Posts by Abdur Rouf

India: CBDT extends time of Compulsory e-Filing of WHT Form 10F

March 31, 2023

On 28 March 2023, the Directorate of Income Tax declared that the relaxation granted for the e-filing of Form 10F...

India: Finance bill 2023 passed in the lower house of Parliament

March 31, 2023

On 24 March 2023, the lower house of Parliament (Lok Sabha) passed the Finance Bill 2023 which implements tax proposals...

Vietnam sign MAAC for implement Pillar Two global minimum tax

March 30, 2023

On 22 March 2023, Vietnam signed the Convention on Multilateral Administrative Assistance in Tax Matters (MAAC) to apply international cooperation...

Singapore: IRAS updates list of jurisdictions under CbC reporting

March 30, 2023

On 24 March 2023, the Inland Revenue Authority of Singapore (IRAS) updated the list of countries involved in the automatic...

Sweden proposes implementation of global minimum tax law

March 27, 2023

The Ministry of Finance has issued a memorandum containing suggestions and explanations to supplement the preliminary report on the implementation...

Lithuania proposes a temporary solidarity contribution on the banking sector

March 27, 2023

On 9 March 2023, the Finance Ministry of Lithonia declared a proposal for the introduction of a temporary solidarity contribution...

Russia: Government decide to impose windfall tax on large companies

March 26, 2023

According to announcement from the Minister of Finance of Russia, an agreement has been reached by the Russian government to...

Germany: MoF publishes draft BEPS 2.0 pillar two implementation bill

March 26, 2023

On 20 March 2023, the German Ministry of Finance (MoF) published a draft discussion for the implementation of the global...

Germany gazettes Law regarding CbC reports exchange agreement with US

March 26, 2023

On 15 March 2023, the official gazette of Germany published the Law regarding the ratification of the agreement with the...

Lithuania publishes draft law to transpose public CbC reporting

March 25, 2023

On 7 March 2023, the government of Lithuania issued a draft law to transpose the EU Public Country-by-Country (CbC) Reporting Directive...

Bulgaria proposes windfall tax for all sectors

March 25, 2023

On 17 march 2023, the Ministry of Finance has released a proposal to impose a temporary solidarity contribution across all...

Sweden: Tax Agency declares new e-Service for digital platform operators

March 20, 2023

The Swedish Tax Agency has made an announcement that a newly launched e-service portal is now accessible for the registration...

South Africa announces ten-year extension of R&D tax incentive

March 16, 2023

On 22 February 2023, the Minister of Finance has announced the extension of the section 11D tax incentive for research...

France issues ruling on withholding tax applicable to dividend equivalent payments

March 14, 2023

On 24 February 2023, the French tax authority released two rulings related to the levy of dividend withholding tax on...

Germany gazettes amendment regulation for exchange of CbC reports

March 10, 2023

On 27 February 2023, the German official Gazette issued a regulation amending the list of jurisdictions participating under the Multilateral...

Sweden: Tax Agency Introduces temporary tax on extraordinary profits of electricity producers

March 7, 2023

The Swedish Tax Agency has declared an announcement that tax will be imposed  on excessive profits of electricity producers from...

Greece: Public Revenue Authority publishes frequently asked question on CbC Report

March 7, 2023

On 24 February 2023, the Public Revenue Authority released frequently asked question (FAQ) document  in English providing the elaborate description of...

Germany publishes list of Jurisdictions for Automatic Exchange of Information

February 27, 2023

On 23 February 2023, the German Ministry of Finance has released an updated list of jurisdictions that will receive financial...