Posts by Abdur Rouf

UAE joins crypto-asset reporting framework for tax data exchange

April 17, 2025

The UAE’s Cabinet of Ministers approved the country’s participation in the Multilateral Competent Authority Agreement (MCAA) under the Crypto-Asset Reporting...

US: IRS urges taxpayers to file late returns quickly to minimise penalties

April 17, 2025

The US  IRS has issued a statement urging taxpayers who missed the filing deadline to file their tax returns promptly...

UAE adopts OECD Commentary and Agreed Administrative Guidance top-up tax for QDMTT for MNEs

April 17, 2025

The UAE Ministry of Finance has published “Ministerial Decision No. 88 of 2025 on the Commentary and Agreed Administrative Guidance...

Sweden: Tax Agency proposes national e-invoicing rules

April 17, 2025

The Swedish Tax Agency has announced that it prevented incorrect VAT payments amounting to SEK 534 million in 2024 as...

Ireland: Revenue issues guidance on general anti-avoidance rule and protective notifications

April 17, 2025

Irish Revenue has published eBrief No. 085/25 on 16 April 2025, introducing a new Tax and Duty Manual Part 33-02-03,...

France: Tax Authority issues guidance on new capital reduction tax for share buybacks

April 17, 2025

The French Tax Authority issued guidance on the declaration and payment procedures for the new tax on capital reductions involving...

Greece enacts crypto tax, debt settlement reforms

April 17, 2025

The Greece’s  Ministry of Finance enacted Law (A 56/2025) introducing various tax and financial measures on 11 April 2025. These...

Bangladesh and Singapore aim to finalise FTA by 2026

April 16, 2025

Bangladesh and Singapore have agreed to finalise a Free Trade Agreement (FTA) by 2026. The decision was made during the...

Albania: Council of Ministers approve draft tax treaty with Lithuania

April 16, 2025

Albania’s Council of Ministers approved the signing of a draft income tax treaty with Lithuania on 9 April 2025. This...

Sweden proposes temporary boost in ROT deduction subsidy for construction sector

April 16, 2025

Sweden’s government has approved a proposal (2024/25:156)  on 10 April 2025 to temporarily raise the ROT deduction subsidy rate for...

Switzerland updates MCAA-CbC participation list, adds Antigua and Barbuda, Serbia

April 16, 2025

The Swiss Official Gazette published Decision No. RO 2025 243 on 11 April 2025 which updates the list of countries...

Vietnam updates regulations on electronic invoices

April 16, 2025

Vietnam issued Decree 70/2025/ND-CP to amend regulations under Decree 123/2020/ND-CP on electronic invoices and related documents on 20 March 2025....

Taiwan: MoF clarifies taxation timing for house and land transactions

April 16, 2025

Taiwan’s Ministry of Finance has released a notice providing clarification on the timing of house and land transactions for tax...

Botswana signs OECD agreement on CbC reporting exchange

April 16, 2025

Botswana signed the OECD’s Multilateral Competent Authority Agreement on the Exchange of Country-by-Country Reports (CbC MCAA) on 9 April 2025....

Temu blocked in Uzbekistan: What this signals for global e-commerce players

April 16, 2025

Starting 20 March 2025, access to the Chinese online marketplace Temu has been officially blocked in Uzbekistan for failing to...

Switzerland schedules referendum for income tax treaties with Angola and Jordan

April 15, 2025

Switzerland has scheduled a referendum deadline of 10 July 2025 for its pending income tax treaties with Angola and Jordan....

Ecuador: Tax Authority issues updated list of designated special taxpayers

April 15, 2025

Ecuador’s Tax Authority (SRI) has published Resolution No. NAC-DGERCGC25-00000006, which introduces a list of ten companies classified as “special taxpayers.”...

Denmark introduces bill for temporary green asset depreciation incentives

April 15, 2025

Denmark’s Ministry of Taxation has introduced Bill L 195 on 9 April 2025 to establish a temporary increase in the...