Posts by Abdur Rouf

Bangladesh approves US wheat purchase amid trade talks

October 9, 2025

Bangladesh approves 220,000 tons of US wheat to boost trade ties and diversify supplies. Bangladesh has authorised the purchase of...

Sri Lanka delays VAT on non-resident digital services

October 9, 2025

Sri Lanka delays VAT on digital services by non-resident providers to April 2026. The Sri Lankan Inland Revenue Department (IRD)...

South Africa signs up for GIR MCAA

October 9, 2025

South Africa has signed the GIR MCAA, becoming the 21st jurisdiction to align multinational reporting with the OECD’s GloBE Rules.....

Ireland: Revenue outlines VAT rollout for digital age (ViDA) measures

October 9, 2025

The compulsory e-invoicing and real-time VAT reporting are intended to comply with the EU VAT in the Digital Age (ViDA)...

Kazakhstan
Kazakhstan: MoF approves new CFC reporting, taxation forms for 2026

October 9, 2025

Ministry of Finance introduced new forms for reporting and taxing Controlled Foreign Companies, effective 1 January 2026. Kazakhstan’s Ministry of...

Kazakhstan approves new rules for taxable income of second-tier banks

October 9, 2025

The new regulations are designed for calculating second-tier banks’ taxable income, effective 1 January 2026. Kazakhstan’s Ministry of Finance and...

Donald Trump, USA
US: Trump to postpone implementation of 25% tariff on trucks by one month

October 8, 2025

The tariff was initially announced as part of a broader package of import duties unveiled last month, aimed at strengthening...

Brazil updates Contribution on Net Profit rules, aligns with QDMTT under Pillar 2

October 8, 2025

Brazil updated CSLL rules to align with Pillar 2 QDMTT, retroactively effective from 1 January 2025. Brazil’s Federal Revenue Service...

Russia: SMEs in the hotel industry to receive over RUB 85 billion in government support until 2030

October 8, 2025

Russia plans to channel over RUB 85 billion to nearly 2,500 hotel SMEs by 2030 through the National Guarantee System,...

Denmark updates platform reporting rules under DAC7, DAC8

October 8, 2025

Danish Official Gazette issues Executive Order 1159/2025 updating platform reporting rules under DAC7 and DAC8, introducing ID service use and...

US: Treasury, IRS provide penalty relief for remittance transfer providers who fail to deposit excise tax under the OBBB

October 8, 2025

The US Department of the Treasury and the IRS have issued Notice 2025-55, granting limited penalty relief to remittance transfer...

Ireland: Revenue updates 2024 income tax return guidance

October 8, 2025

Revenue issues eBrief with updates on non-resident landlords, PRSA contributions, and PRSI exemptions. The Irish Revenue published Revenue eBrief No....

Denmark expands CbC reporting requirements

October 8, 2025

Denmark expanded CbC reporting, requiring full entity details from 1 January 2028. The Danish government has published Executive Order No....

Ireland presents 2026 Budget, proposes increased R&D tax credits

October 8, 2025

Minister for Finance Paschal Donohoe said the Budget aims to boost productivity, protect jobs, and strengthen Ireland’s economic foundations. Ireland’s...

Liechtenstein: Parliament ratifies income and capital tax treaty with Estonia

October 7, 2025

The treaty will take effect 15 days after the exchange of ratification documents and apply from 1 January of the...

Slovak Republic parliament
Slovak Republic: MoF launches six-month tax amnesty period

October 7, 2025

The Finance Ministry unveils a six-month tax amnesty, excluding arrears settled before 2026. The Slovak Republic’s Ministry of Finance has...

Sweden adopts stricter F-tax measures

October 7, 2025

Companies, including foreign entities, that fail to comply with green technology refund obligations or provide essential tax data may face...

Singapore: IRAS updates e-Tax guide on variable capital companies

October 7, 2025

The e-Tax Guide outlines the tax framework applicable to VCCs and is intended for individuals or entities involved in incorporating,...