Posts by Abdur Rouf

Moldova: Parliament approves amending protocol to tax treaty with Luxembourg

November 20, 2024

The Moldovan parliament approved a draft law to ratify the amending protocol to the Luxembourg-Moldova Income and Capital Tax Treaty...

Hungary ratifies amending protocol to the income and capital tax treaty with Serbia

November 20, 2024

The President of Hungary has enacted Law No. XLV of 2024, ratifying the amending protocol to the Hungary-Serbia Income and...

India: CBDT launches campaign to ensure accurate disclosure of foreign assets for AY 2024-25

November 20, 2024

The Indian Central Board of Direct Taxes (CBDT) launched a Compliance and Awareness Campaign on Saturday, 16 November 2024, to...

Kazakhstan proposes broadening list of goods eligible for zero VAT rate in SEZs

November 20, 2024

The Ministry of Industry and Construction (MIC) of Kazakhstan has introduced a proposal to broaden the list of goods that...

UK introduces regulations for second late tax penalty

November 20, 2024

The UK government has announced new regulations regarding Penalties for Failure to Pay Tax (Schedule 26 to the Finance Act...

UAE: FTA publishes guide on private clarifications

November 20, 2024

The UAE Federal Tax Authority (FTA) has published a detailed guide on Private Clarifications (Private Clarifications – TPGPC1). The following...

Dominican Republic consults end of tax exemptions on issuance from cheques, electronic transfers

November 20, 2024

The Dominican Republic’s Directorate General of Internal Revenue (DGII), under instructions from the Ministry of Finance, has opened a public...

Vietnam: Ministry of Finance consults draft decree for global minimum tax rules

November 19, 2024

Vietnam’s Ministry of Finance has initiated a public consultation on a draft decree to implement Resolution No. 107/2023/QH15, outlining detailed...

UAE: FTA clarifies review process for disputing tax assessments, penalties

November 19, 2024

The UAE Federal Tax Authority (FTA) has issued Public Clarification TAXP008 on Tax Assessment Reviews, outlining an optional process for...

Germany: MoF publishes draft bill revising participating jurisdictions for MCAA-CbC exchange

November 19, 2024

The German Ministry of Finance (MoF) issued a draft bill proposing updates to the list of jurisdictions participating in the...

Romania, UK sign new income tax treaty

November 18, 2024

Officials from Romania and the United Kingdom signed  a new income and capital tax treaty on 13 November 2024. The...

Moldova, Japan discuss investment, tax treaty

November 18, 2024

Moldova’s Ministry of Foreign Affairs announced that officials from Japan and Moldova met on 12 November 2024, to explore investment...

Lithuania approves draft law to terminate tax treaty with Belarus

November 18, 2024

The Lithuanian government has approved a draft law to terminate the 1995 tax treaty with Belarus on 13 November 2024....

Uruguay, Turkey sign tax treaty

November 18, 2024

Omar Paganini, and the Ambassador of Turkey in Montevideo, Tunca Özçuhadar, signed the Agreement to Eliminate Double Taxation on Income...

Singapore passes Economic Expansion Incentives (Relief from Income Tax) (Amendment) Bill 2024

November 18, 2024

The Singapore Parliament has passed the Economic Expansion Incentives (Relief from Income Tax) (Amendment) Bill 2024, which introduces changes to...

Turkey revises VAT rates for medical products, telecom equipment

November 18, 2024

Turkey revised the VAT rates for medical products, special-purpose foods, and telecommunications equipment and related devices through Presidential Decision No....

Bulgaria to sign CARF MCAA for crypto-asset reporting

November 18, 2024

The Council of Ministers of Bulgaria has approved the signing of the Multilateral Competent Authority Agreement for the Automatic Exchange...

Peru: Congress approves bill to ratify MLI

November 15, 2024

The Economy, Banking, Finance, and Financial Intelligence Committee of the Peruvian Congress approved a bill to ratify the Multilateral Convention...