Posts by Abdur Rouf

Turkey: Revenue Administration cuts late payment, deferred tax interest rates

November 14, 2025

Turkey’s Revenue Administration announced on 13 November 2025 that it had reduced both the monthly interest on late tax payments...

UK: HMRC clarifies which business expenses are deductible when calculating corporate tax

November 14, 2025

The UK’s HM Revenue & Customs (HMRC) issued guidance on 11 November 2025, explaining which business expenses companies can deduct...

Cambodia
Cambodia: Council of Ministers approves amending protocol to tax treaty with Singapore

November 13, 2025

Cambodia’s Council of Ministers approved the protocol to the 2016 income tax treaty with Singapore on 24 October 2025. The...

UAE: MoF to adopt updated Common Reporting Standard 2.0

November 13, 2025

The UAE’s Ministry of Finance (MoF) announced, on 8 November 2025, that the country is committed to implement the updated...

Ecuador: SRI extends October VAT, withholding tax declaration deadlines

November 13, 2025

The Director General of the Servicio de Rentas Internas (SRI) has issued Resolution NAC-DGERCGC25-00000036 on 6 November 2025, extending deadlines...

Lithuania: Parliamentarians propose corporate tax amendments to boost green investments

November 13, 2025

Lithuania’s members of the parliament submitted draft amendments to the Corporate Income Tax Law (Project No. XVP-260) on 11 November...

Mexico gazettes 2026 economic package, e-invoicing reforms

November 13, 2025

Mexico’s government has published a series of decrees introducing the 2026 Federal Revenue Law and extensive reforms to the Federal...

UK: HMRC updates transfer pricing guidance

November 13, 2025

The UK’s HM Revenue and Customs (HMRC) revised its Transfer Pricing Operational Guidance (INTM480000) on 10 November 2025. The update...

Slovenia updates corporate income tax rules for investment funds

November 12, 2025

Slovenia has amended its Corporate Income Tax Act (ZDDPO-2V), with the changes published in the Official Gazette No. 85/2025 on...

Sri Lanka: IRD announces upcoming tax CIT, PIT, IIT deadlines

November 12, 2025

The Sri Lankan Inland Revenue Department (IRD) has released a “NOTICE TO TAXPAYERS“, issuing a gentle reminder to all taxpayers...

Bulgaria: MoF updates transfer pricing rules

November 12, 2025

Bulgaria’s Ministry of Finance (MoF) issued Ordinance H-3 of 7 November 2025, updating the country’s transfer pricing framework to align...

Lithuania: Two-thirds of cash registers reports to VMI

November 12, 2025

Lithuania’s State Tax Inspectorate (VMI) stated on 10 November 2025 that around 75% of cash registers are now transmitting revenue...

UAE: MoF updates administrative penalties for tax violations

November 12, 2025

The UAE Ministry of Finance has issued a consolidated version of Cabinet Decision No. 40 of 2017, which outlines administrative...

UK: HMRC updates guidance on crypto reporting ahead of 2026 rules

November 12, 2025

The UK tax authority, His Majesty’s Revenue & Customs (HMRC), has revised its guidance on the Crypto Asset Reporting Framework...

Taiwan: MoF clarifies inheritance tax rules for farmland in self-benefit trusts

November 12, 2025

Taiwan’s Southern District National Taxation Bureau of the Ministry of Finance stated that if the settlor of a self-benefit trust...

Montenegro: Government approves signing of new income tax treaty with Spain

November 11, 2025

Montenegro’s government approved the signing of a new income tax treaty with Spain on 7 November 2025. The treaty seeks...

Cambodia
Cambodia: Council of Ministers approves income tax treaty with Philippines

November 11, 2025

Cambodia’s Council of Ministers approved the income tax treaties with the Philippines on 24 October 2025. The Philippines and Cambodia...

New Zealand: Government updates film rebate to attract global productions

November 11, 2025

The New Zealand Government has announced on 7 November 2025 targeted updates to the International Screen Production Rebate to strengthen...