Posts by Abdur Rouf

Kuwait: Ministry of Finance details implementation of domestic minimum top-up tax

July 2, 2025

Kuwait’s Ministry of Finance issued Executive Regulations under Ministerial Resolution No. (55) of 2025 on 29 June 2025, detailing the...

UAE, Serbia trade deal enters into force

July 1, 2025

The UAE–Serbia CEPA entered into force on 1 June 2025, eliminating tariffs on over 95% of traded goods and expanding...

Andorra, Montenegro tax treaty enters into force

July 1, 2025

The Andorra-Montenegro tax treaty introduces new rules on income, capital gains, and withholding taxes, with effect from 1 January 2026....

Ethiopia issues new VAT proclamation on cross-border digital services

July 1, 2025

 Ethiopia now imposes a 15% VAT on nonresident digital service providers, with new registration and compliance rules. Ethiopia’s Ministry of...

Ecuador grants tax amnesty for pre-2025 debts under integrity law

July 1, 2025

Ecuador’s new tax cancels interest and fines on debts before 31 December 2024, if the principal is fully paid by...

Pakistan: National Assembly approves 2025–26 budget

July 1, 2025

Pakistan’s National Assembly has passed the 2025–26 federal budget, introducing key tax reforms, increased allocations for defence and development, and...

UK: Treasury expands scope of Common Reporting Standard (CRS)

July 1, 2025

The new rules expand the scope of the CRS to include electronic money institutions and certain e-money products, exclude most...

Serbia, Germany conclude income tax treaty talks

June 30, 2025

Serbia and Germany have initialled a new agreement to avoid double taxation, updating the decades-old treaty to reflect modern tax...

India, Oman tax treaty protocol enters into force

June 30, 2025

India and Oman have implemented the first amending protocol to their 1997 tax treaty, introducing BEPS-aligned measures, reduced withholding tax...

Romania issues draft form for pillar two top-up tax notification

June 30, 2025

The tax authority released a draft form for notifying and designating entities to handle domestic top-up tax under Pillar Two...

UK-US agreement on reduced car and aerospace tariffs now in force

June 30, 2025

A UK-US trade agreement reducing tariffs on British car and aerospace exports is now in effect, with steel and aluminium...

Taiwan imposes temporary anti-dumping duties on Chinese beer and steel

June 30, 2025

Taiwan will impose four-month anti-dumping duties on Chinese beer and hot-rolled steel to protect its domestic industry. Taiwan’s Ministry of...

Vietnam: National Assembly approves resolution to establish international financial centres (IFCs) in Ho Chi Minh City and Da Nang City

June 30, 2025

Vietnam will establish international financial centres in Ho Chi Minh City and Da Nang from 1 September 2025, offering tax...

Singapore: Customs mandates accurate origin declarations in permit applications

June 30, 2025

Singapore Customs mandates accurate declaration of “Country/Region of Origin” in permit applications, detailing origin criteria under trade agreements and non-preferential...

Singapore: IRAS updates guidance on GST registration based on prospective view

June 30, 2025

IRAS updates GST registration rules, introducing a two-month grace period for businesses forecasting turnover above SGD 1 million from July...

Germany: Bundestag approves EUR 46 billion business tax reform package

June 30, 2025

The tax reform package is aimed at promoting investment and growth through enhanced depreciation, phased corporate tax cuts, EV incentives,...

Luxembourg: Chamber of Deputies ratify income and capital tax treaty with Oman

June 27, 2025

Luxembourg’s Chamber of Deputies approved the ratification of the income and capital tax treaty with Oman on 25 June 2025,...

OECD releases tax administration 3.0 report on digital integration

June 27, 2025

The OECD’s “Tax Administration 3.0” report advocates modernising tax systems by integrating them into taxpayers’ digital systems for improved compliance...