UK HMRC issued guidance on Corporation Tax for selling business assets on 16 January 2025. Corporation Tax is a tax that a company or association pays to HM Revenue and Customs (HMRC) on profits in an ‘accounting period’. The amount paid

The income and capital tax treaty between Ecuador and the UK entered into force 19 December 2024. Earlier, Ecuadorian President Daniel Noboa signed a decree ratifying the income and capital tax treaty with the UK on 13 December 2024. The

Germany’s Federal Ministry of Finance (BMF) has updated its letter on 23 December 2024 regarding tax relief for energy-related measures in residential buildings to include a uniform certificate for all eligible measures. The German Income Tax

The German Federal Council (Bundesrat) approved an updated decree listing states and territories considered non-cooperative in addressing tax avoidance and unfair tax competition on 20 December 2024. The list aligns with the one published in the

The German Federal Government notified the Republic of Belarus on 30 December 2024, that the agreement between the Federal Republic of Germany and the Republic of Belarus on the avoidance of double taxation concerning income and wealth taxes, dated

The German Federal Council (Bundesrat) approved the updated version of the bill aimed at further developing tax law and adjusting the income tax brackets on 20 December 2024. It will enter into force after publication in the Official Gazette. The