Posts by Abdur Rouf

UAE clarifies VAT obligations on imported services

June 2, 2025

The UAE’s FTA has clarified the VAT treatment of imported services in Public Clarification VATP044, confirming that taxable persons must...

Singapore: IRAS updates GST concession guide for Singapore-listed REITs and business trusts

June 2, 2025

The Inland Revenue Authority of Singapore has updated its e-Tax Guide to clarify GST concession procedures for listed REITs and...

Ireland updates tax registration guidelines for corporation tax, income tax, and other taxes

June 2, 2025

Irish Revenue updates registration guidelines for income tax, corporation tax, PAYE/PRSI, and RCT.  Irish Revenue has published eBrief No. 109/25...

Taiwan clarifies transfer pricing report rules for Tax Year 2024

June 2, 2025

Taiwan’s Ministry of Finance has outlined documentation requirements for 2024 controlled transactions, allowing certain enterprises to submit alternative evidence instead...

Philippines, Hong Kong begin income tax treaty negotiations

May 30, 2025

The Philippines and Hong Kong have held their first round of talks on a bilateral income tax treaty aimed at...

Italy: Council of Ministers approves draft code on registration and indirect taxes

May 30, 2025

 Italy preliminarily approves decree consolidating registration and indirect taxes to simplify compliance, excluding VAT. The Italian Council of Ministers granted...

Qatar approves tax exemption on capital gains from group restructuring

May 30, 2025

Qatar has approved a tax exemption on capital gains from group restructurings, aiming to boost investment, support business growth, and...

Germany plans 10% tax on digital services from tech giants

May 30, 2025

Germany is drafting legislation for a 10% tax on major digital platforms like Google and Facebook.  Germany’s Minister of State...

India: Government restores RoDTEP benefits for AA, SEZ, and EOU exports

May 30, 2025

 India restores RoDTEP benefits for AA, EOU & SEZ exporters from 1 June 2025 to boost competitiveness. The Government of...

Bangladesh to revise tariffs in fy 2025–26 budget ahead of LDC graduation

May 30, 2025

Bangladesh plans to reform its tariff structure in the FY2025–26 budget, reducing duties on medicines and industrial inputs while increasing...

France sets interest rate caps for shareholder loan deductions in Q2 2025

May 30, 2025

The French tax authority has updated the interest rates used to determine the deductibility of interest payments to shareholders for...

Singapore: IRAS issues advance ruling on tax treatment of agreement novation

May 30, 2025

IRAS rules that novation of agreements in group restructuring is a capital, non-taxable transaction. The Inland Revenue Authority of Singapore...

Iran ratifies tax treaty with Bangladesh

May 29, 2025

The agreement between the two nations was signed on 8 October 2022. Iranian President Masoud Pezeshkian signed legislation ratifying the...

UK, Isle of Man: Authorities collaborate to combat tax avoidance and evasion

May 29, 2025

The UK and Isle of Man Treasuries are joining forces to tackle tax avoidance scheme promoters and enhance cooperation. The...

South Africa: SARS clarifies revised carbon offset rules

May 29, 2025

The update modifies the eligibility criteria for renewable energy projects under the carbon offset allowance. The South African Revenue Service...

New Zealand to enhance governance of emissions trading scheme

May 29, 2025

New rules will require detailed reporting from trading platforms and participants, enhancing oversight as part of broader climate reforms. The...

Vietnam introduces tax, financial incentives to promote private growth

May 29, 2025

The National Assembly passed Resolution 198/2025/QH15 on 17 May 2025 introducing the incentives.  Vietnam’s National Assembly passed Resolution 198/2025/QH15 on...

Ireland updates general corporate tax guidance

May 29, 2025

New guidance modifies startup relief (Section 486C TCA) and introduces foreign dividend exemptions (Section 831B TCA), with PRSI-linked caps and...