Posts by Abdur Rouf

Taiwan: Customs Administration offers reduced penalties for early tax payment on false import declarations

November 19, 2025

Taiwan’s Customs Administration has announced, on 18 November 2025, that businesses and individuals who submit false import declarations may qualify...

Russia: State Duma approves key tax policy bill, introduces incentives for businesses and individuals

November 19, 2025

Russia’s State Duma approved in its second reading of a bill outlining major directions of the country’s tax policy, incorporating...

UK: HMRC urged large businesses to review of management expenses

November 19, 2025

The UK’s tax authority, HMRC has written to holding companies with overseas subsidiaries urging them to review the tax treatment...

Sri Lanka: IRD reminds taxpayers of VAT deadlines

November 19, 2025

Sri Lanka’s Inland Revenue Department (IRD) issued a notice on 17 November 2025, reminding taxpayers to meet their VAT obligations...

Bangladesh: NBR reminds taxpayers of PIT e-return deadlines

November 19, 2025

Bangladesh’s National Board of Revenue (NBR) has reminded taxpayers to submit their income tax returns through the electronic filing system...

Hungary, Switzerland: Amending protocol to tax treaty enters into force

November 18, 2025

The amending protocol the 2012 income and capital tax treaty between Hungary and Switzerland entered into effect on 16 November...

Jordan, Kuwait sign amending protocol to tax treaty

November 18, 2025

Jordan and Kuwait signed an amending protocol to update the 2001 income tax treaty on 13 November 2025. The protocol...

Lebanon
Lebanon: Ministry of Finance clarifies electronic communication procedures

November 18, 2025

The Ministry of Finance (MoF) has introduced new procedures for taxpayers to communicate with its departments electronically. The decision, dated...

Bulgaria: Council of Ministers approve new tax treaty with Malta

November 18, 2025

The Bulgarian Council of Ministers approved a new tax treaty with Malta on 21 October 2025. The treaty, originally signed...

Qatar ratifies protocol amending tax treaty with Norway

November 18, 2025

Qatar issued a decree on 13 November 2025 approving the amending protocol to its 2009 income tax treaty with Norway....

Netherlands parliament
Netherlands issues new decree on VAT exemption for share transactions

November 18, 2025

The Netherlands has published a new Decree on 15 October 2025 regarding the VAT exemption for share transactions. The Decree...

Lithuania: MoF consults DAC8 tax information exchange rule amendments

November 18, 2025

The Lithuanian Ministry of Finance (MoF) opened a public consultation on 17 November 2025, proposing changes to Order No. VA-114,...

US removes tariffs on New Zealand agricultural products

November 18, 2025

The US has removed tariffs on more than USD 2 billion of New Zealand exports, including beef and kiwifruit, Trade...

Japan: FSA considers defining cryptocurrencies as financial products

November 18, 2025

Japan’s Financial Services Agency (FSA) is planning new regulations that would treat 105 cryptocurrencies, including bitcoin and ethereum, as financial...

Trump administration lifts tariffs on Peruvian agricultural products

November 18, 2025

Peru’s Foreign Trade and Tourism Minister, Teresa Mera, announced that the US has exempted more than 100 Peruvian agricultural products...

Lithuania: Parliament considers higher corporate tax for banks, credit Institutions

November 18, 2025

Lithuania has proposed an amendment to its Corporate Tax Law that would increase the additional tax on banks and credit...

Slovenia to introduce mandatory e-invoicing for B2B transactions from 2028

November 18, 2025

Slovenia has enacted the Act on the Exchange of Electronic Invoices and Other Electronic Documents, published in the Official Gazette...

Corporate tax, Transfer Pricing, Global Trade, Tax Treaty, VAT.
Sweden: MoF proposes automatic exchange of top-up tax information under DAC9

November 18, 2025

The Swedish Ministry of Finance (MoF) submitted a proposal to the Legislative Council, on 13 November 2025, to introduce new...