Posts by Abdur Rouf

Russia, Vietnam sign tax treaty on technical cooperation in tax policy and tax administration

July 1, 2024

The General Department of Taxation of Vietnam and the Federal Taxation Service of the Russian Federation signed a Memorandum of...

Lithuania implements notification rules for Pillar Two global minimum tax

July 1, 2024

Lithuania has published Order No. 2024-11391 on 21 June, 2024, in the Official Gazette, detailing procedures for submitting mandatory information...

Ireland, Jersey reveal amendments to tax treaty protocols

June 28, 2024

Ireland and Jersey amended their tax treaty agreement on 23 November, 2023. The details of the amendments have recently been...

Saudi Arabia, Slovak Republic: Tax treaty comes into effect

June 28, 2024

The Saudi Arabia – Slovak Republic Income Tax Treaty (2023) will become effective starting 1 August, 2024, with provisions generally...

Kazakhstan approves tax treaty with Oman

June 28, 2024

In a move set to boost international economic relations, Kazakh Prime Minister Oljas Bektenov signed Decree No. 404, empowering Finance...

Portugal approves tax reform to boost capital market, affordable housing

June 28, 2024

Portugal’s parliament has passed  a tax reform package designed to invigorate the capital market and promote affordable housing. This legislation,...

Denmark to introduce agricultural carbon tax

June 27, 2024

Denmark unveiled a long-term plan, on 24 June 2024, to restructure its agricultural industry and land use. This plan tackles...

Malaysia updates tax investigation framework

June 26, 2024

The Inland Revenue Board (IRB) of Malaysia has unveiled its updated tax investigation framework for 2024, which includes more comprehensive...

France confirms suspension of tax treaty with Russia

June 26, 2024

France issued a notice in Official Journal No. 0147 on Sunday, 23 June 2024, regarding the partial suspension by the...

Ethiopia revises VAT exemptions

June 26, 2024

Ethiopia’s Ministry of Finance has released Directive No. 1006/2024, which alters VAT exemptions across the country. Effective from 20 June,...

Ukraine ratifies new income tax treaty with Japan

June 26, 2024

Ukraine published Law No. 3774-IX, ratifying a new income tax treaty with Japan regarding the elimination of double taxation with...

Germany publishes final guidance on Tax Haven Defence Act

June 25, 2024

The German Ministry of Finance (MoF) published Letter No. 2024/0299051, outlining principles for implementing the Tax Haven Defense Act on...

Portugal extends deadline for business tax filings

June 25, 2024

Portugal’s Secretary of State for Fiscal Affairs announced a new directive, Order No. 29/2024-XXIV, on 14 June, 2024, granting businesses...

India: GST Council waives interest, penalty on tax demands for FY18–20

June 24, 2024

The Goods and Services Tax (GST) Council approved several compliance measures in its 53rd meeting on 22 June, 2024, aiming...

Turkey reportedly preparing to implement Pillar Two global minimum tax

June 24, 2024

Turkey’s Revenue Administration has reportedly introduced draft legislation featuring measures for the implementation of the Pillar 2 global minimum tax....

Germany approves Act to apply BEPS MLI to nine tax treaties

June 21, 2024

On 14 June 2024, the German Federal Council gave its approval for the Act on the Application of the Multilateral...

Singapore: IRAS publishes the seventh edition of the e-tax guide on transfer pricing

June 21, 2024

On 14 June 2024, the Inland Revenue Authority of Singapore (IRAS) published the Seventh Edition of its e-tax guide on...

Vietnam: Government extends tax payment deadlines in 2024

June 21, 2024

The Vietnam government released Decree No. 64/2024/ND-CP on 17 June 2024, outlining extensions to tax payment deadlines for various taxes...