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Never miss a beat on Africa's legal and regulatory landscape.

Bowmans

Kenya: The Draft Kenya-China Double Tax Agreement

On 19 August 2022, the Cabinet Secretary to the National Treasury issued a Public Notice requesting for submission of comments on the draft Double Tax Agreement between the Government of Kenya and the Government of the People’s Republic of China. The request for commen..
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Clyde & Co.

Tanzania National Payment Systems Act amendments

In July 2021, mobile money transfer levies were introduced by the Tanzanian Government as a new strategy for collecting revenue in an effort to raise an estimated TZS 1.254 trillion for the financial year 2021/2022. These measures were implemented through the amendment of..

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Banwo & Ighodalo

Tax Appeal Tribunal Rules On Security Deposit Requirement For Prosecution Of Tax Appeals

Taxpayers in Nigeria have had to grapple with conflicting interpretations of applicable statutory provisions, on the correct position of the law regarding the requirement to pay a security deposit for prosecution of tax appeals to the Tax Appeal Tribunal (“TAT” or t..

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AXIS

A Double Taxation Avoidance Agreement (DTAA) has been signed between the Republic of Mauritius and the Republic of Angola

In its strategy to remain the trampoline jurisdiction of choice for the African continent Mauritius’ government cabinet of August 19 took note of the public declaration..

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Bowmans

Tanzania: Income tax and value-added tax on electronic services – Regulations

In July 2022, the Minister of Finance and Planning (Minister) published the Income Tax (Registration of Non-Resident Electronic Service Providers) Regulations 2022 (Income Tax Regulations) and the Value Added Tax (Registration of Non-Resident ..

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Templars

Nigeria’s Imposition of Excise Tax on Phone Calls, Text Messages and Data Usage – Implications on Businesses

Taxation is not just a tool to generate revenue for the government. It is also deployed to encourage businesses, fight social vices, lift majority of the citizenry out of poverty, and, overall, balance social and economic needs of the society. When a country focuses its a..

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Sal & Caldeira Advogados

Economic Acceleration Stimulus Package - Tax Incentives

We hereby inform the business community and other interested parties that on 9 August 2022, the President of the Republic of Mozambique, Filipe Nyusi, announced 20 measures to stimulate the economy, including tax incentives..

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Mulenga Mundashi

Memorandum on the Tax Appeals Tribunal Rules 2022

On 24 April 1998, the Parliament of Zambia enacted the Revenue Appeals Tribunal Act No 11 of 1998 ("RAT Act"), which established the Revenue Appeals Tribunal to hear appeals under the Customs and Excise Act, the Income Tax ..

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Webber Wentzel

A minefield of taxes lies ahead for crypto asset transactions

​​A gain on the disposal of crypto assets may be taxed as either revenue or capital, in line with the same income tax rules that apply to the disposal of shares or unit trusts.

 

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