Posts by Abdur Rouf

Mexico updates criteria for temporary import of ‘sensitive goods’ under 8th rule

May 23, 2024

The Ministry of Economy in Mexico has revised its guidelines for the temporary importation of “sensitive goods” under the “8th...

Bangladesh: Government likely to announce tax rates for companies and individuals in advance

May 23, 2024

The Bangladeshi government is rumoured to be considering announcing income tax rates for individuals and companies in advance, ahead of...

Bangladesh rumoured to reintroduce black money amnesty with 15% tax in FY25

May 23, 2024

A special opportunity to legalise undisclosed money is expected to return in FY25 in Bangladesh after a four-year hiatus. The...

Taiwan publishes CFC rules for foreign residents

May 23, 2024

Taiwan’s Ministry of Finance has released a notice regarding the application of Controlled Foreign Company (CFC) rules to foreign residents...

Germany: Bundestag approves legislation to prevent BEPS

May 23, 2024

The German Bundestag approved an act concerning the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion...

EU Council approves levy on frozen Russian assets to fund Ukraine’s military

May 23, 2024

The Council of the EU approved a measure that effectively imposes a levy on the proceeds from frozen Russian assets...

Bangladesh announces tax incentives for exporters and asset managers

May 22, 2024

The Bangladesh National Board of Revenue (NBR) has announced a series of tax incentives aimed at encouraging exports and enhancing...

Iceland proposes capital gains exemption for non-residents

May 21, 2024

The Icelandic parliament is considering a draft bill that aims to introduce change in its taxation policy. If passed, this...

Vietnam’s Ministry of Finance proposes tax reforms for 2024

May 21, 2024

The Ministry of Finance in Vietnam is taking steps to improve the economy and support taxpayers. A draft resolution has...

Germany and South Africa sign updated income and capital tax treaty protocol

May 21, 2024

Germany and South Africa signed a new protocol to amend their 2008 income and capital tax treaty on 6 March,...

Bosnia and Herzegovina adopts new tax ruling regulations

May 21, 2024

The Ministry of Finance of the Federation of Bosnia and Herzegovina (FBiH) has adopted new regulations and procedures for advance...

Singapore: IRAS provides direction on GloBE rules and domestic top-up tax implementation

May 20, 2024

The Inland Revenue Authority of Singapore (IRAS) has released directives regarding the Global Anti-Base Erosion (GloBE) Rules and Domestic Top-up...

Lithuania and San Marino sign tax treaty agreement

May 20, 2024

Officials from Lithuania and San Marino have finalised an income tax treaty on 17 May, 2024. This agreement, a first...

Austria releases synthesised text of tax agreement with Mexico

May 20, 2024

The Austrian Ministry of Finance has released a synthesised text of its tax treaty with Mexico, incorporating provisions from the...

Bulgaria and Malta approve revised income tax treaty

May 20, 2024

The caretaker government of Bulgaria approved an amendment to the draft income tax treaty with Malta, authorising the Minister of...

Albania and Croatia’s social security agreement comes into effect

May 20, 2024

In a step towards enhancing bilateral relations, Albania and Croatia have officially enacted their first social security agreement Notice No....

Montenegro-Romania social security agreement to be enforced from 1 June 2024

May 17, 2024

The bilateral social security agreement between Montenegro and Romania is slated to come into force on 1 June, 2024.  Signed...

Saudi Arabia approves tax treaty with Slovak Republic

May 17, 2024

The Saudi Cabinet gave its stamp of approval for the ratification of the income tax treaty with the Slovak Republic...