The Cabinet of Ministers of the United Arab Emirates approved for ratification the income tax treaty with Bahrain on 2 January 2025. Earlier, the Bahrain Council of Representatives approved the ratification of the income tax treaty with the

Thailand's cabinet has approved a proposal to reduce the corporate income tax rate to 10% for profits generated by targeted businesses in the country's special economic zones. The reduced rate applies for 10 consecutive accounting periods. To

The Sultanate of Oman and the Kingdom of Bahrain signed 25 memoranda of understandings (MoUs), which include an income tax treaty, at Al Bustan Palace Hotel on 15 January 2025. The aim of these agreements is to strengthen the economic ties

The Thai Cabinet approved the signing of tax treaties between the Netherlands and Norway on 24 December 2024. The new treaties will supersede the 1975 tax treaty with the Netherlands and the 2003 tax treaty with Norway. The purpose behind the new

Thailand's Revenue Department has announced the publication of the Emergency Decree on Top-up Tax B.E. 2567 (2024) in the Official Gazette on 26 December 2024,introducing the implementation of a domestic minimum top-up tax for MNE groups with a

The Thai Cabinet approved a draft law to introduce the Pillar Two global minimum tax on 11 December 2024 which will implement a 15% global minimum tax on qualifying multinational enterprise (MNE) groups starting from January 2025. Finance