Posts by Abdur Rouf

Singapore intends to implement BEPS GloBE rules from 2025

February 26, 2023

On 14 February 2023, Singapore announced in its Budget 2023 intending to implement Global Anti-Base Erosion (GloBE) rules under BEPS...

South Africa: Finance Minister delivers Budget 2023-2024 in parliament

February 25, 2023

On 22 February 2023, the South African Finance Minister presented the Budget 2023 in the parliament providing following tax proposals...

Sweden sign MCAA to exchange information with respect to income earned on digital platforms

February 23, 2023

On 2 February 2023, Sweden signed the multilateral competent authority agreement on the automatic exchange of information on income derived...

Germany: Lower house of parliament adopts CbC exchange agreement with USA

February 14, 2023

On 9 February 2023, the German lower house of parliament (Bundestag) has approved a law to ratify the pending agreement...

Sweden: Ministry of Justice propose a bill implementing public CbC reporting

February 14, 2023

On 9 February 2023, the Swedish Ministry of Justice published a press release of proposal implementing the EU directive 2021/221...

Russia: MoF Clarifies Tax Incentives for IT Sector

February 10, 2023

On 1 February 2023, the Ministry of Finance (MoF) of Russia published a Guidance Letter 03-03-06/1/5102 clarifying the application of...

Pakistan presents Tax proposal for Budget 2023/24

February 10, 2023

On 6 February 2023, Pakistan’s Federal Board of Revenue has issued a notice on income tax proposals for Budget 2023-24....

Russia: MoF Clarifies Late Payment Interest in 2023

February 9, 2023

On 27 January 2023, the Ministry of Finance (MoF) of Russia published a Guidance Letter 03-02-07/126954 clarifying the late payment...

Vietnam: MoF launches a public consultation regarding extension of tax payment deadlines

February 8, 2023

The Ministry of Finance (MoF) launches a public consultation on the proposed extension of tax payment time limit for corporate...

Singapore: Ministry of Finance Gazettes Order Declaring MCAA-CbC

February 6, 2023

On 27 January 2023, the Singaporean Official Gazette issued an Order No. S 26, which declares that the Multilateral Competent...

South Africa: SARS updates interest rate tables

February 5, 2023

On 27 January 2023, the South African Revenue Service (SARS) has published updated interest rate tablesĀ . the interest rates tables...

Russia updates the list of foreign states for automatic exchange of CbC reports

February 5, 2023

Recently, the Federal Tax Service of Russia published (Order No. ED-7-17/1226) a new list of foreign states and territories, with...

India: Finance Minister presents Union Budget for 2023-2024

February 4, 2023

On 1 February 2023, Ms. Nirmala Sitharaman, the Finance Minister of India presented the Union Budget for 2023-24 to the...

France: Tax Authority issues new DAC7 guidelines

January 20, 2023

On 11 January 2023, the French Tax Authority has issued guidance, known as BOI-INT-AEA-30, regarding the obligations imposed on platform...

Singapore: IRAS releases guidance on tax treatment of gains or losses from the sale of foreign assets

January 12, 2023

On 8 December 2023, the Inland Revenue Authority of Singapore (IRAS) released an updated e-tax guide on the tax treatment...