Posts by Abdur Rouf

Macau authorises AEOI signing with Hong Kong

August 28, 2024

Macau authorised the signing of an agreement with Hong Kong for the automatic exchange of tax information on financial accounts...

Hong Kong updates lists of qualifying debt instruments

August 28, 2024

The Hong Kong Inland Revenue Department (IRD) has released updated lists of Qualifying Debt Instruments (QDIs) as of 30 June...

Belarus, China sign FTA

August 28, 2024

Belarus and China have signed a free trade agreement – strengthening cooperation in a range of sectors including trade, security,...

New Zealand revises emission trading scheme

August 27, 2024

New Zealand’s Climate Change Minister Simon Watts announced that the government has updated its Emission Trading Scheme (ETS) to better...

Venezuela grants one-year income tax exemption for cooperative associations

August 27, 2024

Venezuela’s Official Gazette published Decree No. 4.976, introducing a one-year income tax exemption for cooperative associations on income earned within...

Ireland updates tax manual on employer-provided vehicles

August 27, 2024

Irish Revenue updated the tax and duty manual on employer-provided vehicles detailing the tax implications when an employer provides a...

Turkey, Zimbabwe conclude second round tax treaty negotiations

August 27, 2024

Turkey and Zimbabwe concluded a second round of negotiations for a Double Taxation Avoidance Agreement at Ankara from 19 to...

Ecuador clarifies invoice, VAT rules for land transport services

August 27, 2024

Ecuador’s Internal Revenue Service (SRI) has issued Circular NAC-DGECCGC24-00000005 on 15 August 2024, clarifying the requirements for invoices and receipts...

Denmark, Greenland sign amending protocol to tax treaty

August 27, 2024

Denmark and Greenland have signed an amending protocol to update the Denmark-Greenland Income Tax and Mutual Assistance Treaty (1979) on...

Switzerland adopts partial revision of the ordinance governing VAT

August 27, 2024

The Swiss Federal Council adopted a partial revision of the Value Added Tax Ordinance (VAT) on 21 August 2024. It...

Italy: Country File of transfer pricing documentation must be submitted in Italian

August 22, 2024

The Italian Revenue Agency issued its response to Ruling No. 174 on 21 August 2024, clarifying that the Italian the...

UAE raises awareness about corporate tax compliance

August 22, 2024

UAE’s Federal Tax Authority (FTA) intensified its awareness activities and events this year, organised to highlight the importance, objectives, procedures,...

Germany publishes draft law to amend global minimum tax

August 22, 2024

The German Ministry of Finance has released a discussion draft for a proposed amendment to the law implementing Council Directive...

Bulgaria adopts euro as national currency

August 22, 2024

Bulgaria published the law for the introduction of the euro in the Official Gazette, on 20 August 2024, paving the...

Singapore updates CbC reporting jurisdictions, adds Ukraine

August 21, 2024

The Inland Revenue Authority of Singapore (IRAS) has revised the list of jurisdictions for exchanging Country-by-Country (CbC) reports under the...

Singapore: IRAS publishes new corporate income tax FAQs

August 21, 2024

The Inland Revenue Authority of Singapore (IRAS) published new FAQs on their website on 19 August 2024. The FAQs address...

Oman introduces incentives to develop capital market

August 21, 2024

Oman’s Financial Services Authority (FSA) has launched the Capital Market Incentive Programme (CMIP), on 11 August 2024, aimed at enhancing...

Turkey approves free trade agreement with Ukraine

August 20, 2024

Turkey has approved the free trade agreement with Ukraine, according to the country’s official gazette No. 32620 on 2 August...