Posts by Abdur Rouf

Germany issues guidelines to combat tax havens

June 21, 2024

The German Ministry of Finance has released guidance on implementing the Tax Haven Defense Act, formerly the Act to Prevent...

Vietnam introduces draft law to implement VAT on small value e-commerce imports

June 20, 2024

On 17 June 2024, Vietnam’s Minister of Finance, Ho Duc Phoc, presented the amended draft Law on Value Added Tax...

Ukraine releases updated tax treaty with Cyprus under BEPS MLI

June 20, 2024

The Ukrainian Ministry of Finance has released an updated version of its tax treaty with Cyprus, which includes changes implemented...

Singapore consults on GST guide for adopting InvoiceNow for GST-registered businesses

June 20, 2024

On 12 June 2024, the Inland Revenue Authority of Singapore (IRAS) published a draft e-Tax guide for discussion on the...

Russia issues tax guidance on interest payments to French residents

June 20, 2024

The Russian Ministry of Finance has issued Guidance Letter No. 03-08-05/11484 on 12 February 2024, outlining the taxation of interest...

Greece updates list of jurisdictions under AEOI-CRS

June 20, 2024

The Greek Public Revenue Authority (AADE) has announced an update with the publication of Circular A.1089, issued on 3 June...

Malta implements public CbC reporting directive

June 20, 2024

Malta has implemented public Country by Country Reporting (CbCR) into domestic legislation (Act XVIII of 2024) on 17 May 2024....

Greece extends CIT filing deadline

June 19, 2024

On 13 June 2024, the Greek tax agency announced the new deadline for filing corporate income tax (CIT) returns, this...

Austria: Parliament considers bill to amend tax laws

June 19, 2024

On 12 June 2024, Austria’s lower house of parliament approved Bill No. 2610 dB for consideration. This bill proposes key...

Denmark enacts law aligning tax rules with OECD standards

June 19, 2024

Denmark has enacted Law No. 684, published on 11 June, 2024, introducing amendments to align the Minimum Taxation Act with...

Ecuador: SRI updates 2023 tax compliance report deadlines

June 19, 2024

Ecuador’s Internal Revenue Service (SRI) in a notice, announced an updated annex for the annual tax compliance report for the...

Vietnam initiates consultation on corporate tax law amendment

June 19, 2024

On 12 June 2024, the Vietnamese Ministry of Finance (MoF) launched a public consultation on a proposed amendment to the...

Germany releases draft regulation to implement e-invoicing for domestic B2B transactions

June 19, 2024

On 14 June 2024, Germany’s Federal Ministry of Finance released a draft guidance on the mandatory implementation of electronic invoicing...

Luxembourg: Prime Minister Frieden proposes corporate tax cut

June 13, 2024

Luxembourg Prime Minister Luc Frieden unveiled his government’s strategic fiscal roadmap in the annual State of the Nation Address on...

Germany reportedly considers EUR 11 billion supplementary budget for 2024

June 13, 2024

Germany’s government is reportedly considering a supplementary budget for 2024, allowing for additional spending of up to EUR 11 billion...

Russia: Ministry of Finance clarifies VAT rules for foreign goods sales

June 13, 2024

The Russian Ministry of Finance issued Guidance Letter No. 03-07-08/22634 on 14 March, 2024, providing clarification on VAT calculations for...

New Zealand sets deemed rate of return for foreign investment fund interests for 2023-24

June 13, 2024

On 6 June, 2024, the Inland Revenue Department of New Zealand has declared that the deemed rate of return applicable...

Austria updates list of jurisdictions under AEOI-CRS

June 13, 2024

Austria published a revised list of jurisdictions involved in, and subject to, the automatic exchange of financial account information under...