Posts by Abdur Rouf

Denmark launches consultation on extending tax liability on interest from controlled debt

March 17, 2025

The Ministry of Taxation in Denmark has opened a consultation on a proposed bill to amend the rules regarding limited...

Singapore: IRAS introduces GST InvoiceNow requirement for e-invoicing

March 17, 2025

The Inland Revenue Authority of Singapore (IRAS) released a new edition of its e-Tax Guide, Adopting GST InvoiceNow Requirement for...

Malta issues updated guidelines for mutual agreement procedure

March 17, 2025

Malta’s Commissioner for Revenue has issued  the updated guidelines on  Mutual Agreement Procedure (MAP) Guidelines on 11 March 2025. These...

Peru: Congress approves bill for MLI ratification

March 17, 2025

The Peruvian Congress approved the bill for the ratification of the Multilateral Convention to Implement Tax Treaty Related Measures to...

UAE: FTA urges taxpayers to update records by March ‘25 to avoid penalties

March 17, 2025

UAE taxpayers must update their tax records by 31 March 2025 to benefit from an extended grace period, during which...

Costa Rica: Tax Authority clarifies use of electronic invoices for imported goods

March 14, 2025

Costa Rica’s Tax Authority has issued Private Letter Ruling No. MH-DGT-0006-2025 on 3 March 2025, clarifying the requirements for electronic...

EU, Korea (Rep.) finalise digital trade agreement

March 14, 2025

The EU and Korea (Rep)  finalised a Digital Trade Agreement (DTA) to boost online trade and data flows on 10...

Germany updates CbC Report exchange list, adds four new jurisdictions

March 14, 2025

The German Official Gazette (Bundesgesetzblatt) No. 64 published the Seventh Regulation Amending the Country-by-Country (CbC) Report Extension Regulation on 11...

Albania extends tax incentives for tourism sector

March 14, 2025

Albania has introduced amendments to its tax incentive programme for the tourism sector, particularly for high-end accommodation facilities. These changes...

Hungary: Tax Authority releases 2025 audit plan

March 14, 2025

Hungary’s National Tax and Customs Administration (NAV) has published its audit plan for 2025 on 11 March 2025, outlining priorities...

Canada, Uruguay to negotiate updated investment agreement

March 14, 2025

Canada and Uruguay have agreed to begin negotiations on updating their Foreign Investment Promotion and Protection Agreement (FIPA), originally signed...

Taiwan: MoF issues statement on US Double-Tax Relief Act approval

March 14, 2025

Taiwan’s Ministry of Finance ( MoF) issued a statement on 12 March 2025, welcoming the passage of the US-Taiwan Expedited...

Singapore: IRAS issues Advance Ruling 4/2025 on trade status and tax implications

March 14, 2025

The Inland Revenue Authority of Singapore has issued Advance Ruling Summary No. 4/2025 on 3 March 2025 , addressing whether...

UK: HMRC to close free online filing for company accounts and tax returns by March 2026

March 13, 2025

The UK tax authority, His Majesty’s Revenue and Customs (HMRC) announced on 6 March 2025 that it will shut down...

UAE: FTA urges natural persons to complete corporate tax registration

March 13, 2025

The UAE’s Federal Tax Authority (FTA) issued a statement on 9 March 2025, urging individuals to register for corporate tax...

Estonia to cancel 2% security tax on corporate profits

March 13, 2025

The Estonian government is planning to cancel the 2% security tax on company profits, which was part of the Security...

US: IRS confirms US-Bulgaria CbC exchange agreement

March 13, 2025

The IRS updated its Country-by-Country  Reporting  (CbCR) Jurisdiction Status Table on 11 March 2025, confirming that the competent authority arrangement...

Bangladesh extends corporate tax filing deadline to April 2025

March 13, 2025

Bangladesh’s National Board of Revenue (NBR) has extended the deadline for companies to submit their income tax returns to 30...