Posts by Abdur Rouf

Greece announces initiatives to boost startup investments and mergers

September 23, 2024

The Greek government has announced changes to its Golden Visa programme in an attempt to boost the startup ecosystem and...

Bulgaria consults proposed tax amendments to align with EU laws, enhance VAT administration

September 23, 2024

The Bulgarian Ministry of Finance released proposals for amendments to the various tax legislations for public consultation on 18 September...

Russia updates CbC automatic exchange report list

September 23, 2024

The Russian Federal Tax Service is completing a draft order for an updated list of states and territories for automatic...

Greece ratifies tax treaty with Japan

September 20, 2024

The Greek parliament approved the ratification of the income tax treaty with Japan on 18 September 2024. Signed on 1...

Egypt simplifies tax environment for businesses

September 20, 2024

The Egyptian Ministry of Finance announced a series of initiatives aimed at improving the tax environment for businesses;  introducing a...

Japan updates FAQs on global minimum tax regulations

September 20, 2024

The Japanese tax authority has updated the FAQs regarding the country’s global minimum tax regulations, known as the income inclusion...

Greece abolishes stamp duty, introduces digital transaction tax

September 20, 2024

The Greek government has enacted a new law that removes stamp duty and introduces a digital transaction tax on 16...

Russia updates list of jurisdictions without adequate information exchange for CFC purposes

September 20, 2024

The Russian Federal Tax Service is in the process of completing a draft order that will update the list of...

Taiwan extends reduced securities transaction tax for day trading

September 19, 2024

Taiwan’s Ministry of Finance announced that the Executive Yuan has approved an extension of the reduced Securities Transaction Tax for...

Russia extends foreign currency withdrawal restrictions

September 19, 2024

The Central Bank of Russia (CBR) has extended the restrictions on cash withdrawals of foreign currency for another six months,...

Peru clarifies informative affidavit requirements for transfer pricing compliance

September 19, 2024

The National Superintendency of Customs and Tax Administration (Sunat) released Report No. 000063-2024-SUNAT/7T0000 on 9 September 2024, clarifying issues related...

Turkey revises special consumption tax for certain tobacco products

September 19, 2024

Turkey’s government has introduced changes to the special consumption tax (SCT) rates and fixed tax amounts for certain tobacco products...

Peru postpones new VAT rules for B2C digital services

September 19, 2024

Peru issued Legislative Decree No. 1644 in the Official Gazette on 13 September 2024, postponing the implementation of Legislative Decree...

Switzerland updates list of jurisdictions under MCAA for CbC reporting

September 19, 2024

The Swiss Official Gazette published Decision No. RO 2024 502, which updates the list of participating jurisdictions under the Multilateral...

Lithuania: President approves law to end tax treaty with Russia

September 18, 2024

Lithuania’s President, Gitanas Nausėda, approved a draft law for terminating the 1999 tax treaty with Russia, which was submitted to...

Russia: Central Bank hikes key interest rate

September 18, 2024

The Central Bank of Russia (CBR) raised its key interest rate from 18% to 19% on 13 September 2024. This...

India eliminates windfall tax on crude oil

September 18, 2024

According to a government notification, the Indian government announced the elimination of the windfall tax on crude oil, which had...

UK enacts Budget Responsibility Act 2024

September 18, 2024

The UK Budget Responsibility Act 2024 received royal assent on 10 September 2024. The legislation stipulates that the Office for...