Posts by Abdur Rouf

Kazakhstan expands VAT exemption list for imported goods

February 27, 2025

Kazakhstan issued Order No. 11-1-4/83 on 18 February 2025, amending the previous Order No. 140 from 27 February 2018, which...

UK: HMRC simplifies e-communication rules for tax filings

February 27, 2025

The UK’s tax authority, His Majesty’s Revenue and Customs (HMRC), has introduced new rules that will take effect on 11...

Qatar launches six month tax penalty exemption initiative

February 27, 2025

The General Tax Authority of Qatar has announced the launch of a 100% financial penalty exemption initiative, effective from 1...

Saudi Arabia introduces beneficial ownership reporting rules

February 27, 2025

Saudi Arabia’s Ministry of Commerce has announced new beneficial ownership reporting requirements, effective from 3 April 2025, as part of...

New Zealand: Government announces overhaul of overseas investment rules to boost growth

February 26, 2025

The Government has unveiled a long-anticipated reform of New Zealand’s foreign investment laws, streamlining the process and ensuring most applications...

Greece clarifies fuel tax exemption for cruise ships without passengers

February 26, 2025

Greece’s tax authority issued Circular E 2012/2025 to clarify fuel tax exemptions for professional cruise ships moving without passengers on...

Greece updates VAT exemption procedures for exports and intra-community deliveries

February 26, 2025

Greece has updated the VAT exemption procedures for exports and intra-community deliveries through Decision No. A 1154/2024 on 17 February...

Russia keeps key interest rate at 21%

February 26, 2025

The Central Bank of Russia (CBR)  announced its decision to keep the key rate at 21% on 14 February 2025....

Sri Lanka proposes VAT and income tax reforms

February 26, 2025

Sri Lanka has announced a series of tax reforms through proposed legislation published on 21 February 2025. The changes, affecting...

Kazakhstan establishes new Special Economic Zone in Aktobe

February 26, 2025

Kazakhstan has established a new Special Economic Zone (SEZ) in Aktobe, set to operate until 31 December 2049. Under this...

Greece, UAE tax treaty terminated

February 26, 2025

The Greek Public Revenue Authority (AADE) has announced that the 2010 tax treaty between Greece and the UAE was terminated...

Switzerland: Cabinet approves decree to expand AEOI to crypto-assets

February 26, 2025

The Swiss Federal Council has approved a decree to expand the automatic exchange of information (AEOI) on financial accounts, adopting...

Pakistan introduces mandatory e-invoicing for businesses

February 25, 2025

Pakistan’s Federal Board of Revenue (FBR) announced new rules requiring all registered businesses to electronically link their fiscal devices with...

UK unveils tax relief and incentives for film and TV industry

February 25, 2025

The UK HM Treasury has announced new tax incentives to support the film and television industry, including business rates relief...

France ratifies protocol to 2018 tax treaty with Luxembourg

February 25, 2025

France has published Law No. 2025-139 in the Official Gazette on 17 February 2025, approving the ratification of the  protocol...

Brazil approves protocol to tax treaty with Singapore

February 25, 2025

Brazil’s Chamber of Deputies approved the ratification of a protocol amending the 2018 income tax treaty with Singapore on 13...

Iraq, Oman finalise tax treaty negotiations

February 25, 2025

Iraq and Oman finalised negotiations by initialling an income tax treaty on 21 February 2025. Earlier, the Iraq Council of...

India, Qatar sign new income tax treaty

February 25, 2025

India and Qatar signed a new income tax treaty on 18 February 2025. The treaty will become effective upon the...