lt has recently been made available the Proposal for the 2022 General State Budget Law ("State Budget Proposal"). Among the proposed measures the following are to be highlighted:
Never miss a beat on Africa's legal and regulatory landscape.
lt has recently been made available the Proposal for the 2022 General State Budget Law ("State Budget Proposal"). Among the proposed measures the following are to be highlighted:
The Angolan Draft General State Budget for 2022 was approved at a meeting of the Council of
Ministers on 28 October. Among other provisions, it introduces a change to Value Added Tax (VAT) that is intended to boost the purchasing power of families in relation to essen..
The Carbon Tax Act is a relatively recent piece of legislation having been passed into law with effect from 1 June 2019. It is likely that the pace of legislative amendments and administrative guidance will remain strong in the foreseeable future as organisations of all s..
The Tax Appeals Tribunal (Amendment) Bill, 2021[1] (hereinafter, “the Bill”) proposes a raft of changes to the Tax Appeals Tribunal Act, 2013 (hereinafter, “the TAT Act”). The amendments are geared towards handing over the stewardship of the Tax Appeals Tribunal (hereinaf..
Taxpayers who have made contributions to, in particular, share incentive trusts and claimed a deduction under section 11(a) of the Income Tax Act, 1962 (“the Act”) on the basis that such payment was, inter alia, aimed at creating a “happy and contented” workforce through ..
In our third series examining the main provisions of the newly enacted Petroleum Industry Act (PIA), we consider some of the tax and fiscal provisions under the Act.
The recent decision in the case between Attorney General of Rivers State vs Federal Inland Revenue Service & Attorney General of the Federation by the Federal High Court sitting in Port Harcourt rendered a groundbreaking decision on the implementation and collection o..
Crypto assets are a young and boisterous part of the current financial landscape. Recent developments point to crypto assets becoming an entrenched, although still volatile, part of the global financial system. A prime exam..