Posts by Abdur Rouf

Estonia: Government approves tax treaty with Liechtenstein

September 15, 2025

The agreement will take effect 15 days after the exchange of ratification instruments and will be applicable from 1 January...

Vietnam joins global forum’s Asia initiative as 18th member

September 15, 2025

Vietnam becomes the 18th member, endorsing the Bali Declaration to strengthen tax transparency and resource mobilisation. Vietnam became the 18th...

France simplifies e-invoicing rules

September 15, 2025

France eases e-invoicing and e-reporting rules ahead of the 2026-27 deadline. The French government has announced new simplification and easement...

UK: Finance minister plans tax changes to aid small businesses

September 15, 2025

UK plans tax reforms to boost small business growth. The UK’s finance minister, Rachel Reeves, announced plans to explore reforms...

Peru introduces new income tax regime for agricultural sector

September 15, 2025

The new law aims to encourage investment, enhance competitiveness, and support small producers in Peru’s agricultural sector Peru published Law...

Korea (Rep.): National Assembly reviews proposal to amend international tax adjustment Act

September 15, 2025

The National Assembly is reviewing a bill to update rules under the International Tax Adjustment Act. The Korea (Rep.) National...

Taiwan excludes unrealised foreign exchange gains from corporate tax

September 15, 2025

Unrealised foreign exchange gains and losses are excluded from Taiwan’s corporate income tax Taiwan’s Ministry of Finance announced on 12...

Ukraine parliament
Ukraine: STS clarifies CFC reporting penalties

September 15, 2025

Ukraine requires annual CFC reports, with penalties waived during martial law if filed within six months after it ends. Ukraine’s...

Denmark gazettes consolidated minimum taxation Act in line with OECD guidelines

September 15, 2025

Denmark gazettes consolidated Minimum Taxation Act under Executive Order No. 1089/2025, aligning with OECD guidance and EU Directive 2022/2523 Denmark...

Bahrain: NBR updates guidance on Domestic Minimum Top-Up Tax

September 12, 2025

The guidance clarifies scope, exclusions, and safe harbors. Bahrain’s National Bureau for Revenue (NBR) published an updated guidance on 12...

South Africa: SARS updates official average exchange rates for tax calculations

September 12, 2025

SARS updated average exchange rates for key currencies effective from 3 September 2025. The South African Revenue Services (SARS) released...

Greece enacts tax treaty with UAE

September 12, 2025

Greece ratified the tax treaty with UAE retroactively, ensuring the continued application of their 2010 agreement. Greece enacted Law 5228/2025...

Saudi Arabia: MoF consults multinational regional headquarters rules

September 12, 2025

MoF has initiated a consultation on Regional Headquarters (RHQ) rules set to run from 9 September-9 October, 2025. The Saudi...

Switzerland: National Council extends TBTF bank withholding tax exemption

September 12, 2025

Swiss National Council extends TBTF bank withholding tax exemption to 2031. Switzerland’s National Council approved an extension of the withholding...

EU: Parliament approves simplifications of Carbon Border Adjustment Mechanism

September 12, 2025

European Parliament approves streamlined CBAM rules, exempting most small importers while maintaining coverage of 99% of emissions. The European Parliament...

US,Dominican Republic CbC reporting exchange agreement enters into force

September 12, 2025

Dominican Republic and US begin automatic CbC report exchange. The Dominican Republic’s Directorate General of Internal Revenue (DGII) announced through...

Thailand: Cabinet extends 7% VAT rate until September 2026

September 12, 2025

Normally, the VAT rate is 10% in Thailand, but it was reduced to 7% as part of economic measures after...

germany parliament
Germany: Federal Cabinet approves bill to encourage private investments

September 12, 2025

The draft promotes private investment in infrastructure and renewable energies as well as in smaller enterprises and start-ups (venture capital). ...