Posts by Abdur Rouf

Bahrain ratifies income tax treaty with Oman

June 25, 2025

It will enter into force after the exchange of ratification instruments and will apply from 1 January of the year...

US: Washington expands B&O tax disclosure to cover investment income

June 25, 2025

Washington expands B&O Tax Voluntary Disclosure from July 2025 to cover unreported investment income with penalty relief. Washington State will...

Poland: Council of Ministers approve draft law mandating national e-invoicing system (KSeF) from 2026

June 25, 2025

Poland’s Council of Ministers has approved a draft law mandating phased use of the National e-Invoicing System (KSeF) from 2026,...

Thailand introduces reduced corporate income tax rate to promote SEZ investments

June 25, 2025

Thailand cuts corporate tax rate to 10% for qualifying businesses in Special Economic Zones for ten years under Royal Decree...

Belgium publishes draft XSD schema for Pillar Two top-up tax return

June 25, 2025

Belgium has issued a draft schema outlining how groups should file their Pillar 2 top-up tax return under the new...

China: State Administration of Taxation introduces reporting obligations for internet platform enterprises

June 25, 2025

The rules apply to both domestic and foreign digital platforms that offer profit-generating services within China and apply from the...

Australia: ATO confirms anti-avoidance provisions can apply to early stage investor tax offset scheme

June 25, 2025

The ruling was published in the final tax determination on the early stage investor tax offset scheme. The Australian Taxation...

South Africa: SARS updates tax guide on net billing for renewable energy

June 24, 2025

SARS clarifies tax rules for surplus renewable energy under net-billing system. The South Africa Revenue Service (SARS) released an updated...

Russia: Federal Tax Service clarifies foreign account reporting rules

June 24, 2025

Russia clarifies foreign account reporting rules when countries are removed from its financial data exchange list. The Russian Federal Tax...

Ecuador removes Andorra from tax haven list

June 24, 2025

Ecuador’s SRI removes Andorra from tax haven list effective 16 June 2025 under new resolution. The Ecuador Internal Revenue Service...

Russia expands tax-free zone to bryansk border areas

June 24, 2025

Russia has extended its Free Economic Zone regime to parts of the Bryansk region bordering occupied Ukrainian territories, granting tax...

Malta launches 2025 electronic corporate tax return

June 24, 2025

Malta’s Commissioner for Revenue has made the 2025 electronic corporate income tax return available online, introducing changes related to transfer...

France: Constitutional court to review digital services tax constitutionality

June 24, 2025

France’s Constitutional Court will assess whether the 3% digital services tax breaches constitutional principles, following a referral from the Supreme...

Saudi Arabia extends deadline for retroactive zakat applications

June 24, 2025

Saudi Arabia has extended the deadline for zakat payers to apply the Executive Regulations to prior fiscal years, giving more...

Lithuania: Seimas advances tax reform package to boost defence funding from 2026

June 24, 2025

Tax reforms to fund defence are targeting over EUR 500 million in annual revenue from 2027. The Lithuanian Parliament (Seimas)...

Estonia: Parliament approves permanent tax increases, repeals security tax

June 24, 2025

Estonia will raise income tax and VAT rates from 2025–2026 under new legislation replacing the temporary 2% security tax with...

France: National Assembly ratifies amending protocol to tax treaty with Switzerland

June 20, 2025

France’s National Assembly ratified the fifth amendment to the 1966 tax treaty with Switzerland on 19 June 2025, following Senate...

Estonia: Parliament approves termination of tax treaty with Belarus

June 20, 2025

The bill has now been sent to the President for ratification. The Estonian parliament passed a law to terminate the...