Posts by Abdur Rouf

Ireland updates guidance on relief from stamp duty and property transfers for associated companies

May 30, 2024

The Irish Revenue has released eBrief No. 142/24 on 21 May, 2024, which provides an updated guidance on the associated...

Cambodia and France conduct second phase of tax treaty talks

May 29, 2024

Cambodian and French officials recently held a second round of negotiations for an income tax treaty from 23–25 April, 2024....

OECD updates guidelines on dividend treatment in CbC reporting

May 29, 2024

The OECD has issued updated guidelines on Country-by-Country (CbC) reporting, focusing on the treatment of dividends within the “profit (loss)...

Peru and Switzerland begin talks to revise tax treaty in accordance with OECD standards

May 29, 2024

Peru and Switzerland officials are set to commence talks on 3–6 June, 2024, aiming to amend their 2012 tax treaty...

Russia proposes progressive tax for corporations, wealthy individuals

May 29, 2024

Russia’s finance ministry has put forth proposals for significant tax changes, including a progressive income tax structure for higher earners...

Ireland releases new guidelines on employment status for tax purposes

May 29, 2024

The Irish Revenue has released eBrief No. 140/24 which provides new guidance on how to determine employment status for tax...

Germany approves Act to facilitate MLI application

May 29, 2024

The German lower house of parliament (Bundestag) approved a new Act to facilitate the application of the Multilateral Convention to...

Austria, Chile lowers withholding taxes following treaty update

May 29, 2024

Austria amended its 2012 tax treaty with Chile on 16 May, 2024. The amendments, effective 1 January 2017, will reduce...

Korea (Rep.) to unveil detailed tax incentives for corporate reforms, semiconductor industry

May 28, 2024

South Korea’s finance minister, Choi Sang-mok, announced plans of introducing detailed tax incentives as part of corporate reforms aimed at...

Scholz and Macron call for urgent EU reforms to boost competitiveness

May 28, 2024

German Chancellor Olaf Scholz and French President Emmanuel Macron, in a joint Financial Times op-ed, urged the European Union to...

Bangladesh, Japan negotiates trade deal

May 28, 2024

Bangladesh and Japan have initiated negotiations for a trade deal to ensure continued duty-free export benefits post the Least Developed...

Bangladesh considers ending tax breaks for investors of infrastructure projects

May 28, 2024

The Bangladeshi government is reportedly in consideration of ending a decade-long tax break programme for investors of new physical infrastructure...

Bangladesh debates cashless tax policy change

May 28, 2024

Bangladesh is reportedly considering a tax policy change to promote cashless transactions. Listed companies on the capital market with less...

Luxembourg ratifies first income and capital tax treaty with Cape Verde

May 28, 2024

Luxembourg has announced the publication of the “Law of 22 May 2024” in the Official Gazette, ratifying the pending income...

European Commission releases May 2024 infringements package

May 28, 2024

The European Commission unveiled its May 2024 infringements package on 23 May, 2024, detailing legal actions against several EU member...

Bangladesh possibly faces shortfall in tax collection target

May 27, 2024

Bangladesh’s National Board of Revenue (NBR) is likely to miss its ambitious tax collection target for the fiscal year 2023-24,...

Bangladesh may cut tax on essential food supplies

May 27, 2024

In an effort to combat rising food prices, the Bangladeshi government is said to be considering reducing source tax on...

Singapore announces phased implementation of InvoiceNow requirement for GST-registered businesses

May 27, 2024

The Inland Revenue Authority of Singapore (IRAS) announced on 15 April, 2024, the adoption of InvoiceNow, a system for transmitting...