Posts by Abdur Rouf

Slovak Republic consults excise duty law amendment

November 22, 2024

The Slovak Republic’s Ministry of Finance has launched a public consultation on a proposed bill  (No. MF/002387/2024-732); which aims to...

Norway considers crypto ownership reporting rules

November 22, 2024

Norway’s Ministry of Finance unveiled a draft bill, which introduces reporting obligations for third parties serving as crypto asset exchanges...

Italy clarifies permanent establishment exemption for investment management

November 22, 2024

Italy’s tax authorities released Circular No. 23/E on 19 November 2024, outlining the guidelines for the permanent establishment investment management...

European Commission develops standard forms, formats for DAC7 compliance

November 22, 2024

The European Commission announced its plans to draft an implementing regulation featuring standard forms and digital formats on 18 November...

OECD: Global Forum releases 9 new peer review reports on transparency, information exchange

November 22, 2024

The OECD Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum) on 21 November 2024 published...

OECD report finds tax revenues steady, spending pressures rise

November 22, 2024

The OECD has released two new reports on 21 November 2024 examining tax levels and consumption tax trends across its...

European Commission launches new VAT portal for small businesses

November 22, 2024

The Directorate-General for Taxation and Customs Union of the European Commission has unveiled a new web portal about the Special...

Kyrgyzstan ratifies income tax treaty with Slovak Republic

November 21, 2024

Kyrgyzstan’s President Sadyr Japarov signed the law ratifying the pending income tax treaty with the Slovak Republic on 19 November...

Turkey, Maldives sign preferential trade agreement

November 21, 2024

Turkey and Maldives signed a Preferential Trade Agreement (PTA), on 4 November 2024, aiming to strengthen trade relations and enhance...

Colombia: National Tax Authority updates reporting requirements for 2025

November 21, 2024

Colombia’s National Tax Authority (DIAN) has updated rules for submitting certain tax information starting with the 2025 tax year. The...

Saudi Arabia: ZATCA clarifies VAT audit process

November 21, 2024

Saudi Arabian Zakat, Tax and Customs Authority (ZATCA) has introduced new guidelines to clarify VAT audit procedures and ensure better...

Taiwan: Instalment payment for overdue tax cases under enforcement

November 21, 2024

Taiwan’s Ministry of Finance has issued a notice regarding the option of instalment payments for overdue tax cases that have...

Russia to tax cryptocurrency transactions

November 21, 2024

The Russian Ministry of Finance announced that the government has approved proposed amendments to a bill regarding the taxation of...

Estonia: Parliament passes VAT Act amendments, introduces EU small business scheme

November 21, 2024

The Estonian Parliament (Riigikogu) passed Bill No. 462 SE, on 13 November 2024,amending the VAT Act which introduces the legislation...

Colombia: DIAN proposes adjusted tax value unit for 2025

November 21, 2024

The Colombian National Directorate of Taxes and Customs (DIAN) has published a draft resolution proposing to adjust the tax value...

Turkey, Congo sign income tax treaty

November 20, 2024

Turkey’s Revenue Administration has announced that representatives from Turkey and Congo signed an income tax treaty on 14 November 2024....

Singapore publishes response summary on draft GST guide for implementing invoiceNow for GST-registered businesses

November 20, 2024

The Inland Revenue Authority of Singapore (IRAS) has released a summary of responses to the draft e-Tax guide on adopting...

Ireland: Revenue clarifies interpretation of ‘Control’ in updated tax manual

November 20, 2024

Irish Revenue has published eBrief No. 277/24 on 12 November 2024, which includes an update to the Tax and Duty...