The Cyprus Council of Ministers passed Decree No. 349/2024 on 31 October 2024. The Decree amends the VAT law to introduce a temporary zero VAT rate on certain essential items. The zero VAT rate will apply to basic essentials such as baby and

The Organisation for Economic Co-operation and Development (OECD) Secretary-General Mathias Cormann has publicly launched the process of Thailand's accession to the OECD in Bangkok on 30 October 2024. The OECD Council adopted the Roadmap for the

The Cyprus Tax Department (CTD) announced, on 25 October 2024, that the submission deadlines of income tax declarations for 2022 and 2023 have been extended. The income tax return for the year 2022 has been extended until 28 February 2025 and the

Oman and Estonia signed an income tax treaty in Muscat on 27 October 2024. The agreement was signed on behalf of the Government of the Sultanate of Oman by HE Nasser bin Khamis Al Jashmi, Chairman of the Tax Authority, and on behalf of the

Mexico’s Tax Administration (Servicio de Administración Tributaria, SAT) has revised the final lists of taxpayers suspected of engaging in non-existent transactions under Article 69-B of the Federal Fiscal Code. The tax administration

Hong Kong’s Chief Executive in Council issued an Order to implement tax treaties with Armenia, Bahrain, Bangladesh, Croatia, and Turkey on 23 October 2024. The Order for signing tax treaties with Armenia, Bahrain, Bangladesh, Croatia, and