Posts by Abdur Rouf

Finland: Ministry of Finance gazettes MLI application of Azerbaijan-Finland tax treaty

November 29, 2024

The Finnish Ministry of Finance published Statement No. 107/2024 in the official gazette concerning the application of the MLI to...

Vietnam: National Assembly passes 2024 VAT Law

November 29, 2024

Vietnam’s National Assembly passed the 2024 Law on Value-Added Tax (VAT) on 26 November 2024, which will come into effect...

Turkey updates revaluation rate for 2024

November 29, 2024

Turkey has officially announced an annual revaluation rate of 43.93% for 2024, as published in the Official Gazette No. 32735...

Moldova ratifies amending protocol to tax treaty with Luxembourg

November 28, 2024

Moldova issued Decree No. 1653 on 20 November 2024, which was published in the Official Gazette on 26 November 2024,...

Luxembourg: Chamber of Deputies approve income and capital tax treaty with Montenegro

November 28, 2024

Luxembourg’s Chamber of Deputies approved the draft law to ratify the income and capital tax treaty with Montenegro on 21...

Philippines plans to revise tax treaties with Indonesia, Malaysia, Singapore

November 28, 2024

The Philippines government is reportedly planning to enter into negotiations to revise the 1981 tax treaty with Indonesia, the 1982...

Japan tax revenue expected to reach record high

November 28, 2024

Japan’s tax revenues are set to hit a record high for the fifth straight year. Projections estimate revenue rising from...

Colombia consults new tax haven list

November 28, 2024

The Ministry of Finance in Colombia has released a draft decree for public consultation, proposing a new list of 25...

Japan announces JPY 13.9 trillion stimulus budget

November 28, 2024

Japan’s Ministry of Finance has announced a JPY 13.9 trillion (USD 92 billion) additional budget to support Prime Minister Shigeru...

El Salvador launches ‘Inspectores Fiscales Sin Fronteras’ programme to combat tax evasion

November 27, 2024

El Salvador’s Ministry of Finance has launched the “Inspectores Fiscales Sin Fronteras” programme to improve tax auditing and criminal investigations,...

Austria, China amending protocol to tax treaty enters into force

November 27, 2024

The amendment to the 1991 tax treaty between Austria and China came into force on 19 November 2024. The protocol,...

Kuwait, South Africa income tax treaty protocol enters into force

November 27, 2024

The amending protocol to the Kuwait-South Africa Income Tax Treaty came into force on 2 October 2024. This protocol has...

IMF urges Malta to align fiscal and tax policies with EU’s global minimum tax directive

November 27, 2024

The International Monetary Fund (IMF) has called on the Maltese government to develop a clear plan aligned with the European...

Bosnia and Herzegovina updates transfer pricing rules

November 27, 2024

The Ministry of Finance of the Federation of Bosnia and Herzegovina (FBiH) has announced amendments to the Transfer Pricing Rulebook...

Denmark consults draft bill for crypto-asset reporting

November 27, 2024

The Danish Ministry of Taxation has opened a public consultation on a draft bill to implement Council Directive (EU) 2023/2226...

Hong Kong, Rwanda conclude first round of income tax treaty negotiations

November 26, 2024

An update from the Hong Kong Inland Revenue Department reports that Hong Kong and Rwanda officials concluded the initial round...

Luxembourg: Chamber of Deputies approves income and capital tax treaty with Albania

November 26, 2024

Luxembourg’s Chamber of Deputies has given its approval for the ratification of the income and capital tax treaty with Albania...

Lithuania ratifies tax treaty with Andorra

November 26, 2024

Lithuania published Law No. XIV-3099 of 11 May 2023 in the Official Gazette on 20 November 2024 which pertains to...