Generally, provisions are not allowed as deductible expenses for tax purposes. Bad debts written off are allowed if they relate to income previously declared and all possible steps have been taken to recover the same.
Lithuania's State Tax Inspectorate (STI) has published the synthesized text of the tax treaty with Estonia as impacted by the Multilateral Conventi...
The OECD is consulting on a targeted update of the Guidelines for Multinational Enterprises, which were last updated in 2011. --- Targeted upda...
On 2 February 2023, Qatar published Law No. 11 of 2022 in the Official Gazette, introducing several changes to the Income Tax Law (Law No. 24 of 20...
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