The UAE Federal Tax Authority issued VAT Public Clarification - VATP039, providing clarification on the treatment of cryptocurrency mining on 13 January 2025. In a case of proof of work, a person can mine crypto currency for his own account, or

The UAE Ministry of Finance has released Ministerial Decision No. 301 of 2024 regarding the oversight of tax groups under the Corporate Tax Law on 9 December 2024. The decision outlines several important areas, such as ownership requirements and

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

The Slovak Republic’s tax authority has released a detailed document announcing the launch of a new service to prefill motor vehicle tax returns for 2024. The service is for taxpayers who use the tax authority's electronic mailbox and have

The EU Tax Observatory has released a working paper titled Global Minimum Tax and Profit Shifting in October 2024 offering an in-depth analysis of tax data from the Slovak Republic. The findings suggest that the Pillar Two global minimum tax could

The Slovak Republic’s Financial Administration has released guidance detailing changes to the reduced VAT rate for accommodation services, which took effect on 1 January 2025. The guidance outlines how the new rate applies to advance payments,