Posts by Abdur Rouf

El Salvador: MoF publishes guidance on preferential tax jurisdictions

October 7, 2025

El Salvador lists low- and no-tax jurisdictions for 2026, with related tax rules and treaty guidance. El Salvador’s Ministry of...

Corporate tax, Transfer Pricing, Global Trade, Tax Treaty, VAT.
Sweden: MoF proposes amending targeted interest deduction limitation rules

October 7, 2025

The changes are aimed at adjusting the interest deduction rules to align with EU regulations.  The Swedish Ministry of Finance...

UK: HMRC releases latest R&D tax credit data

October 7, 2025

HMRC reports GBP 7.6bn in R&D tax relief for 2023–24, with SME claims down and RDEC claims up. The UK’s...

Israel consults draft law on domestic top-up minimum tax draft

October 7, 2025

Ministry of Finance initiated a public consultation on draft legislation introducing a domestic top-up minimum tax, set to apply from...

Singapore: IRAS updates guidance on foreign tax credit claims

October 6, 2025

The updated guidance now features a revised eligibility flowchart and provides clearer time limits for claiming a Foreign Tax Credit...

Germany: MOF revises guidance on cross-border tax dispute resolution

October 6, 2025

The key changes in the guidance are aimed at simplifying terminology, clarifying the interaction of dispute resolution mechanisms, and providing...

Ecuador, Romania sign CRS MCAA addendum

October 6, 2025

The two countries signed the addendum on 3 September 2025, updating CRS rules to cover crypto-assets and strengthen reporting and...

Australia: Large companies continue to pay record levels of tax

October 6, 2025

Corporate tax remains high as nil-tax entities decline. The Australian Taxation Office (ATO) has published its annual Corporate tax transparency...

Singapore: IRAS issues ruling on tax treatment of cash premium in REIT securities exchange

October 6, 2025

IRAS clarified tax treatment of REIT securities exchange. The Inland Revenue Authority of Singapore (IRAS) has released Advance Ruling Summary...

Taiwan reminds foreigner taxpayers to file property returns within 30 days

October 6, 2025

The Ministry of Finance reminded foreign nationals to file property tax returns within 30 days of transfer completion. The National...

germany parliament
Germany: MOF consults filing rules for GloBE Information Return

October 6, 2025

Stakeholders are requested to submit feedback on the draft by 6 October 2025. The German Ministry of Finance (MOF) published...

Argentina: ARCA extends deadline for tax payment plan on incorrectly calculated losses

October 6, 2025

ARCA extends the deadline to 28 November 2025 for companies to join the payment plan for incorrectly calculated tax losses,...

Ecuador: SRI updates e-filing rules for large taxpayers

October 6, 2025

Under this resolution, taxpayers must submit their declarations and pay their taxes at the same time, by the statutory due...

iceland
Iceland consults on changes to innovation tax credit law

October 6, 2025

The consultation ends on 13 October 2025. The Icelandic Minister of Finance and Economic Affairs launched a public consultation on...

Hong Kong: IRD extends filing deadline for 2024-25 profits tax returns

October 6, 2025

IRD extended the 2024/25 Profits Tax return filing deadline for ‘M’ code cases. The Hong Kong Inland Revenue Department (IRD)...

Turkey consults Pillar 2 global minimum tax implementation

October 6, 2025

The consultation is set to conclude on 27 October 2025. The Turkish Revenue Administration released a draft General Communiqué for...

UK: HMRC introduces tool to determine qualifying R&D activities for tax relief

October 6, 2025

The tool is designed to check R&D tax relief for eligible projects.  The UK’s HM Revenue and Customs (HMRC) issued...

Portugal hosts 77th Congress of the International Fiscal Association (IFA)

October 6, 2025

The 77th Congress will be held from 5 to 9 October 2025 at the Lisbon Congress Centre (CCL) The global...