The Moroccan Council of Ministers approved the pending income tax treaty with Cape Verde on 18 October 2024. A tax treaty is a bilateral agreement between two countries designed to address double taxation on both passive and active income earned

Morocco’s Ministry of Finance released the draft Finance Law 2025 on 19 October 2024, proposing  various measures for corporate income tax, focusing on taxing joint ventures and economic interest groups. Corporate tax rules change for joint

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

Morocco and Chad have signed an income tax treaty on 14 August, 2024. This agreement is the first between the two nations. The tax treaty was signed by Minister of Foreign Affairs, African Cooperation and Moroccan Expatriates, Nasser Bourita, and

Ethiopia's Ministry of Finance has released Directive No. 1006/2024, which alters VAT exemptions across the country. Effective from 20 June, 2024, all goods and services previously exempt through various ministry directives or decisions will now

The Ethiopian Ministry of Finance (MoF) released Directive No. 981/2024 (referred to as "The Directive"), introducing new transfer pricing regulations, concerning the pricing of international and domestic transactions between related persons whose