Posts by Abdur Rouf

Germany: MoF unveils draft tax amendment Act 2025

September 9, 2025

Draft law proposes income tax relief, VAT cuts, and simplifications for nonprofits. The German Ministry of Finance released the draft...

Sri Lanka: Cabinet approves delay in VAT for non-resident digital service providers

September 9, 2025

Sri Lanka delays VAT implementation from 1 October 2025 to 1 April 2026 for compliance purposes. Sri Lanka’s Cabinet has...

germany parliament
Germany: Federal Cabinet approves final draft to amend minimum tax Act

September 9, 2025

The law amends the Minimum Tax Act to align it with the latest OECD Pillar 2 GloBE guidelines from December...

Thailand: Cabinet approves bill on Qualified Refundable Tax Credits in Pillar 2 framework

September 9, 2025

The Bill allows promoted companies to receive cash refunds for unused tax credits, which are treated as income for Pillar...

Iraq, Oman sign tax treaty

September 8, 2025

Iraq and Oman sign income and capital tax treaty Iraq and Oman signed the income and capital tax treaty on...

Oman ratifies income tax treaty with Kazakhstan

September 8, 2025

Oman ratifies income tax treaty with Kazakhstan. Oman has issued a royal decree for the ratification of the income tax...

Hong Kong
Hong Kong, Jordan sign income tax treaty

September 8, 2025

The agreement addresses taxation matters between Hong Kong and Jordan, specifically covering Hong Kong’s profits tax, salaries tax, and property...

Turkey issues general communiqué on corporate tax amendments

September 8, 2025

Turkey clarifies corporate tax reductions for certified investments in new Communiqué No. 24. The Ministry of Treasury and Finance issued...

UK: Treasury consults on draft amendments to money laundering regulations

September 8, 2025

The deadline for sending feedback is 30 September 2025. The UK Treasury launched a consultation on 2 September 2025 on...

Malta to introduce 15% minimum tax for MNEs

September 8, 2025

Malta imposes a 15% final tax on large multinationals under new regulations. Malta’s government has issued Legal Notice 188 of...

India cuts GST on solar, wind equipment

September 8, 2025

The GST on solar and wind equipment has been lowered to 5%, reducing project costs. India’s government reduced the GST...

Denmark: Taxation Ministry consults near-zero electricity tax

September 8, 2025

The consultation ends on 11 September 2025.  The Danish Ministry of Taxation launched a public consultation on 4 September 2025...

Tanzania parliament
Tanzania: TRA introduces 16% VAT on B2C online payments

September 8, 2025

The Tanzania Revenue Authority (TRA) has announced that a reduced VAT rate will apply to B2C online purchases made through...

Switzerland signs up for GIR MCAA

September 8, 2025

Switzerland signed the GIR MCAA, joining 15 other jurisdictions to facilitate standardised GloBE information exchange for MNE Groups. According to...

Greece: Prime Minister unveils broad tax cuts across income brackets

September 8, 2025

Greece unveils EUR 1.6 billion 2026 tax cuts for families, youth, and small communities. Greek Prime Minister Kyriakos Mitsotakis announced...

India announces ‘next-generation GST’

September 8, 2025

The aim is to simplify India’s indirect tax framework, improve ease of doing business, and make goods and services more...

Oman ratifies income tax treaty with Bahrain

September 4, 2025

This is the first income tax treaty between the two jurisdictions.  The Sultan of Oman issued the royal decree 62/2025...

Taiwan: Taxpayers may provide a third party’s property as guarantee for applying for writing off the registration of disposal prohibition

September 4, 2025

Taiwan’s tax authorities allow taxpayers to provide third-party assets as collateral to remove a property disposal prohibition. The National Taxation...