Egypt’s Minister of Finance, Ahmed Kouchouk, during a press conference, unveiled a new package of tax incentives in an attempt to simplify tax procedures and enhance economic productivity on Wednesday, 11 September 2024. The incentives include

The Egyptian House of Representatives approved the ratification of the income tax treaty with Oman on 7 October 2024. Both countries apply the credit method for the elimination of double taxation. The agreement specifies that dividends,

The Ethiopian Ministry of Finance published VAT Directive No. 1341/2024, outlining the application of VAT on water, electricity, and transport services on 29 August 2024. The South African government has updated the value-added tax (VAT) policy

The European Commission (EC) issued the Notice of the impending expiry of certain anti-subsidy measures in the Official Journal of the European Union (OJEU) on 17 September 2024 concerning the woven and stitched glass fibre fabrics imports from

The Egyptian Ministry of Finance announced a series of initiatives aimed at improving the tax environment for businesses;  introducing a simplified tax regime for businesses with a turnover of up to EGP 15 million, covering small businesses, sole

On 16 September 2024 the OECD published the simplified peer review report on Egypt under Action 14 of the project on base erosion and profit shifting (BEPS). The report sets out the results of Stage 1 of the simplified peer review of the