Posts by Abdur Rouf

Malta enacts Budget Act introducing elective tax and capital deduction rules

April 25, 2025

Malta has enacted Act No. IX of 2025 on 17 April 2025, implementing key income tax measures for the 2025...

South Africa withdraws proposed VAT increase

April 25, 2025

The South Africa’s  Minister of Finance will shortly introduce the Rates and Monetary Amounts and the Amendment of Revenue Laws...

India expands scope of luxury products subject to tax collection at source

April 25, 2025

India’s Central Board of Direct Taxes (CBDT) has issued Notifications No. 35/2025 and 36/2025, on 22 April 2025, expanding the...

San Marino ratifies tax treaty with Kuwait

April 24, 2025

San Marino’s Parliament approved the ratification of the income and capital tax treaty with Kuwait on 22 April 2025. The...

Ukraine extends Martial Law until August, delaying elections amid war

April 24, 2025

Ukraine’s parliament has extended martial law until August, delaying elections amidst the ongoing war with Russia. The President of Ukraine...

Turkey announces average commercial loan interest rates for inflation adjustment

April 24, 2025

The Turkish Ministry of Treasury and Finance has published the average commercial loan interest rates for January, February, and March...

UAE: FTA introduces EmaraTax application for family foundations to register as unincorporated partnerships

April 24, 2025

The Federal Tax Authority (FTA) introduced a new application via the “EmaraTax” digital tax services platform, enabling eligible Family Foundations...

Malta: Tax and Customs launches new large taxpayer office to streamline services

April 24, 2025

The Malta Tax and Customs Administration (MTCA) has announced the launch of a new Large Taxpayer Office (LTO), as part...

Uganda proposes broad tax reforms effective July 2025

April 24, 2025

The Uganda Minister of Finance, Planning, and Economic Development presented the Tax Amendment Bills, 2025 on 27 March 2025, to...

Kazakhstan considers new tax code amendments, proposes sector-specific rates and VAT increase

April 24, 2025

Kazakhstan’s lower chamber of parliament is currently examining provisions of the new draft Tax Code, which received approval in its...

Vietnam, Greece negotiating income tax treaty

April 23, 2025

On 14 April 2025, Vietnam’s Ambassador to Greece, Pham Thi Thu Huong, announced in an interview that Vietnam and Greece...

Turkey, Syria to negotiate new tax treaty

April 23, 2025

Turkey’s Ministry of Trade has announced that officials from Turkey and Syria met in Damascus to address bilateral matters, including...

South Africa: SARS updates Income Tax Return for Companies guide

April 23, 2025

The South African Revenue Service (SARS) has published an updated guide for completing the Income Tax Return for Companies (ITR14),...

Saudi Arabia: ZATCA publishes updated guide clarifying VAT Executive Regulations

April 23, 2025

The Saudi  Zakat, Tax, and Customs Authority (ZATCA) has published a VAT Guide, providing clarifications on amendments to the VAT...

Taiwan raises VAT registration threshold for non-resident e-service providers

April 23, 2025

Taiwan’s Ministry of Finance issued Decree No. 11404515421 amending the VAT regulations for non-resident electronic service (e-service) providers on 7...

Lithuania proposes CIT hike, additional tax measures from 2026

April 22, 2025

The Lithuanian Ministry of Finance has announced tax measures, on 16 April 2025, which propose raising the standard corporate income...

Tajikistan approves ratification of amended tax treaty with Kuwait

April 22, 2025

Tajikistan’s lower house of the Supreme Assembly approved the law for the ratification of the income and capital tax treaty...

India to impose safeguard duty on steel to curb imports from China, South Korea, Japan

April 22, 2025

India plans to introduce a temporary 12% safeguard duty on certain steel imports to address a rise in low-cost shipments;...