Posts by Abdur Rouf

Luxembourg: Parliament adopts law amending Corporate Income Tax Law, New Wealth Tax Law

December 17, 2024

The Luxembourg Parliament passed legislation that introduced amendments to the Corporate Income Tax (CIT) Law and the Net Wealth Tax...

Oman ratifies income tax treaty with Estonia

December 13, 2024

The Sultan of Oman issued a Royal Decree No 62/2024 for the ratification of the income tax treaty with Estonia...

Luxembourg: Council of State approves amending protocol to tax treaty with Moldova

December 13, 2024

Luxembourg’s Council of State authorised the ratification of the protocol to the 2007 tax treaty on income and capital with...

New Zealand: Inland Revenue clarifies transitional residency, crypto asset sales

December 13, 2024

New Zealand’s Inland Revenue issued a ruling TDS 24/22 addressing the transitional residency status of a taxpayer and the tax...

Austria gazettes Pillar Two CbCR Safe Harbour Regulation

December 13, 2024

Austria’s tax authorities published a decree in the Official Gazette on the temporary CbCR Safe Harbor (CbCR Safe Harbor Regulation)...

Greece enacts participation exemption for intra-group dividends, capital gains

December 13, 2024

The Greece Ministry of Finance has enacted legislation Bill 5162/2024  on 5 December 2024 which introduces a participation exemption regime...

Bulgaria, Malta sign new tax treaty

December 13, 2024

Bulgarian Deputy Prime Minister and Minister of Finance, Lyudmila Petkova, signed an agreement in Brussels with Malta to avoid double...

Bulgaria: Ministry of Finance releases draft state budget bill for 2025

December 13, 2024

The Bulgarian Ministry of Finance released a draft bill for the 2025 state budget on 9 December 2024 which includes...

Ireland: Revenue issues eBrief on VAT updates in Finance Act 2024

December 12, 2024

The Irish Revenue has released eBrief No. 297/24 on 4 November 2024 regarding the VAT Notes for Guidance under the...

UAE: Dubai to reintroduce 30% alcohol sales tax from January 2025

December 12, 2024

Dubai is reportedly planning to reintroduce a 30% alcohol sales tax effective 1 January 2025, reversing a policy that suspended...

Ireland: revenue issues vat updates on share transactions, trading platforms, and stock exchange fees

December 12, 2024

The Irish Revenue issued two updates, eBrief No. 298/24 and eBrief No. 299/24 on 5 December 2024, aimed at enhancing...

Singapore revises e-tax guide for securities lending and repo transactions

December 12, 2024

The Inland Revenue Authority of Singapore (IRAS) has issued an updated e-Tax Guide Securities Lending and Repurchase Arrangements (Second Edition)...

Colombia: DIAN sets tax value unit for 2025

December 12, 2024

The Colombian National Tax and Customs Directorate (DIAN) issued Resolution No. 000193 on 4 December 2024, setting the tax value...

Ireland: Revenue updates guidance on pre-letting expense deduction for vacant residential properties

December 12, 2024

The Irish Revenue Commissioners issued Revenue eBrief No. 300/24 on 5 December 2024, providing updated guidance on deducting pre-letting expenses...

Switzerland updates list of participating jurisdictions for AEOI-CRS

December 11, 2024

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

Zambia proposes new tax measures in 2025 budget draft

December 11, 2024

Zambia’s Ministry of Finance and National Planning have introduced new tax measures in the draft 2025 Budget. The proposed tax...

UAE: Dubai publishes guidance for foreign bank tax

December 11, 2024

Dubai has released Administrative Decree No. 107 of 2024, detailing the application of a 20% annual tax on foreign banks’...

Spain consults draft global minimum tax bill

December 11, 2024

Spain’s General Directorate of Taxes has launched a public consultation on draft regulations designed to implement a complementary tax ensuring...