Posts by Abdur Rouf

Czech Republic passes bill on VAT scheme for small enterprises

November 1, 2024

Czech Republic’s lower chamber of parliament has passed the bill amending the VAT Law on 30 October 2024, aiming to...

South Africa proposes foreign exchange loss rule for non-trading companies

November 1, 2024

The 2024 Taxation Laws Amendment Bill, introduced in South Africa’s Parliament, on 30 October 2024, by allowing them to carry...

Dominican Republic mandates corporate taxpayers to designate responsible individual for tax obligations

November 1, 2024

The Dominican Republic’s General Directorate of Internal Revenue (DGII) has released Notice No. 21-24 on 25 October 2024 outlining the...

Germany: Lower House of Parliament passes Annual Tax Act 2024

November 1, 2024

Germany’s Lower House of Parliament of Germany (Bundestag) passed the Annual Tax Act 2024 on 18 October 2024. The Bundestag...

OECD launches accession process for Thailand

November 1, 2024

The Organisation for Economic Co-operation and Development (OECD) Secretary-General Mathias Cormann has publicly launched the process of Thailand’s accession to...

Switzerland, Kuwait amending tax treaty protocol enters into force

October 31, 2024

The Swiss State Secretariat for International Finance has announced that the protocol amending the 1999 income and capital tax treaty...

Kazakhstan, Iran set to sign tax treaty

October 31, 2024

Kazakhstan issued the Government Resolution dated 18 October 2024 for the signing of an amending protocol to the 1996 income...

Cambodia, Qatar to negotiate income tax treaty

October 31, 2024

Representatives from Cambodia and Qatar conducted the initial round of negotiations for an income tax treaty from 21 to 24...

Bangladesh considers phasing out non-refundable minimum tax

October 31, 2024

The National Board of Revenue (NBR) in Bangladesh is planning to phase out its non-refundable minimum tax system according to...

Dominican Republic unveils rules for enforcing mandatory e-invoicing

October 31, 2024

The Directorate General of Internal Revenue (DGII) of the Dominican Republic has released Notice 20-24 regarding the promulgation of Decree...

Malta publishes guidance for taxation of insurance businesses

October 31, 2024

The Malta Tax & Customs Administration has published a new guidance regarding the taxation of insurance businesses, following the adoption...

France clarifies tax treaty suspension with Russia

October 30, 2024

The French General Directorate of Public Finances published a guidance, on 23 October 2024, for the application of the France...

Canada: Alberta sues Federal Government over carbon tax exemption for heating oil

October 30, 2024

Alberta, Canada’s leading oil-producing province, has sued the federal government over its carbon tax exemption for home heating oil, claiming...

Russia: Upper House approves tax treaty with Abkhazia

October 30, 2024

The Russian Federation Council, upper house of parliament, approved the law for the ratification of the pending income tax treaties...

Oman, Estonia sign tax treaty

October 30, 2024

Oman and Estonia signed an income tax treaty in Muscat on 27 October 2024. The agreement was signed on behalf...

Bangladesh, Uganda to negotiate income tax treaty

October 30, 2024

Representatives from Bangladesh and Uganda met to discuss bilateral cooperation and the need for an income tax treaty on Thursday,...

US, Taiwan to begin tax treaty negotiations

October 30, 2024

The US Department of the Treasury announced, on 29 October 2024, that the US and Taiwan, under the auspices of...

India extends income tax return deadline for AY 2024-25

October 30, 2024

The India’ Central Board of Direct Taxes (CBDT) has announced an extension for filing the return of income for the...