The Taxation (Amendment) Act 2016 of Malawi which was enacted on 19 August 2016 made revisions to the provisions of the Taxation Act as amended (the Taxation Act). As per the Taxation (Amendment) Act. 2016, taxpayers are permitted to enter into APAs with the Commissioner General (the Commissioner) with respect to income derived from mining projects, provided that the duration of the APAs does not exceed a period of 5 years.
Related Posts
Malawi: Parliament passes 2025-26 budget with corporate tax cut for permanent establishments
April 15, 2025
Malawi's Parliament approved the 2025-26 Budget on 26 March 2025, with several tax measures. The 2025-26 budget is estimated at MWK 8.08 trillion. The initial estimated MWK 8.5 trillion budget was adjusted before final approval. The main tax
Read More Malawi announces 2025-26 budget, cuts corporate tax for non-resident firms
March 12, 2025
Malawi's Minister of Finance Simplex Chithyola Band presented the 2025-26 Budget Statement on 28 February 2025. The budget, totaling MWK 8 trillion, aims to stabilise the economy in the face of sluggish GDP growth, soaring inflation, and mounting
Read More Malawi to introduce VAT e-billing system in 2024
September 27, 2024
Malawi will implement a mandatory VAT e-invoicing system under its 2024/25 budget policy to combat VAT fraud and evasion, as announced by the Minister of Finance on 23 February 2024. The new system will replace existing electronic fiscal devices
Read MoreMalawi: Parliament passes 2019-2020 Budget
October 12, 2019
On 9 September 2019, the Minister of Finance, Economic Planning and Development has published the Budget for 2019-2020 to the parliament. On 10 October 2019 Parliament has approved the K1.7 trillion 2019/20 national budget. Corporate tax
Read MoreNetherlands-Malawi: Dutch Lower House of Parliament approves tax treaty
March 18, 2018
The Dutch lower house of parliament approved the pending income tax treaty with Malawi on 15th March 2018, signed on 19th April 2015. The treaty enters into force on the last day of the month following the month in which the ratification instruments
Read MoreMalawi: New tax measures effective from July 2017
August 16, 2017
On 15 August 2017 the Minister of Finance, Economic Planning and Development in his 2017/2018 Budget Statement announced new measures for both customs and domestic taxes. The domestic tax measures became effective on 1st July, 2017. Most of the
Read More