Posts by Abdur Rouf

Corporate tax, Transfer Pricing, Global Trade, Tax Treaty National Diet Building, Tokyo, Japan.
Japan, Turkmenistan sign tax treaty

December 20, 2024

Japan and Turkmenistan signed the tax treaty “Convention between Japan and Turkmenistan for the Elimination of Double Taxation with respect...

Hong Kong enacts Tax Deductions for Leased Premises Reinstatement and Allowances for Buildings and Structures Bill

December 20, 2024

The Hong Kong Inland Revenue Department (IRD) passed the Inland Revenue (Amendment) (Tax Deductions for Leased Premises Reinstatement and Allowances...

Argentina, China tax treaty enter into force

December 20, 2024

The income and capital tax treaty between Argentina and China came into force on 26 November 2024. This was confirmed...

Ireland: Revenue updates guidance on anti-hybrid rules

December 20, 2024

The Irish Revenue has released eBrief No. 303/24, providing updated guidance on anti-hybrid rules on 10 December 2024. The purpose...

India: CBDT issues additional guidance on Direct Tax Vivad se Vishwas Scheme

December 20, 2024

The Central Board of Direct Taxes (CBDT) of India has released Circular No. 19 of 2024, offering additional guidance on...

Sri Lanka: President presents tax reform proposals to parliament

December 20, 2024

The President of Sri Lanka presented a series of tax reform proposals to Parliament on 18 December 2024, with several...

Ecuador imposes new tax on vehicle transfers to curb money laundering

December 20, 2024

Ecuador has enacted the Decree Law on the Organic Law for Improving Tax Collection through Combating Money Laundering on 10...

Poland announces exemption from electronic submission of asset data

December 20, 2024

Poland’s Minister of Finance issued a regulation exempting most taxpayers (except those under Article 9(1d) of the corporate income tax...

Kenya: KRA updates PAYE rules under Tax Laws (Amendment) Act 2024

December 20, 2024

The Kenya Revenue Authority has published a notice outlining changes to the PAYE computation following the enactment of the Tax...

Australia: 2024-25 Mid-Year Economic and Fiscal Outlook outlines new tax measures

December 20, 2024

The federal government released the 2024-2025 Mid-Year Economic and Fiscal Outlook (MYEFO) on 18 December  2024. The 2024-25 MYEFO did...

Lithuania: Government approves ratification of tax treaty with Taiwan

December 19, 2024

The Government approved the draft Law for ratification of the tax treaty with Taiwan. The announcement was made by the...

Switzerland: Council of States approves ratification of tax treaties with Angola, Jordan

December 19, 2024

The Swiss Upper House of Parliament (the Swiss Council of States) approved the ratification of the income tax treaties with...

Switzerland: Parliament approves amending protocol to tax treaties with Germany, Serbia

December 19, 2024

Switzerland’s Council of States approved protocols amending income and capital tax treaties with Germany and Serbia on 9 December 2024....

Ireland: Central Bank warns US tax policy could swing government finances into a deficit

December 19, 2024

The Irish Central Bank has cautioned that changes in US tax policy could reduce corporate tax revenues from American companies...

Luxembourg: Government Council approves ratification of tax treaty with Colombia

December 19, 2024

Luxembourg’s Government Council has approved the ratification of the income and capital tax treaty with Colombia on 13 December 2024....

Ecuador ratifies tax treaty with UK

December 19, 2024

Ecuadorian President Daniel Noboa signed a decree ratifying the income and capital tax treaty with the UK on 13 December...

Oman, Tanzania sign tax treaty

December 19, 2024

Oman and Tanzania have signed a tax treaty in Muscat on 15 December 2024. The agreement was signed by HE...

Switzerland: SIF updates AEOI jurisdictions list, changes status of Belize

December 19, 2024

The Swiss State Secretariat for International Finance (SIF) released an updated list of jurisdictions participating in the automatic exchange of...