Posts by Abdur Rouf

France: Senate approves protocol to tax treaty with Switzerland

April 10, 2025

The French upper house of Parliament (Senate) approved a new law on 3 April 2025 to ratify a protocol that...

Mexico announces tax incentive guidelines under ‘Mexico Plan’ decree with new evaluation committee

April 10, 2025

Mexico published a resolution detailing the guidelines for tax incentives under the “Mexico Plan” decree on 21 March 2025, effective...

New Zealand opens consultation on GST reform for joint ventures

April 10, 2025

The Government has launched public consultation on proposals to reform the GST rules for joint ventures on 7 April 2025....

Singapore: IRAS revises e-tax guide on record-keeping for GST and non-GST registered businesses

April 10, 2025

The Inland Revenue Authority of Singapore (IRAS) has updated two e-Tax Guides on record-keeping requirements for businesses on 31 March...

Sri Lanka issues guidance on AIT relief for low-income interest earners

April 10, 2025

Sri Lanka’s Inland Revenue Department released Circular No. SEC/2025/E/03 on 28 March 2025, outlining procedures for resident individuals to claim...

UAE: Tax Authority issues guide on interest deduction limitations

April 10, 2025

The UAE Federal Tax Authority (FTA) issued a corporate tax guide (CTGIDL1) on 7 April 2025, outlining the rules for...

Germany releases 2025 CRS reporting list with new jurisdictions

April 10, 2025

The German Federal Central Tax Office has published a provisional list of jurisdictions for the Common Reporting Standard (CRS) financial...

Thailand approves tax incentive to support investment in large commercial EVs

April 10, 2025

The Thai Cabinet approved a royal decree on 27 March 2025, offering corporate income tax deductions to encourage investment in...

South Africa: Parliament approves 2025 budget with controversial VAT hike

April 10, 2025

South Africa’s parliament approved the 2025 budget which was presented by Finance Minister Enoch Godongwana on Wednesday, 2 April 2025,...

India: CBDT signs record number of advance pricing agreements in FY 2024-25

April 10, 2025

The Indian Central Board of Direct Taxes (CBDT) announced that India has entered into a record 174 Advance Pricing Agreements...

Saudi Arabia: ZATCA urges taxpayers to benefit from fines cancellation initiative until June 2025

April 9, 2025

The Saudi Zakat, Tax and Customs Authority (ZATCA) has urged all taxpayers to leverage from the “Cancellation of Fines and...

Ireland: Revenue revises VAT repayment offset rules following debt warehousing conclusion

April 9, 2025

Irish Revenue has published eBrief No. 080/25 on 7 April 2025 announcing an update to the VAT Repayment Offset section...

Ecuador extends 0% remittance tax on essential imports amid energy crisis

April 9, 2025

The Ecuadorian government issued Executive Decree No. 589 on 29 March 2025 to extend the 0% tax rate on foreign...

Kazakhstan expands VAT exemption list for vehicles, machinery, and components from April 2025

April 9, 2025

Kazakhstan’s Ministry of Industry and Construction has expanded the list of vehicles, agricultural machinery, and related components exempt from VAT....

Taiwan: Ministry of Finance outlines criteria for commission expense deductions

April 9, 2025

Taiwan’s Ministry of Finance issued a notice stating that businesses must provide proof of agency services rendered in order to...

Switzerland revises jurisdictions for CbC report exchange

April 9, 2025

Switzerland has updated its list of jurisdictions for exchanging Country-by-Country (CbC) reports. The latest version was published on 28 March...

Greece keeps tax debt instalment interest rates fixed until March 2026

April 9, 2025

The Ministry of National Economy and Finance has announced that interest rates for repaying state debts under the standard arrangement...

Ireland launches consultation on R&D tax credit review

April 9, 2025

Ireland’s Department of Finance has launched a public consultation to review the research and development (R&D) tax credit, seeking feedback...