Posts by Abdur Rouf

UAE: FTA publishes corporate tax payment user manual

August 8, 2025

The manual is prepared to help registered corporate taxpayers to navigate through the Federal Tax Authority EmaraTax portal and make...

Ireland: Revenue issues guidance on domestic element of EU VAT SME scheme

August 7, 2025

Irish Revenue has issued eBrief No. 153/25 on 5 August 2025 regarding the creation of a new Tax and Duty...

Switzerland clarifies top-up tax treatment of residual tax on distributions

August 7, 2025

Switzerland confirms treatment of residual tax on distributions for top-up tax calculations effective from 1 January 2024. The Swiss Federal...

Korea (Rep.): Chipmakers Samsung and SK Hynix excluded from 100% US tariffs

August 7, 2025

Chip manufacturers Samsung and SK Hynix will be exempted from 100% US tariffs due to local investments and MFN trade...

Taiwan urges taxpayers to observe statutory deadlines for administrative appeals

August 7, 2025

The finance ministry reminded taxpayers to strictly observe statutory deadlines when filing administrative appeals to avoid rejection due to late...

Kazakhstan consults on liquidity criteria for tax exempt securities

August 7, 2025

The consultation ends on 14 August 2025. Kazakhstan launched a public consultation on liquidity criteria for securities traded on its...

Singapore clarifies tax treatment of intercompany loan settlements using promissory notes

August 7, 2025

IRAS confirms that settling intercompany loans via offshore promissory notes does not amount to deemed remittance into Singapore. Singapore’s Inland...

New Zealand proposes special economic zones to boost regional growth

August 7, 2025

The special economic zones (SEZs) are aimed at driving regional investment and growth through targeted tax and regulatory incentives. New...

UK: HMRC publishes internal guidance on multinational, domestic top-up taxes

August 7, 2025

HMRC has published internal guidance on the UK’s Multinational and Domestic Top-up Taxes, aligned with the OECD’s Pillar Two rules....

Kuwait ratifies amending protocol to tax treaty with Tajikistan

August 6, 2025

Kuwait has ratified the amending protocol to its income and capital tax treaty with Tajikistan, following the publication of Decree-Law...

UAE: FTA issues updated guide on private tax clarifications

August 6, 2025

The revised guidance incorporates new provisions and clarifies procedures for submitting clarification requests, including those related to Pillar Two rules...

Singapore: IRAS confirms economic substance exemptions for foreign gains

August 6, 2025

 The two advance rulings confirms that gains from foreign asset disposals are not taxable where economic substance requirements are met....

Oman postpones digital tax stamp phase three to November 2025

August 6, 2025

Oman delays phase three of the digital tax stamp system for soft drinks and energy drinks to 1 November 2025. ...

Ecuador proposes law to tackle irregular capital flows, revise dividend taxation

August 6, 2025

The new law aims to regulate irregular capital flows and introduces revised tax rules on dividends and undistributed profits. Ecuador’s...

Kazakhstan consults on VAT rules for foreign entities

August 6, 2025

The deadline for submitting comments is 18 August 2025. Kazakhstan launched a public consultation on 1 August 2025 regarding draft...

Saudi Arabia: ZATCA urges taxpayers to utilise penalty waiver before 31 December deadline

August 6, 2025

ZATCA’s penalty exemption scheme before it ends on 31 December 2025. Saudi Arabia’s Zakat, Tax and Customs Authority (ZATCA) has...

Japan, Ukraine hold first round of investment pact revision negotiations

August 5, 2025

Japan and Ukraine held their first round of negotiations to revise the 2015 Investment Protection Agreement from 29 to 31...

Congo Republic: Parliament approves tax treaty with Turkey

August 5, 2025

Congo ratified an income tax treaty with Turkey on 2 August 2025 The Parliament of the Republic of Congo ratified...