Mondaq Middle East & Africa: Tax
Eurofast Global Ltd
A comprehensive amendment of the full tax law is expected next year, including more strict penalties for tax evasion.
Youssry Saleh & Partners
The Egyptian Parliament approved extending the Tax Dispute Resolution Law No.79 of the year 2016 for the upcoming two years.
Eurofast Global Ltd
On 23rd of February, 2017 the Egyptian President Abdel Fatah El Sisi issued the presidential decree no. 155 of 2016 ratifying the Income Tax Treaty concluded between Egypt & Kuwait on 16th of December 2014.
Eurofast Global Ltd
The VAT law has determined the applicable late payment penalties as an additional payment to be due for each month or part of a month starting from the tax payment deadline and until the date of actual payment.
Youssry Saleh & Partners
As a result of enactment of the Tax Law 91 for the year 2005, and its amendment by the Presidential Decision No. 96 for the year 2015, the taxation system in Egypt has been transformed.
PLMJ
O Regime dos Preços de Transferência (RPT) publicado pelo Decreto n.º 70/2017, de 6 de Dezembro, e que entrou em vigor em 1 de Janeiro do presente ano, veio estabelecer um conjunto de regras que devem nortear as relações entre entidades relacionadas.
PLMJ
The Transfer Pricing Regime (TPR) published by Decree No. 70/2017, of 6 December, which entered into force on 1 January of this year, established a set of rules that will govern relationships between related parties.
RFF & Associados
The Mozambican tax system is, nowadays, a modern tax system with a tripartite structure which compares to the most modern tax systems where the income, consumption and assets are taxed separately.
Deloitte Nigeria
Nigeria has rolled out another tax amnesty scheme. Backed by Presidential Executive Order No 8 signed on 8 October 2018, VOARS became the latest effort at combating money laundering and tax evasion.
Adebiyi Tax & Legal
The exercise of the powers in Section 31 FIRS Act marks a new approach towards tax enforcement in Nigeria.
Adebiyi Tax & Legal
The Claimant commenced the action at the Lagos State High Court to challenge the Demand Notice served on it by LIRS for alleged failure to deduct and remit taxes due from its employees.
Advocaat Law Practice
The Federal Inland Revenue Service (FIRS) recently released the Income Tax (Transfer Pricing) Regulation 2018 (‘the Regulation').
Andersen Tax LP
The Nigerian Government's drive to boost non-oil revenue is clearly evident with intensified tax audits, increase in treaty networks, promulgation of new Transfer Pricing Regulations and the launch of tax amnesty schemes.
ENSafrica
When debt is reduced or written off, certain adverse tax consequences may arise for the debtor.
ENSafrica
Transfer pricing is a self-assessment mechanism that aims to ensure that taxpayers identify all potential cross-border transactions, operations, schemes, agreements or understandings that have been entered into between connected persons ...
ENSafrica
The news that China has committed to invest approximately R200-billion in South Africa was greeted with much fanfare throughout the country.
ENSafrica
Groups of companies often wish to restructure or rationalise their operations. This generally involves a transfer of companies and/or assets between various entities.
BSA Ahmad Bin Hezeem & Associates LLP
The implementation of VAT in the UAE left many registrants under the VAT laws asking questions, especially when it first came into operation
TMF Group
TMF Group, in association with ACCA, looks at the big issues that are facing businesses planning to set up or expand in the United Arab Emirates.
Michael Kyprianou & Co LLC
As many countries from the Western part of the world already know, Tax is the means by which governments raise revenue to pay for public services.
SKP Business Consulting LLP
In continuance to the Cabinet Decision (59) of 2017 with regards to designated zones, the Federal Tax Authority (FTA) has recently added three free-zones under the category of designated zones.
TMF Group
The United Arab Emirates has more than 40 free zones across seven emirates, including 20 designated zones with separate laws, regulations and VAT treatment.
ENSafrica
Decree No. 18/024, amending the Mining Regulation, was published in the Official Gazette on 12 June 2018. Significant amendments include:
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Advocaat Law Practice
With the continued procrastination in passing the Petroleum Industry Bill and the consequent delay in bringing about the much vaunted reforms of the oil and gas sector in Nigeria, other African countries ...
Andersen Tax LP
The Nigerian Government's drive to boost non-oil revenue is clearly evident with intensified tax audits, increase in treaty networks, promulgation of new Transfer Pricing Regulations and the launch of tax amnesty schemes.
Andersen Tax LP
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