Dominican Republic extends agricultural tax exemptions for 2025
The Dominican Republic's Directorate General of Internal Revenue (DGII) has issued General Rule No. 01-2025, on 24 January 2025, extending tax exemptions for the agricultural sector through 2025. These exemptions, originally outlined in General
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Germany: Local packaging tax upheld in Tübingen
Germany's Federal Constitutional Court rejected a constitutional complaint against Tübingen’s local packaging tax on 22 January 2025. Since 1 January 2022, Tübingen has imposed a tax on non-reusable packaging, dishware, and cutlery used for
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UAE: FTA reminds Natural Persons to register for corporate tax by March 2025
The UAE’s Federal Tax Authority (FTA), in a release on 28 January 2025, reminded all natural persons who are subject to Corporate Tax to submit their Tax Registration applications for Corporate Tax no later than 31 March 2025 to avoid
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Switzerland: Federal Tax Administration sets safe harbor interest rates for 2025
The Swiss Federal Tax Administration has published two circulars detailing the safe harbor interest rate limits for shareholders on 27 January and related party financing on 28 January in 2025. The rates vary depending on whether the financing
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New Zealand: Inland Revenue initiates public consultation on tax implications of non-forestry activities registered in the Emissions Trading Scheme
New Zealand Inland Revenue (IR) has released an Interpretation Statement for public consultation on the tax treatment of non-forestry activities under the Emissions Trading Scheme (ETS) on 16 January 2025. This interpretation statement applies to
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Chile mandates physical copies of VAT e-invoices
Chile’s Tax Administration (SII) has issued Resolution SII 12-2025 on 17 January 2025, mandating taxpayers to provide a physical copy of the e-invoice and payment certificate (vouchers) for sales and services rendered to final consumers through
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Morocco clarifies 2025 Finance Law provisions
Morocco’s Directorate General of Taxes (DGI) has published detailed guidance on the tax provisions outlined in the 2025 Finance Law. This guidance is presented in the Finance Law Circular No. 60-24. Earlier, Morocco’s Ministry of Finance
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OECD extends consultation deadline for mining income ring-fencing toolkit
The Organisation for Economic Co-operation and Development (OECD) has announced, on 27 January 2025, that the deadline for public comments regarding the draft toolkit to help developing countries address tax policy and administration for
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Brazil gazettes law regulating indirect tax reform
Brazil has published Complementary Law No. 214 of January 16, 2025 in the Official Gazette, establishing the framework for the country’s indirect tax reform. These reforms aim to streamline the tax system by replacing or consolidating several
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Kenya lowers rates for fringe benefit tax, non-resident loans, low-interest loans
The Kenya Revenue Authority (KRA) has issued a public notice on revised market interest rates – lowered to 13% – for fringe benefit tax and deemed interest on certain non-resident loans for January to March 2025. It also sets the low-interest
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Kazakhstan updates taxation of scientific R&D activities rules
Kazakhstan's Department of State Revenue has announced updates to the taxation of scientific (R&D) activities on 9 January 2025. By the Law of the Republic of Kazakhstan "On Amendments and Additions to the Code of the Republic of Kazakhstan
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Morocco publishes General Tax Code 2025
Morocco’s Directorate General of Taxes (DGI) has released the 2025 edition of the General Tax Code (CGI) on 20 December 2024. The updated Tax Code clarifies the amendments introduced by the 2025 Finance Law which includes measures for corporate
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Kuwait extends statute of limitations for tax claims
Kuwait's Official Gazette published a Decree Law on 19 January 2025 amending Article 441 of Civil Law No. 67/1980 which extends the statute of limitations for tax claims and obligations from five to 10 years. This change impacts legal frameworks
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ATAF revises guidance on drafting transfer pricing legislation
The African Tax Administration Forum (ATAF) published an updated version of its Suggested Approach to Drafting Transfer Pricing Legislation on 11 January 2025. This publication, which has been prepared by the ATAF Cross Border Taxation Technical
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Netherlands gazettes decree on Minimum Tax Act 2024 rules
The Netherlands has published the Minimum Tax Implementation Decree 2024 in the Official Gazette No. 2024/442, on 23 December 2024, which contains rules for implementing the Minimum Tax Act 2024. The Decree also outlines guidelines for
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US releases expiring federal tax provisions list 2024-2034
The US Joint Committee on Taxation has published the List of Expiring Federal Tax Provisions for 2024-2034 on 9 January 2025. This document lists Federal tax provisions that expired in 2024 or are scheduled to expire in the future. Years in which
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Turkey updates valuable housing tax brackets for 2025
Turkey released the Real Estate Tax Law General Communiqué No. 86 on 30 December 2024 in the Official Gazette, which updates the Valuable Housing Tax Brackets for the year 2025. The purpose of this Communiqué is to provide explanations
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Ireland: Revenue updates guidance on R&D corporation tax credit
The Irish Revenue has published eBrief No. 009/25 on 10 January 2025, providing updated guidance on the Research and Development (R&D) Corporation Tax Credit. Tax and Duty Manual Part 29-02-03 has been updated to reflect the Finance Act 2024
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