Posts by Abdur Rouf

Denmark revises regulations for identification, reporting of financial accounts associated with foreign nations

October 13, 2025

Denmark published Executive Order No. 1160/2025 on 2 October 2025, requiring financial institutions to report foreign-linked accounts from 1 January...

Greece, UAE renews tax treaty

October 13, 2025

The new agreement ensures the 2010 tax treaty between Greece and UAE  and its 2013 protocol remain in force. The...

Japan updates guidance on global minimum tax

October 13, 2025

NTA updated its guidance on global minimum tax rules, clarifying calculations and key definitions. Japan’s National Tax Agency (NTA) released...

Dominican Republic: DGII consults VAT withholding rule update

October 13, 2025

This consultation will be open until Friday 12 December 2025.. The Dominican Republic’s General Directorate of Internal Taxes (DGII) has...

Malta issues election form for final income tax without imputation

October 13, 2025

Malta’s Revenue has released the election form for the optional final income tax system, with a 28 November 2025 deadline....

Kuwait ratifies income tax treaty with Qatar

October 10, 2025

The agreement seeks to eliminate double taxation and fiscal evasion between the two nations.  Kuwait issued Decree-Law No. 142 of...

Singapore introduces refundable investment credit regulations

October 10, 2025

Singapore enacts Income Tax (Refundable Investment Credits) Regulations 2025, introducing tax credits of up to 50% for qualifying business investments...

UK: HMRC publishes guidance on mandatory registration under CRS, FATCA

October 10, 2025

HMRC requires reporting financial institutions and trustee-documented trusts to register under CRS and FATCA by 31 December 2025, with CRS...

EU launches infringement procedures against Belgium, France, Malta over small business VAT scheme

October 10, 2025

The European Commission has opened infringement procedures against Belgium, France, and Malta for failing to implement the IT systems required...

Denmark proposes near-zero electricity tax for 2026–2027

October 10, 2025

Bill L 24 proposes cutting the general electricity tax to the EU minimum of 0.8 øre per kWh for 2026...

Greece implements EU small business VAT scheme

October 10, 2025

The measures apply retroactively from 1 January 2025. Greece adopted Law No. 5222, published on 28 July 2025, introducing the...

India parliament
India: NITI Aayog proposes tax clarity for foreign investors

October 10, 2025

The working paper recommends that the Ministry of Finance consider the proposed framework for inclusion in future Finance Bills, following...

France publishes guidance on Pillar 2 global minimum tax

October 10, 2025

France published BOI-IMG guidance regarding the implementation of the 15% global minimum tax for large domestic and multinational groups. The...

Saudi Arabia: ZATCA urges taxpayers to benefit from fines cancellation scheme

October 10, 2025

ZATCA urged taxpayers to use its fines and penalties exemption scheme before 31 December 2025. The Saudi Zakat, Tax and...

Denmark: Parliament reviews bill L 23 to implement EU DAC9

October 10, 2025

The bill proposes amendments to Danish tax laws to align with EU rules on Top-up tax reporting under DAC9, due...

Greece: AADE opens digital applications for special taxation of income

October 9, 2025

From 3 October, new tax residents can apply on myAADE for Greece’s Article 5G special tax regime. The Greek Independent...

Andorra, Estonia sign income and capital tax treaty

October 9, 2025

This is the first income and capital tax agreement between Andorra and Estonia.  Andorra and Estonia signed an income and...

Singapore: IRAS updates e-Tax guide on non-taxation of gains from share disposals

October 9, 2025

IRAS updates e-Tax Guide to expand the non-taxation scheme for share disposal gains from 2026. The Inland Revenue Authority of...