Posts by Abdur Rouf

Luxembourg proposes permanent carried interest tax regime

July 30, 2025

Bill No. 8590 aims to establish a permanent tax framework for carried interest and strengthen Luxembourg’s position in asset management....

Mexico updates list of registered foreign digital service providers

July 30, 2025

Mexico’s July update lists 266 foreign digital providers registered for VAT as of 30 June 2025. Mexico’s tax administration released...

Dominican Republic updates inflation multipliers, exchange rates for FY 2025

July 30, 2025

The Dominican Tax Authority has issued Resolution No. DDG-AR1-2025-00005, announcing inflation adjustments and exchange rates for companies with a fiscal...

Amending protocol to Serbia, Switzerland tax treaty enters into force

July 30, 2025

The protocol, signed on 19 September 2023, will generally take effect from 1 January 2026 and relates to withholding and...

belgium parliament
Belgium, Switzerland sign amending protocol to tax treaty

July 30, 2025

The tax treaty between the two jurisdictions was last amended in 2014.  Belgium and Switzerland signed a protocol in Brussels...

Netherlands clarifies application of ATAD interest deduction limitations

July 30, 2025

The Netherlands has issued a new decree clarifying the application of ATAD interest deduction limitations, effective from 30 July 2025....

Indonesia parliament
Indonesia to increase tax rates on cryptocurrency transactions

July 30, 2025

Indonesia will increase taxes on crypto trades and remove VAT for buyers starting August 2025. Indonesia will increase taxes on...

Russia, UAE tax treaty enters into force

July 29, 2025

The 2025 income and capital tax treaty between Russia and the UAE took effect on 18 July 2025, which replaces...

Colombia launches tax incentives for sports investments

July 29, 2025

The law allows taxpayers to fund recognised sports activities in exchange for tradable income tax credits.  Colombia’s Congress has enacted...

France publishes revised VAT exemption lists for overseas departments

July 29, 2025

France updates VAT exemption lists for overseas departments with region-specific measures effective from March 2025 to December 2027. The French...

Colombia proposes comprehensive tax reforms to stimulate economy

July 29, 2025

The draft bill offers VAT exemptions for hotels and renewable energy, vehicle tax penalty discounts, debt relief for low-income electricity...

Malta gazettes 2025 audit exemption rules for startups, small companies

July 29, 2025

Malta introduces new audit exemptions for startups, micro-enterprises, and shipping companies under the Audit Exemption Rules 2025. Malta has gazetted...

UAE issues depreciation rules for fair valued investment properties

July 29, 2025

The Decision allows depreciation deductions for fair-valued investment properties under new corporate tax rules from 2025. The UAE Ministry of...

Slovenia ratifies 2024 tax treaty with New Zealand

July 28, 2025

Slovenia finalises ratification of its 2024 income tax treaty with New Zealand. The President of Slovenia signed legislation ratifying the...

Oman, Philippines move forward to finalise tax treaty

July 28, 2025

Oman and the Philippines advanced tax treaty talks and signed a visa waiver on 14 July 2025. Officials from Oman...

US, Philippines reach new trade agreement on export tariffs

July 28, 2025

The US and the Philippines have agreed on a trade deal with a 19% tariff on Philippine exports and zero...

Sri Lanka releases consolidated Inland Revenue Act 2025

July 28, 2025

The consolidated version of the Inland Revenue Act reflects the recent legal amendments. The Sri Lankan Inland Revenue Department released...

Ireland clarifies VAT and income tax obligations for social media influencers

July 28, 2025

The Irish Revenue has confirmed that social media influencers must follow standard income tax and VAT rules.  The Irish Revenue...