Posts by Abdur Rouf

Georgia, Luxembourg sign protocol to amend 2007 tax treaty

July 14, 2025

Georgia and Luxembourg signed their first amending protocol to the 2007 tax treaty on 3 July 2025, with entry into...

Netherlands : Senate approves box 3 Rebuttal scheme

July 14, 2025

The Dutch Senate approved the Box 3 Rebuttal Scheme on 8 July 2025, allowing taxpayers to prove actual returns on...

Ireland updates carbon tax and horticultural relief rates from May 2025

July 14, 2025

The eBrief updates tax guides to reflect revised mineral oil, solid fuel carbon, and natural gas carbon tax rates, including...

UAE: FTA offers penalty waiver for late tax registration

July 14, 2025

The FTA clarified conditions for waiving or refunding penalties for late corporate tax registration, requiring returns or declarations to be...

Romania gazettes form for top-up tax declaration, payment

July 14, 2025

This order was published in the Official Gazette No. 646 on 9 July 2025. Romania’s tax authority has issued Order...

Liechtenstein, Estonia sign income tax treaty

July 11, 2025

Liechtenstein and Estonia signed their first income tax treaty on 10 July 2025, exempting withholding tax on dividends, interest, and...

UK: HMRC launches compliance campaign on directors’ loans

July 11, 2025

HMRC is contacting directors over potentially undeclared released loans, with possible implications for both personal and company tax compliance. The...

Turkey raises withholding tax rates on lira accounts and investment funds

July 11, 2025

The Presidential Decision raises withholding tax rates on income from TRY-denominated deposit and participation accounts and mutual funds.  Turkey’s Revenue...

Turkey consults on draft rules for payment systems

July 11, 2025

The draft communiqué is aimed at regulating physical and virtual payment systems to strengthen tax compliance.  The Turkish Revenue Administration...

Denmark, Faroe Islands sign agreement for automatic exchange of tax information

July 11, 2025

The Danish Tax Agency announced on 8 July 2025 that it signed an agreement with the Faroe Islands to automatically...

Uganda enacts 2025–26 budget measures

July 11, 2025

The changes took effect on 1 July 2025. Ugandan President Yoweri Museveni signed several tax amendment bills into law to...

Spain announces 2024 VAT refund deadline

July 11, 2025

Spanish and EU businesses have until 30 September 2025 to claim VAT and IGIC refunds for 2024, subject to applicable...

Japan, Ukraine tax agreement comes into effect

July 10, 2025

The Ministry of Finance confirmed the 2024 tax treaty with Ukraine will take effect on 1 August 2025.  Japan’s Ministry...

Luxembourg ratifies tax treaty protocol with Argentina

July 10, 2025

Luxembourg ratifies 2024 protocol amending 2019 tax treaty with Argentina through Law of 4 July 2025, published on 9 July...

Korea (Rep.), Kyrgyzstan tax treaty protocol enters into force

July 10, 2025

The Korea (rep.)–Kyrgyzstan tax treaty amending protocol entered into force on 5 July 2025, with key provisions applying from 1...

Russia ratifies new tax treaty with UAE

July 10, 2025

Russia ratified its new income and capital tax treaty with the UAE, which replaces the limited 2011 agreement. Russia has...

Switzerland ratifies tax treaty protocol with Hungary

July 10, 2025

Switzerland ratified the first protocol amending its 2012 tax treaty with Hungary, effective after the exchange of ratification. Switzerland published...

Ecuador, Panama negotiating potential tax treaty

July 10, 2025

Ecuador and Panama met to discuss trade cooperation and a potential income tax treaty.  Ecuador and Panama held a bilateral...