Estonia published the Decision No. 606 in the Official Gazette for the ratification of the income tax treaty with Oman on 4 November 2025. Signed on 27 October 2024, the agreement seeks to prevent double taxation and fiscal evasion between the two nations. It will take effect after the ratification instruments have been exchanged and...
Hungary has joined the Multilateral Competent Authority Agreement on the Exchange of GloBE Information (GIR MCAA), under Pillar 2 of the OECD/G20 Inclusive Framework’s two-pillar solution, as of 31 October 2025. The Global Anti-Base Erosion (GloBE) Model Rules require each Constituent Entity of an MNE Group to annually file a GloBE Information Return (GIR) with...
Ecuador has published new regulations governing the taxation of dividends and profit distributions for resident companies and permanent establishments, as part of the Organic Law on Social Transparency, in the Official Gazette on 28 August 2025. These measures were further clarified and implemented through Executive Decree No. 191, issued on 27 October 2025. The legislation...
Representatives from Kenya and Belgium have signed a tax treaty aimed at eliminating double taxation and preventing tax evasion for individuals and businesses operating between the two countries. The agreement was signed on Tuesday, 30 September 2025, at the National Treasury offices in Nairobi. Treasury Cabinet Secretary John Mbadi and Belgium’s Ambassador to Kenya, Peter...
Serbia’s Ministry of Finance has issued the Rulebook on arm’s length interest rates for 2025, which was published in the Official Gazette of Serbia No. 17/2025 on 28 February 2025. The rulebook establishes specific interest rates for both long-term and short-term borrowings, applicable to non-financial entities, banks, and finance leasing companies. Banks and finance leasing...
Argentina and Vietnam have initiated negotiations for an income tax treaty, according to various reports. The aim of establishing a double tax treaty is to eliminate double taxation and avoid tax evasion between the two countries. Both nations seek to align this tax treaty with modern international standards, thereby establishing a solid legal framework to...