Posts by Abdur Rouf

Ecuador updates transfer pricing report guideline, introduces new penalties

June 13, 2024

The Internal revenue service (SRI) has issued “Resolution No. NAC-DGERCGC24-00000020” in the Ecuadorian Official Gazette on 28 May, 2024, which...

Oman Tax Authority extends CRS report deadline

June 12, 2024

The Oman Tax Authority has declared that the deadline for submitting reports under the Common Reporting Standard (CRS) for the...

Japan, Kyrgyzstan considers negotiating tax treaty

June 12, 2024

As per a statement from the Ministry of Economy and Commerce of Kyrgyzstan, representatives from Japan and Kyrgyzstan met on...

Colombia issues resolution on international tax information exchange

June 12, 2024

Colombia’s tax authority (DIAN) has released Resolution No. 000096 on 31 May, 2024, providing an update on the exchange of...

Austria, Russia suspends tax treaty

June 12, 2024

Austria’s Ministry of Finance has issued a new Decree, on 30 May, 2024, superseding a previous Russian notice from December,...

New Zealand enacts Taxation (Budget Measures) Act 2024

June 12, 2024

On 4 June, 2024, New Zealand enacted the Taxation Act 2024 , bringing tax relief to many sectors, primarily for...

Singapore: MoF launches public consultation on new multinational enterprise tax bill, income tax amendments

June 11, 2024

On 10 June 2024, The Ministry of Finance (MOF) announced a public consultation on the proposed Multinational Enterprise (Minimum Tax)...

Saudi Arabia clarifies dispute resolution for zakat, tax, customs

June 11, 2024

The Saudi Zakat, Tax and Customs Authority (ZATCA) has issued new guidelines outlining how to resolve disputes between taxpayers and...

Luxembourg approves amendments to Pillar Two tax rules

June 11, 2024

On 5 June, 2024, the Luxembourg Government Council approved a draft law to amend the Law of 22 December 2023....

Ivory Coast, Korea (Rep.) fast-track tax treaty talks

June 11, 2024

Representatives from Ivory Coast and South Korea convened on 3 June, 2024, to enhance their bilateral ties, focusing on expediting...

Switzerland ratifies tax treaty with Slovenia

June 11, 2024

The Swiss Council of States, the upper house of parliament, approved the ratification of the 1996 income and capital tax...

Ukraine: Parliament ratifies income tax treaty with Japan

June 11, 2024

The Ukraine parliament has approved the ratification of the pending income tax treaty with Japan on 5 June, 2024. It...

Pakistan to unveil 2024-25 budget tomorrow

June 11, 2024

Pakistan’s coalition government is set to unveil fiscal targets in the 2024-25 budget tomorrow, 12 June 2024, which aims to...

Pakistan, Kuwait formalises MOU on avoidance of double taxation

June 10, 2024

Pakistan and Kuwait have agreed to formalise Memorandum of Understandings (MoUs) for collaboration in various areas. During the 5th Session...

Greece announces 2024 CbC report exchange partners

June 10, 2024

On 30 May 2024, the Greek Public Revenue Authority (AADE) has released Circular A.1083, dated 21 May 2024, outlining the...

Lithuania: Government approves state defence fund and tax increases

June 10, 2024

The Lithuanian government has approved a resolution to establish the State Defense Fund, accompanied by several tax increases. The measures,...

Czech Republic, UAE ratifies income tax agreement

June 10, 2024

The Czech Ministry of Finance, recently ratified the tax treaty with the United Arab Emirates. Effective starting 29 May 2024,...

Dominican Republic extends CbC reporting deadline to 30 August 2024

June 10, 2024

The Dominican Republic’s General Directorate of Internal Revenue (DGII) issued Notice No. 10-24, on 31 May, 2024, extending the deadline...