Posts by Abdur Rouf

Austria: Lower House of Parliament approves Budget Restructuring Bill 2025

March 13, 2025

Austria’s lower house of parliament (Nationalrat) passed the Budget Restructuring Measures Bill 2025 (Budgetsanierungsmaßnahmengesetz 2025) on 7 March 2025. The...

UAE: FTA publishes decision No. 2 of 2025 on tax clarifications and directives

March 12, 2025

The UAE Federal Tax Authority (FTA) has issued Decision No. 2 of 2025, effective from 1 March 2025. The decision...

Denmark introduces new tax reporting rules to align with EU minimum tax

March 12, 2025

The Danish Tax Agency has introduced new reporting requirements for corporate income tax returns in 2024, following the implementation of...

Turkey rejects OECD’s Pillar One Amount B implementation

March 12, 2025

The Turkish Ministry of Treasury and Finance has issued a formal statement regarding the implementation of Amount B under Pillar...

Singapore issues advance ruling on income tax matters concerning business transfers

March 12, 2025

The Inland Revenue Authority of Singapore (IRAS) issued Advance Ruling Summary No. 3/2025 on 3 March 2025, addressing the income...

Bahrain ratifies income tax treaty with UAE

March 12, 2025

Bahrain has passed the law to ratify the income tax treaty with the UAE on 9 March 2025. Earlier, the...

Switzerland: Lucerne consults economic development, R&D incentives

March 12, 2025

The government of the Swiss Canton of Lucerne has announced a public consultation on its plans for economic development on...

Belarus ratifies trade and investment agreement with China

March 12, 2025

Belarus’ House of Representatives approved the ratification of a trade and investment agreement with China on 10 January 2025, following...

Russia, Myanmar finalize talks on investment protection agreement

March 11, 2025

Myanmar and Russia issued a joint statement in Moscow announcing the conclusion of negotiations for an investment protection agreement (IPA)...

Germany, Montenegro finalise tax treaty negotiations

March 11, 2025

Germany and Montenegro finalised negotiations by initialling an income and capital tax treaty on 10 February 2025. Earlier, First round...

Luxembourg approves ratification of tax treaty with Oman

March 11, 2025

Luxembourg’s Government Council approved the ratification of the income and capital tax treaty with Oman on 7 March 2025. Earlier,...

Germany releases income tax decree on crypto assets, expanding guidance on filing and reporting

March 11, 2025

The German Ministry of Finance (MOF) released an updated decree on the income tax treatment of crypto assets on 6...

Kuwait updates UBO regulations with stricter penalties and expanded exceptions

March 11, 2025

Kuwait’s Ministry of Commerce and Industry has issued Decision No. 16 of 2025, updating the country’s regulations on Ultimate Beneficial...

Ukraine: Central Bank raises key policy rate

March 11, 2025

The Board of the National Bank of Ukraine (NBU) has decided to raise the key policy rate from 14.5% to...

Kazakhstan: National Bank further raises base interest rate

March 11, 2025

The National Bank of Kazakhstan (NBK) announced a further increase in the base interest rate from 15.25% to 16.5% on...

Corporate tax, Transfer Pricing, Global Trade, Tax Treaty National Diet Building, Tokyo, Japan.
Japan, UAE hold second round of EPA negotiations in Dubai

March 10, 2025

The second round of negotiations for the Japan-United Arab Emirates (UAE) Economic Partnership Agreement (EPA) took place from February 24...

Qatar: GTA announces an extension of the tax return filing period for the FY 2024

March 10, 2025

The General Tax Authority (GTA) of Qatar  has announced a four-month extension for submitting tax returns for the fiscal year...

UAE issues decision on tax review deadline extensions

March 10, 2025

The UAE Federal Tax Authority issued Decision No. 1 of 2025 on 17 February 2025. The decision takes effect on...