Posts by Abdur Rouf

India: CBDT clarifies application of the Principal Purpose Test

March 20, 2025

The Indian Central Board of Direct Taxes (CBDT) has issued a clarification on 15 March 2025 regarding Circular No. 1/2025...

Thailand: Cabinet approves carbon tax to reduce emissions

March 20, 2025

The Thai Cabinet gave its approval to a draft Ministerial Regulation, proposed by the Ministry of Finance (MoF) on 21...

Austria: Budget Restructuring Measures Bill 2025 enters into force

March 20, 2025

Austria’s Budget Restructuring Measures Bill 2025 (Budgetsanierungsmaßnahmengesetz 2025) entered into force following its publication in the Official Gazette on 18...

Peru, Spain to resume tax treaty talks in March 2025

March 19, 2025

Peru and Spain will resume income tax treaty negotiations from 26 to 28 March 2025 in the fifth round of...

Bhutan, Singapore begin negotiations on first income tax treaty

March 19, 2025

Officials from Bhutan and Singapore met in Paro, Bhutan, from 10 to 14 March 2025 to begin negotiations on their...

Turkey revises special consumption tax on selected tobacco products

March 19, 2025

Turkey’s government has announced changes to the special consumption tax (SCT) rates and fixed tax amounts for certain tobacco products...

UAE: FTA issues clarification on amendments to VAT executive regulations

March 19, 2025

The UAE Federal Tax Authority (FTA) released a VAT Public Clarification VATP040 addressing the amendments to the VAT Executive Regulations...

Uganda launches new 30% tax payment option for tribunal cases

March 19, 2025

Uganda Revenue Authority (URA) informs all taxpayers that a new basis for payment has been introduced on the URA web...

India proposes temporary duty on steel imports

March 19, 2025

India has proposed a temporary 12% safeguard duty on certain steel products for 200 days, to protect its domestic industry...

Turkey raises minimum threshold for VAT refund claim

March 19, 2025

The government of Turkey has raised the minimum amount for value added tax (VAT) refund claims in cases involving reduced...

Kyrgyzstan, Vietnam agree to tax treaty negotiations

March 18, 2025

Kyrgyzstan and Vietnam have agreed to sign a tax treaty and an investment protection agreement (IPA) during the official visit...

Vietnam initiates tax and investment treaty talks with Solomon Islands

March 18, 2025

Vietnam has shown interest in negotiating a tax treaty and an investment protection agreement (IPA) with the  Solomon Islands on...

Korea (Rep.): National Assembly approves ratification of tax treaty protocol with Kyrgyzstan

March 18, 2025

The National Assembly of South Korea (Rep.) has approved the ratification of the protocol to the 2012 income and capital...

Indonesia: Tax cuts lead to high palm oil exports

March 18, 2025

Indonesia’s palm oil exports surged 62.2% in February 2025, reaching 2.06 million metric tons, the highest in four months, fueled...

France introduces reforms to UCITS legal framework

March 18, 2025

The French government has issued Ordinance No. 2025-230 on 12 March 2025, introducing reforms to the legal framework for UCITS...

Ecuador launches tax benefits to support women entrepreneurs

March 18, 2025

Ecuador has introduced a series of tax benefits to support female entrepreneurs with the enactment of the Organic Law for...

Greece announces 2024 tax return deadlines

March 18, 2025

The Greek Public Revenue Authority (AADE) has announced the commencement of corporate and personal income tax return filing for the...

Saudi Arabia: ZATCA announces 21st e-invoicing integration phase

March 17, 2025

The Saudi Zakat, Tax, and Customs Authority (ZATCA) has outlined the criteria for the 21st phase of integration under the...