The Nigerian Oil and Gas Industry Content Development (NOGICD) Bill, 2023 has been presented before the National Assembly which introduces tax law changes and new incentives to promote Nigeria’s oil and gas sector. The key measures include a

The National Assembly of Korea (Rep.) approved the ratification of the income tax treaty with Rwanda on 14 November 2024. The treaty was signed on 13 September 2023. It is the first of its kind between the two nations. It will become effective

Korea’s National Assembly has approved the free trade agreement (FTA) with the Philippines on 14 November 2024. Earlier, the Philippine Senate ratified the FTA with Korea (Rep.) on 23 September 2024. The  FTA was signed by both nations on 7

Nigeria’s Federal Inland Revenue Service (FIRS) has released detailed guidelines on Advance Pricing Agreements (APAs), providing a framework for companies to establish transfer pricing agreements with tax authorities in advance. Businesses

An amending protocol to the 2012 income and capital tax treaty between Kyrgyzstan and Korea (Rep.)  was signed on 3 December 2024. The announcement was made in a release from the President of Kyrgyzstan. Earlier, Kyrgyzstan’s Cabinet of

Kyrgyzstan's Cabinet of Ministers has authorised the Minister of Economy and Commerce to sign an amendment protocol to the 2012 income and capital tax treaty with Korea (Rep.) on 19 November 2024. This protocol represents the first amendment to