South Africa signs protocol to amend tax treaty with Cyprus

South Africa’s Minister of Finance, Enoch Godongwana, delivered the 2026 Budget Speech on 25 February 2026, setting out the government’s fiscal priorities and economic direction for the year ahead. The Budget focuses on stabilising public

The South African Revenue Service (SARS) released the Business Requirement Specification (BRS) for the Global Anti-Base Erosion (GloBE) programme on its Global Minimum Tax webpage on 13 February 2026. This Business Requirement Specification

South Africa’s Revenue Service (SARS) is preparing to shift VAT compliance to a digital model under its VAT Modernisation programme. Structured e-invoicing will be a key part of the system, enabling near-real-time transaction reporting rather

The South African Revenue Service (SARS) published Binding Private Ruling (BPR) 424 on 6 February 2026, setting out its view on the deductibility of interest incurred on loan funding used to redeem preference shares and to settle current or

The French Council of Ministers approved the new income tax treaty with Cyprus on 28 January 2026. The treaty was signed on 11 December 2023. This treaty seeks to prevent double taxation and fiscal evasion between the two nations. The treaty

The Curacao–Cyprus Income Tax Treaty (2025) will enter into force starting 28 February 2026. Signed on 23 April 2025, the agreement is based on the OECD Model Tax Convention (2017 Model). The treaty applies to various taxes, including Cyprus