Costa Rica consults draft resolution for unique tax registry registration
The Costa Rican Tax Administration has initiated a public consultation regarding the draft resolution which outlines updated procedures for taxpayer registration, updates, and deregistration in the Unique Tax Registry (RUT) on 18 March
See More
Saudi Arabia: ZATCA announces criteria for 22nd wave of e-invoicing compliance
The Saudi Zakat, Tax, and Customs Authority (ZATCA) announced on 21 March 2025 the criteria for the 22nd group of taxpayers required to comply with the second phase of the electronic invoicing (e-invoicing) system which includes all taxpayers
See More
Turkey: Ministry of Treasury and Finance issues guidance on tax deferral, instalment plans
The Turkish Ministry of Treasury and Finance has issued a guide explaining how taxpayers can defer or pay their tax debts in installments under Law No. 6183. This guide details eligibility criteria, application steps, required documents, interest
See More
India to abolish 6% equalisation levy on online advertising from April 2025
India is set to remove the 6% equalisation levy on online advertising services starting 1 April 2025, following government approval of amendments to the Finance Bill 2025 as part of the 2025-2026 Budget. The levy was first introduced in the 2016
See More
EU approves proposal to delay certain corporate sustainability reporting, due diligence requirements
The EU Member states' representatives (Coreper) have approved the EU Council's position (“negotiating mandate”) on one of the Commission's proposals to simplify EU rules and thus boost EU competitiveness on 26 March 2025. This proposal (the
See More
India proposes amendments to direct tax laws in Union Budget 2025
India’s government has introduced revisions to the proposed amendments to the Income-tax Act, 1961, as outlined in the Finance Bill, 2025. The Lok Sabha passed the Finance Bill 2025 on 25 March 2025, incorporating 35 government amendments. The
See More
Sweden clarifies scope of MFN clause in tax treaty with South Africa
The Swedish Tax Agency released updated guidance on the application of the Most-Favoured-Nation (MFN) clause in the 1995 tax treaty with South Africa on 18 March 2025. According to updated guidance, The Swedish Tax Agency has stated that the MFN
See More
UAE: FTA reminds taxpayers to comply with corporate tax obligations by end of March deadline
The UAE Federal Tax Authority (FTA) issued a statement on 19 March 2025, reiterating that if a natural person conducts a business or business activity in the UAE during a calendar year, or subsequent years, and its total revenue in that calendar
See More
Dominican Republic: DGII consults general rule for tax litigation reduction, payment facilities
The Dominican Republic’s Directorate General of Internal Revenue (DGII) has opened a public consultation on a draft general rule for tax litigation reduction and payment facilities on 19 March 2025. The measure proposes a temporary 12-month
See More
Tanzania further extends beneficial ownership information filing deadline
The Business Registration and Licensing Agency (BRELA) announced on 10 March 2025 that local companies must submit their beneficial ownership information by 15 April 2025. Failure to comply will restrict key transactions, including filing annual
See More
UK: HMRC launches CGT calculator for 2024–25
The UK's tax, payments and customs authority (HMRC) has launched a calculator for taxpayers affected by the 2024–25 Capital Gains Tax (CGT) rate changes. Those filing tax returns online through HMRC’s service may need to use this tool to
See More
Sweden: MoF proposes reducing renewable energy tax subsidies
The Swedish Ministry of Finance has proposed reducing subsidies for solar panel installations as part of a broader plan to gradually phasing out support for micro production of renewable energy on 18 March 2025. The proposal, introduced under the
See More
OECD releases working paper corporate income tax, investment, net-zero transition
The OECD has released a working paper titled Corporate income tax, investment, and the Net-Zero Transition: Issues for consideration on 20 March 2025. Achieving net-zero climate goals requires significant private-sector investment in clean
See More
OECD updates tax incentives database for 70 emerging and developing economies
The OECD has released the Investment Tax Incentives Database 2024 update on 19 March 2025. The 2024 update of the OECD Investment Tax Incentives Database (ITID) provides insights into corporate income tax (CIT) incentives for investment in 70
See More
Ireland releases analysis on impact of potential tariffs on economy
Ireland's Department of Revenue has announced the release of an economic analysis examining the impact of tariffs on the country's economy on 21 March 2025. The analysis estimates the impact of tariffs on the Irish economy in the event of tariffs
See More
OECD publishes tax information exchange reviews reports for Armenia, British Virgin Islands, Burkina Faso, Ivory Coast, Djibouti
The Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum) of the OECD has published five new peer review reports on transparency and exchange of information on request (EOIR) for Armenia, the British Virgin
See More
India: CBDT consults development of income-tax rules, related forms consequent to the 2025 Income Tax Bill
India's Central Board of Direct Taxes (CBDT) published a release on 18 March 2025 inviting stakeholder feedback for the development of Income-tax Rules and associated forms in line with the provisions of the Income Tax Bill 2025. The Income Tax
See More
Taiwan: Amended withholding rules enters into force
Taiwan's Ministry of Finance issued a notice on 18 March 2025, confirming the implementation of revised withholding tax regulations, effective from 1 January 2025. Under the amended rules, which take effect on the same date, the tax withholder
See More