeting with Ahmed Kuchuk, Egypt’s Minister of Finance. This...

Luxembourg: Council of State approves tax treaty ratification with Colombia

February 7, 2025

Luxembourg’s Council of State has given its approval for the ratification of the income and capital tax treaty with Colombia...

Taiwan proposes extension of tax refund claim period under income tax treaties

February 7, 2025

Taiwan’s Ministry of Finance (MOF)  has proposed a draft amendment to extend the tax refund application period under income tax...

South Africa: SARS updates interest rate for taxation of low-interest loans

February 7, 2025

The South African Revenue Service (SARS) has announced a reduction in the official interest rate Table 3 for taxation on...