Posts by Abdur Rouf

Ecuador updates dividend tax rules and NPO reporting requirements

September 4, 2025

Ecuador revises dividend taxes and non-profit reporting rules, effective 22 August 2025. Ecuador has introduced new rules on dividend taxation...

UK: Budget scheduled for 26 November 2025

September 4, 2025

UK’s Chancellor sets Budget for 26 November, highlighting key economic and social measures. Today, Wednesday 3 September, UK Chancellor Rachel...

Colombia updates CERT rules for exports

September 4, 2025

Colombia’s Decree 0952 clarifies CERT calculations, extends deadlines and updates operational rules for exporters. Colombia’s government issued Decree No. 0952...

Zambia introduces 1% minimum tax, raises withholding tax on government bonds

September 4, 2025

Zambia’s 2025 tax update introduces a 1% turnover tax and raises government bond withholding tax to 20%. Zambia passed the...

UAE: FTA emphasises the need to retain records and documentation to ensure accuracy of tax return information for taxable persons subject to corporate tax

September 4, 2025

FTA urges all taxable and exempt persons to retain records for seven years and submit corporate tax returns and payments...

Uruguay: 2025–29 budget bill proposes new domestic minimum tax

September 4, 2025

Uruguay’s 2025–29 Budget Bill proposes a new domestic minimum tax for large multinational groups, effective 2027. Uruguay’s 2025–2029 Budget Bill,...

Zambia: Supreme Court rules in ZRA v. Nestlé transfer pricing case

September 4, 2025

Zambia’s Supreme Court upholds ZRA’s transfer pricing audit on Nestlé Zambia, confirming low-risk distributor status and reinstating a ZMW 13.8...

Liechtenstein: Government approves tax treaty with Estonia

September 3, 2025

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

India to cut GST on consumer goods and hybrid cars

September 3, 2025

 India plans to cut GST on 175 products, including consumer goods, small cars, and export items, to boost domestic consumption...

Peru to implement BEPS multilateral instrument

September 3, 2025

Peru will implement the BEPS Multilateral Instrument from 1 October 2025, with application to tax treaties depending on counterparties’ ratifications....

New Zealand: IR initiates consultation on shortfall penalty guidance updates

September 3, 2025

The deadline for sending comments in 31 October 2025. New Zealand’s Inland Revenue (IR) has launched a consultation on 29...

India parliament
India: Trump says zero tariffs offered on US goods

September 3, 2025

India offers to cut tariffs on US goods to zero, Trump calls trade “one-sided.” US President Donald Trump said on...

Ireland: Revenue issues revised guidance on engaging experts for R&D tax credit audit

September 3, 2025

Irish Revenue updates guidance on appointing independent experts for R&D tax credit audits, reflecting the new panel effective 8 August...

Portugal approves registration form for Pillar 2 regime

September 3, 2025

Portugal issued Form 62 for the GMT regime, requiring filings from covered multinational and large domestic group entities with defined...

Japan, Serbia hold second investment agreement talks

September 1, 2025

Japan and Serbia held their second round of investment agreement talks via video conference on 27 August 2025 and agreed...

France, Peru finalise tax treaty negotiations

September 1, 2025

Peru’s Ministry of Foreign Affairs announced that France and Peru have completed negotiations on a tax agreement. Peru’s Ministry of...

France updates shareholder interest deductibility rates

September 1, 2025

The New maximum deductible interest rates are published for fiscal years ending between 30 June and 29 September 2025. The...

EU moves to cut tariffs under trade deal with US

September 1, 2025

These steps contribute to restoring stability and predictability in EU-US trade and investment relations, to the benefit of business, workers...