Posts by Abdur Rouf

France releases updated VAT representative appointment template

August 14, 2024

The French tax authorities have released a revised letter BOI-LETTRE-000082 template for appointing VAT representatives on 7 August, 2024. This...

Uruguay approves tax information exchange agreement with the US

August 14, 2024

Uruguay’s Chamber of Senators approved a tax information exchange agreement with the US on 7 August 2024. Signed on 24...

Colombia clarifies currency requirements for foreign branches of local companies

August 14, 2024

The Colombian tax authority ( DIAN)  has issued Ruling 524 on 8 July 2024, which clarifies the currency regulations for...

Singapore publishes updated e-tax guide on tax deductions for renovation, refurbishment

August 14, 2024

The Inland Revenue Authority of Singapore (IRAS) has released the seventh edition of its updated e-Tax Guide titled “Income Tax:...

Austria generates additional EUR 185 million in tax income from AI

August 14, 2024

The Austrian Ministry of Finance has announced that the use of artificial intelligence has generated approximately EUR 185 million in...

France partially suspends tax treaty with Belarus

August 13, 2024

France issued a notice in the Official Gazette regarding the partial suspension of the 1985 tax treaty between France and...

Russia lowers tax thresholds for monitoring system participation

August 13, 2024

Russia enacted Law No. 259-FZ, published in the Official Gazette on 8 August 2024, which lowers the financial thresholds for...

Ukraine: MCAA for financial data exchange enters into force

August 13, 2024

Ukraine’s Ministry of Foreign Affairs published Letter No. 72/14-612-106482, on 5 August 2024, stating that the Multilateral Competent Authority Agreement...

Greece imposes special levy on gas-fuelled electricity producers for August

August 12, 2024

Greece has implemented a new law imposing a special levy on electricity producers that use natural gas as fuel for...

Montenegro ratifies tax treaty with Luxembourg

August 12, 2024

Montenegro published the law ratifying its pending income tax treaty with Luxembourg in the Official Gazette on 5 August, 2024....

Ireland updates guidance on exchange of information

August 12, 2024

Irish Revenue has released eBrief No. 210/24, on 6 August 2024, which provides updated guidance on information exchange. The Guide...

Ukraine, Mauritius to negotiate first income tax treaty

August 12, 2024

Officials from Ukraine and Mauritius met to discuss strengthening cooperation and agreed to start negotiations for an income tax treaty,...

Andorra ratifies income, capital tax treaty with Lithuania

August 12, 2024

Andorra has announced that it has ratified its income and capital tax treaty with Lithuania in its Official Gazette on...

Kazakhstan enacts VAT exemption for vehicle, machinery sales

August 9, 2024

Kazakhstan has enacted Law No. 119-VIII, effective from 21 July 2024, which provides a VAT exemption on the sale of...

Russia clarifies VAT rules for digital services from non-residents

August 9, 2024

Russia’s Federal Tax Service issued Letter No. 16-18/081555, clarifying VAT obligations for digital services provided by non-residents to Russian entities....

Turkey, Mauritius begin income tax treaty negotiations

August 9, 2024

Turkey’s Revenue Administration announced that the first round of negotiations for an income tax treaty with Mauritius took place via...

South Korea: President reportedly urges National Assembly to scrap financial investment income tax

August 9, 2024

The office of South Korean President Yoon Suk Yeol has reportedly urged the National Assembly to abandon the current plan...

Japan publishes guidance on consumption tax rules for online platforms

August 9, 2024

Japan’s National Tax Agency (NTA) has issued new rules for the collection of consumption tax by online platform operators, which...