US President Donald Trump said on Thursday, 8 May 2025, that he expects the US 145% tariffs on China to be reduced if trade negotiations between the two nations this weekend goes well. The Trump administration stated that the US has been working

Brazil’s Congress has approved the amending protocol to the Brazil-China Income Tax Treaty (1991) through Legislative Decree No. 170/2025 on 5 May 2025. The Legislative Decree No. 170/2025 was published in the Official Gazette No. 83 on 6 May

Russia, on 25 April 2025, temporarily suspended penalties for late VAT return submissions in 2025 for businesses using the simplified tax regime who, from 2025, are required to calculate and pay VAT. Taxpayers using the simplified taxation system

China's commerce ministry announced it will impose anti-dumping duties of 48.4% to 166.2% on Indian cypermethrin for five years, effective immediately. Cypermethrin is an insecticide used in agriculture and sanitation. The decision follows a

The Trump administration ended duty-free access for low-value shipments from China and Hong Kong entering the US on Friday, 2 May 2025. This followed after President Donald Trump signed an executive order on 2 May 2025, which ended “de

Cameroon President Paul Biya has approved the ratification of an income tax treaty with China on 2 May 2025. Signed on 17 October 2023, it is the first agreement of its kind between the two nations. It aims to eliminate double taxation on income