January 1, 2025
The Saudi Arabian Zakat, Tax, and Customs Authority (ZATCA) has announced the eligibility criteria for Group 19 taxpayers in the...
January 1, 2025
Russian companies manufacturing equipment for electronic components and radio-electronic products will benefit from a reduced 8% corporate income tax rate...
January 1, 2025
Luxembourg has enacted a law implementing a VAT scheme for small businesses. VAT obligation exemption threshold has been increased to...
January 1, 2025
Luxembourg has enacted the bill amending the law that implements the Minimum Taxation Directive (2022/2523) on 23 December 2024, known...
January 1, 2025
The Korea-Philippine Free Trade Agreement (FTA) entered into force on 31 December 2024, as announced by the Korean Embassy in...
January 1, 2025
The Uruguayan tax authorities (DGI) issued a Resolution 2,867/024 on 11 December 2024, establishing deadlines for filing tax returns and...
January 1, 2025
The President of Brazil, Luiz Inácio Lula da Silva, enacted Bill No. 3,817/24, which is now known as Law No....
January 1, 2025
Malaysia’s Inland Revenue Board (IRB) has updated transfer pricing guidelines and transfer pricing audit framework. The transfer pricing guidelines have...
January 1, 2025
Luxembourg has enacted the Budget Law for 2025, which includes modifications to the CO2 tax credits, VAT, and introduction of...
January 1, 2025
The 13th Session of the 14th National People’s Congress Standing Committee has reviewed and approved the draft of the Value-Added...
January 1, 2025
The President of Nigeria, Bola Ahmed Tinubu, presented the 2025 Budget titled “The Restoration Budget: Securing peace, Rebuilding prosperity” during...
December 31, 2024
The Russian Federal Tax Service (FTS) has updated its list of jurisdictions for automatic exchange of country-by-country (CbC) reports, effective...
December 31, 2024
The Greek Official Gazette published Law No. 5164 on 24 December 2024, which transposes key EU directives related to sustainability...
December 31, 2024
Peru’s Congress has approved a tax relief measure under Law 32,201 on 26 December 2024, exempting VAT on fees related...
December 31, 2024
Malta published the Value Added Tax (Amendment) Act 2024 in the Official Gazette, on 17 December 2024, introducing the EU...
December 31, 2024
Turkey’s Revenue Administration has announced the issuance of Presidential Decision No. 9284, introducing a 1% withholding tax rate on payments...
December 31, 2024
Qatar’s General Tax Authority has announced that the Shura Council (parliament) has approved amendments to implement measures for the Pillar...
December 31, 2024
The Australian Taxation Office (ATO) has initiated a public consultation regarding the implementation of the thin capitalisation third-party debt test...