Posts by Abdur Rouf

Germany: Bundestag approves draft business tax reform bill

November 23, 2023

On 17 November 2023, the German lower house parliament (Bundestag) passed a bill that seeks to promote economic expansion, stimulate...

Russia: FTS introduce a list of jurisdictions not exchanging CbC reports

November 22, 2023

The Russian Federal Tax Service (FTS) released a list of jurisdictions that have repeatedly failed to exchange Country-by-Country (CbC) reports...

Sweden: Government presented a bill for incorporating the OECD’s global minimum tax

November 22, 2023

On 26 October 2023, the Swedish government presented a bill for incorporating the OECD’s global minimum tax rules (Pillar Two)...

Russia: FTS updates non cooperative Jurisdictions list for CFC purpose

November 22, 2023

On 14 November 2023, the Federal Tax Service (FTS) is in the process of updating its list of jurisdictions that...

Vietnam takes step towards global minimum tax adoption

November 21, 2023

On 10 November 2023, the Vietnam Government declared that the National Assembly is currently deliberating a proposed resolution aimed at...

Russia: MOF publishes tax policy plans for 2024

November 21, 2023

On 2 November 2023, the Ministry of Finance in Russia released a statement regarding the tax policy proposals announced by...

Greece implements public CbC reporting

November 20, 2023

On 14 November 2023, Greece published Law No. 5066/2023 in the Official Gazette implementing public Country-by-Country (CbC) reporting in compliance with...

Germany: Parliament approves draft bill to implement Pillar 2 global minimum tax

November 15, 2023

On 10 November 2023, the lower house of parliament (Bundestag) approved legislation to implement EU Council Directive 2022/2523, which aims...

Singapore Gazettes Order Declaring MCAA-CbC

November 15, 2023

On 6 November 2023, the Singaporean Official Gazette issued Order No. S 714 confirming the effective dates for the Multilateral...

South Africa: SARS issues updated guide on taxation

November 13, 2023

On 1 November 2023, the South African Revenue Service (SARS) issued an updated guide on taxation. This guide providing a...

Lithuania: MoF publishes draft Law on implementation of Pillar 2 Global Minimum Tax

November 9, 2023

On 27 October 2023, the Lithuanian Ministry of Finance (MoF) published a draft law for the partial implementation of the Pillar 2 global...

Albania introduces new income tax framework, bringing significant changes from 2024

November 8, 2023

On 20 September 2023, Albania released Income Tax Instruction No. 26 in the Official Gazette, laying the groundwork for the...

Singapore: IRAS updates list of jurisdictions participating under MCAA-CbC

November 6, 2023

On 30 October 2023, the Inland Revenue Authority of Singapore (IRAS) updated the list of jurisdictions participating under the Multilateral...

Russia: MoF issues guidance on excess profits tax deduction

October 30, 2023

On 13 October 2023, the Russian Ministry of Finance (MoF) issued Guidance Letter No. 03-03-06/1/97405 outlining the process for calculating...

Russia: CBR raises key interest rate to 15%

October 30, 2023

On 27 October 2023, the Central Bank of Russia (CBR) increased its key interest rate from 13% to 15% to...

Slovenia: MoF issues a draft bill to amend the corporate income tax law

October 27, 2023

On 17 October 2023, the Slovenian Ministry of Finance (MoF) issued a draft bill to amend the corporate income tax law....

Greece issues a draft bill on CbC reporting requirements for public consultation

October 25, 2023

On 19 October 2023, the Greek Ministry of Development issued a draft bill for consultation that provides for the introduction of public...

Dominican Republic: DGII publishes updated monthly withholding tax form

October 17, 2023

On 3 October 2023, the Dominican Republic’s Directorate General of Internal Revenue (DGII) published Notice 21-23, introducing enhancements to Form...