Posts by Abdur Rouf

Greece proposes tax, crypto and debt settlement reforms in new draft law

April 9, 2025

Greece’s Ministry of Finance submitted a draft law to Parliament on 31 March 2025, proposing several tax and financial reforms....

Ireland extends 9% VAT rate on gas and electricity to 31 October 2025

April 9, 2025

Ireland’s Department of Finance announced a six-month extension of the 9% reduced VAT rate on gas and electricity, moving the...

Germany: Ministry of Finance clarifies application of CbC reporting for transparent partnerships

April 9, 2025

Germany’s Federal Ministry of Finance published a letter on 3 April 2025 addressing how Country-by-Country (CbC) reporting applies to tax-transparent...

Bulgaria reduces VAT registration threshold starting 1 April 2025

April 8, 2025

Bulgaria’s National Revenue Agency (NRA) issued guidance on 31 March 2025 regarding revisions to the VAT registration threshold, which will...

Thailand introduces tax incentives to attract skilled professionals back home

April 8, 2025

Thailand has introduced new tax incentives to encourage skilled Thai professionals working abroad to return. The measures, announced in Royal...

Portugal approves tax simplification Law to cut compliance costs

April 8, 2025

Portugal’s government has approved Decree-Law no. 49/2025, introducing several tax simplification measures to boost economic competitiveness. These measures focus on...

Russia: FTS clarifies rules on reduced VAT rates and exemption criteria

April 8, 2025

The Federal Tax Service (FTS) of Russia has issued a reminder on the proper application of reduced VAT rates of...

Russia: MoF clarifies corporate income tax exemptions for share redemptions and funds from companies

April 8, 2025

The Russian Ministry of Finance (MoF) has clarified the corporate income tax treatment for two scenarios in Guidance Letter No....

UK: HMRC updates interest rates for late and early tax payments from April 2025

April 8, 2025

The UK’s tax, payments and customs authority (HMRC) has updated its guidance on interest rates for late and early tax...

France publishes Q1 2025 floating rate for shareholder loans

April 8, 2025

France’s Official Journal published the Q1 2025 average floating rate for bank loans with maturities over two years, set at...

Vietnam extends 2025 tax payment deadlines

April 8, 2025

The Vietnamese government issued Decree No. 82/2025/ND-CP on 2 April 2025, outlining extensions to tax payment deadlines for various taxes...

South Africa raises eligibility for carbon offset allowances in updated tax regulations

April 8, 2025

The South African National Treasury has updated the Carbon Offset Regulations under Section 19(c) of the Carbon Tax Act, 2019,...

New Zealand: Inland Revenue announces 2025 exemptions for foreign company and FIF disclosures

April 8, 2025

The Commissioner of Inland Revenue (CIR) has revealed the 2025 International tax disclosure exemption on 31 March 2025. Section 61...

Ireland extends 9% VAT rate on gas and electricity until 31 October 2025

April 8, 2025

Irish  Minister for Climate, Environment and Energy Minister Darragh O’Brien has welcomed the government decision to extend the 9% VAT...

Greece proposes tax incentives to boost capital market and innovation in 2025

April 7, 2025

The  Greek  Ministry of Finance has proposed legislation offering tax incentives to bolster the capital market, featuring an increased deduction...

Turkey opens corporate tax filing period for 2024

April 7, 2025

Turkey’s Revenue Administration has opened the corporate income tax filing period for the 2024 fiscal year. Corporate taxpayers must file...

Germany mandates transaction matrix transfer pricing documentation requirement

April 7, 2025

Germany’s Ministry of Finance released a decree outlining the requirements for the “transaction matrix,” a new component of transfer pricing...

Oman ratifies protocol amending tax treaty with India

April 2, 2025

Oman ratified the amending protocol to the India-Oman Income Tax Treaty (1997) on 27 March 2025 through Royal Decree No....