Posts by Abdur Rouf

Turkey clarifies electronic notification rules in tax procedure law

September 30, 2024

Turkey’s Ministry of Treasury and Finance has clarified taxpayers’ obligations under the Electronic Notification Process in the Tax Procedure Law...

Ecuador mandates new reporting requirements for final beneficiaries and corporate composition

September 30, 2024

Ecuador’s Internal Revenue Service (SRI) has introduced Resolution NAC-DGERCGC24-00000033, outlining the Report of Final Beneficiaries and Corporate Composition (REBEFICS) requirements....

Botswana extends filing deadlines for annual withholding, individual income tax returns

September 26, 2024

The Botswana Unified Revenue Service (BURS) issued a public notice, announcing extensions for key tax filing deadlines on 24 September...

Japan, UAE initiates negotiations for CEPA

September 25, 2024

Japan’s Ministry of Foreign Affairs announced that it has launched negotiations with Japan for a comprehensive economic partnership agreement (CEPA)...

Ukraine to align tax legislation with OECD standards

September 25, 2024

Representatives of the Ministry of Finance of Ukraine and State Tax Service of Ukraine announced that the country will align...

Ireland releases pre-filing notification forms for R&D corporation tax credit

September 25, 2024

Irish Revenue has published eBrief No. 239/24, announcing the release of pre-filing notification forms for the R&D Corporation Tax Credit...

Singapore recognises MCAA-CbC international tax compliance agreement with Ukraine

September 25, 2024

Singapore has officially recognised the Multilateral Competent Authority Agreement (MCAA) on the Exchange of Country-by-Country (CbC) Reports with Ukraine as...

UK: HMRC issues new guidance for non-UK companies involved in property sector

September 24, 2024

The UK tax authority, His Majesty’s Revenue and Customs (HMRC), has released new guidance for non-UK resident companies involved in...

Russia clarifies VAT repayment rules for simplified tax system transition

September 24, 2024

The Russian Ministry of Finance (MoF) has announced updates regarding VAT repayment rules for legal entities and individual entrepreneurs transitioning...

Spain: Council of Ministers approve crypto-asset reporting framework

September 24, 2024

The Spanish Council of Ministers approved a draft bill to implement the Amending Directive to the 2011 Directive on Administrative...

Singapore, Rwanda sign protocol to amend tax treaty

September 24, 2024

Singapore and Rwanda have signed an amending protocol to the “Government of the Republic of Singapore and the Government of...

Estonia ratifies income tax treaty with Qatar

September 23, 2024

Estonia ratified a tax treaty with Qatar, the Act was published in the Official Gazette on 18 September 2024. It...

Oman, Philippines negotiate income tax treaty

September 23, 2024

The Philippine News Agency reported that negotiations are currently in progress for an income tax treaty between Oman and the...

Thailand extends reduced VAT rate until 2025

September 23, 2024

Thailand’s Cabinet approved a resolution extending the reduced 7% VAT rate on imports, sale of goods, and provisions of services...

Taiwan issues guidance on foreign tax credit evidence requirements

September 23, 2024

The National Taxation Bureau of Taipei, Ministry of Finance, stated that for any profit-seeking enterprise having its head office within...

Germany: Tax revenue grows 5.3% in August

September 23, 2024

Germany’s federal and state governments’ tax revenue rose 5.3% in August when compared to the same month last year, said...

Malta updates income tax deduction rules for capital expenditure on intellectual property

September 23, 2024

The government of Malta has issued a legal notice revising the local rule on deductions for capital expenditure related to...

Malta expands VAT exemption for healthcare

September 23, 2024

The government has released a legal notice 228 of 2024 designating services by dental technicians, psychotherapy and counselling professions as...