Posts by Abdur Rouf

Switzerland consults on new OECD Pillar 2 reporting rules

May 2, 2025

Switzerland’s Federal Council has launched a public consultation on amendments to the Minimum Taxation Ordinance (MTO), introducing new reporting requirements...

Saudi Arabia imposes 10% tax on undeveloped land to boost construction

May 2, 2025

Saudi Arabia has raised the annual fee on unused land from 2.5% to as much as 10% of the property’s...

Mexico announces 2025 property tax relief program for eligible companies

May 2, 2025

The State of Mexico has approved a property tax exemption for businesses that meet specific requirements. Companies must own property...

Pakistan expands e-invoicing to all sales tax registrants

May 2, 2025

The Federal Board of Revenue (FBR) of Pakistan has formally extended the electronic invoicing requirement to all sales tax-registered persons...

Kenya presents 2025 Finance Bill, aims to reduce cost of living

May 2, 2025

Kenya’s Cabinet Secretary for National Treasury and Economic Planning, John Mbad,i has presented the Finance Bill 2025 before the National...

China exempts tariffs on US ethane imports

April 30, 2025

China has exempted the 125% tariff on US ethane imports imposed earlier this month, alleviating pressure on Chinese companies that...

UK: HMRC consults transfer pricing framework, permanent establishment rules, diverted profits tax

April 30, 2025

The UK’s tax authority, His Majesty’s Revenue and Customs (HMRC) has launched consultations seeking public input on potential updates to...

UK: HMRC issues new VAT grouping guidance for care sector to combat tax avoidance

April 30, 2025

The UK tax authority, His Majesty’s Revenue and Customs (HMRC) has issued new guidance on VAT grouping in the care...

Amending protocol between France and Luxembourg enters into force

April 30, 2025

France issued Decree No. 2025-382 in the Official Gazette on 28 April 2025, confirming that the amending protocol to the...

Ireland updates excise rates ahead of carbon tax hike

April 30, 2025

Irish Revenue has published eBrief No. 090/25 on 25 April 2025, announcing updates to the Tax and Duty Manual concerning...

UK: HMRC launches consultation to improve dispute resolution process

April 30, 2025

The UK tax authority, His Majesty’s Revenue and Customs (HMRC) launched a public consultation on 28 April 2025 to update...

Russia: FTS confirms VAT on leased crypto mining equipment is non-deductible

April 30, 2025

Russia’s Federal Tax Service (FTS) clarified that VAT on leased crypto mining equipment is not deductible on 9 April 2025....

Russia proposes 10% windfall tax on large profits for 2024–2025

April 30, 2025

The Russian State Duma is reviewing a draft law that would impose a windfall tax on banks and major energy...

Japan: Upper House approves new income tax treaty with Ukraine

April 29, 2025

Japan’s upper house of parliament (House of Councillors) approved the new income tax treaty with Ukraine on 23 April 2025....

Hong Kong, Bahrain tax treaty enters into force

April 29, 2025

Hong Kong’s Comprehensive Avoidance of Double Taxation Agreement (CDTA) with Bahrain, signed in March last year, came into force on...

Ireland: Revenue extends pay & file deadline for certain self-assessment taxpayers

April 29, 2025

Ireland Revenue has announced an extension to the Pay & File deadline for certain self-assessment Income Tax and Capital Acquisitions...

South Africa court halts April 2025 VAT rate hike

April 29, 2025

The Western Cape High Court has issued a ruling to officially halt the planned rise in South Africa’s VAT rate...

Argentina: ARCA issues final reminder on asset regularisation regime deadline

April 29, 2025

The Argentine Tax Collection and Customs Control Agency (ARCA) reminds taxpayers that Phase 3 of the Asset Regularisation Regime, established...