The Inland Revenue Board (IRB) of Malaysia has unveiled its updated tax investigation framework for 2024, which includes more comprehensive investigative procedures amongst other methods. The new framework aims for a fair, transparent and

On 31 May 2024, the Malaysia Digital Economy Corporation (MDEC), with the support of the Ministry of Digital (KD) and the Ministry of Finance (MOF), introduced an innovative tax incentive scheme for Malaysia Digital (MD) companies: the Malaysia

The Inland Revenue Board of Malaysia (IRBM) has released the synthesised text of the tax treaty with Qatar, providing clarifications regarding the impact of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion

Luxembourg Prime Minister Luc Frieden unveiled his government's strategic fiscal roadmap in the annual State of the Nation Address on 11 June, 2024. Among the key proposals, he outlined a reduction in the corporate tax rate, slated to decrease from

On 5 June, 2024, the Luxembourg Government Council approved a draft law to amend the Law of 22 December 2023. It introduces the Pillar Two income inclusion rule (IIR) and the undertaxed payment/profit rule (UTPR) in alignment with the Council

The Inland Revenue Board of Malaysia (IRBM) released Public Ruling No. 2/2024 on 28 May, 2024. This revised and replaced Public Ruling No. 10/2015 of 16 December 2015 regarding the taxation of investment holding organisations. This update