Posts by Abdur Rouf

Peru considers temporary reduction of standard VAT rate

May 29, 2025

The reduced VAT rates will apply to natural and legal persons engaged in business activities across any productive sector and...

India: CBDT extends income tax return deadline for AY 2025–26

May 29, 2025

It has been extended from 31 July to 15 September, 2025. The Indian Central Board of Direct Taxes (CBDT) announced...

Kyrgyzstan ratifies amending protocol to tax treaty with Korea (Rep.)

May 28, 2025

Kyrgyzstan ratified the protocol on 22 May 2025 Sadyr Japarov, Kyrgyzstan’s President, signed the law for the ratification of the...

Denmark updates VAT deduction timing, effective from July 2025

May 28, 2025

Businesses may claim VAT deductions up to six months after the supplier’s invoice date, within the VAT return currently due....

Dominican Republic: DGII sets 2025 inflation multipliers, exchange rates

May 28, 2025

The tax authority issued new inflation and exchange rate adjustments for the fiscal year ending March 2025. The Dominican Republic’s...

Russia: Government proposes extension of 0% VAT rate for hotels, temporary lodging services

May 28, 2025

The proposed extension will continue the rate until 31 December 2030. The Russian Government announced plans to extend the 0%...

Switzerland, UAE DTA second protocol enters into force

May 27, 2025

The amended Switzerland-UAE income tax treaty took effect on 5 May 2025, following the signing of the amending protocol to...

Ivory Coast: National Assembly ratifies income tax treaty with Qatar

May 27, 2025

Ivory Coast’s National Assembly approved the ratification of the income tax treaty with Qatar on 21 May 2025, following earlier...

Ireland: Revenue updates guidelines on interest charges for late tax payments

May 27, 2025

Irish Revenue has updated its guidelines on interest for late tax payments, now covering Capital Acquisitions Tax. The eBrief clarifies...

Sweden proposes DAC8 implementation bill for 2026

May 27, 2025

Sweden has proposed a bill to implement the EU’s DAC8 directive on tax cooperation, introducing new rules for the automatic...

Mexico unveils tax incentives for new economic development zones

May 27, 2025

Mexico has introduced tax incentives for businesses operating in newly designated SEZs, including full deductions for fixed asset investments and...

Papua New Guinea, UAE negotiates tax treaty, IPA

May 26, 2025

Papua New Guinea and UAE officials have started negotiations to advance bilateral ties, focusing on trade, investment, and technical cooperation. ...

Malta: MoF extends VAT exemptions for passenger transport services

May 26, 2025

MOF extended VAT exemptions under new rules issued in Legal Notice 88 of 2025. Malta’s Minister for Finance (MoF)  issued...

Vietnam, US conclude second round of tariff negotiations

May 26, 2025

Vietnamese Trade Minister Nguyen Hong Dien and US Trade Representative Jamieson Greer led the talks, identifying areas of near consensus...

Pakistan to offer incentives for US mining investors in tariff negotiations

May 26, 2025

Pakistan plans mining incentives for US firms, including Balochistan joint ventures, to ease trade talks and avert proposed US tariffs....

Czech Republic, Oman conclude new income and capital tax treaty negotiations

May 23, 2025

The treaty now awaits formal signing and ratification. Representatives from the Czech Republic and Oman concluded negotiations for a treaty...

Cambodia
Cambodia, UAE conclude third round of tax treaty negotiations

May 23, 2025

Talks addressed remaining provisions and the UAE’s new corporate tax rules. Officials from Cambodia and the UAE held a third...

Congo, France to begin negotiations for income tax treaty

May 23, 2025

The Democratic Republic Congo and France are set to hold their first round of negotiations in Paris in early 2025....