The Western Cape High Court has issued a ruling to officially halt the planned rise in South Africa's VAT rate on 27 April 2025. A ruling has resolved a disagreement between the two largest parties in South Africa’s coalition government over a

The South Africa's  Minister of Finance will shortly introduce the Rates and Monetary Amounts and the Amendment of Revenue Laws Bill (Rates Bill), which proposes to maintain the Value-Added Tax (VAT) rate at 15% from 1 May 2025 instead of the

The Federal Tax Authority (FTA) introduced a new application via the "EmaraTax" digital tax services platform, enabling eligible Family Foundations to apply for status as an Unincorporated Partnership, provided the Family Foundation met specific

The South African Revenue Service (SARS) has published an updated guide for completing the Income Tax Return for Companies (ITR14), effective from 23 April 2025. The latest version includes expanded guidance on the reporting of beneficial ownership,

The UAE Cabinet of Ministers approved the income and capital tax treaty with Russia on 14 April 2025. Earlier, representatives from Russia and the UAE have signed a new income and capital tax treaty on 17 February 2025 . The treaty will come

The UAE Ministry of Finance has issued Ministerial Decision No. 84 of 2025 on 25 March 2025  replacing Ministerial Decision No. 82 of 2023, outlining the requirements for taxpayers to prepare and maintain audited financial statements for corporate