The Saudi Shura Council approved the ratification of the income tax treaty with Iceland on 13 January 2025. The agreement is aimed at avoiding double taxation between the two nations. It is also expected to encourage trade and investment by

Saudi Arabia's Shura Council has approved the income tax treaty with Iceland on 13 January 2025. This follows after officials from Saudi Arabia and Iceland convened in Riyadh to sign an income tax treaty on 4 December 2024. The agreement aims to

Iceland Revenue and Customs has published the key tax figures and percentages for 2025, including updates on Corporate Income Tax, Value Added Tax and Personal Income Tax. The updated rates are applicable starting 1 January 2025. Corporate

The Icelandic Directorate of Internal Revenue has issued Notice No. 1676/2024, outlining the for country-by-country (CbC) reporting requirements for multinational enterprises for the 2024 fiscal year. As per the notice, entities subject to CbC

Luxembourg ratified both the Luxembourg-Montenegro Income and Capital Tax Treaty (2024) and the Albania-Luxembourg Income and Capital Tax Treaty (2009) along with its amending protocol on 18 December 2024. Earlier, Luxembourg’s Chamber of

In an announcement by the Saudi Press Agency (SPA), officials from Saudi Arabia and Iceland convened in Riyadh to sign an income tax treaty on 4 December 2024. The signing took place during the first day of the Zakat Tax and Customs Conference in