Bahrain: NBR clarifies VAT profit margin scheme for used goods
The National Bureau for Revenue (NBR) has clarified the conditions for applying the VAT profit margin scheme to used goods in version 1.3 of its VAT retail and wholesale guide, published on 20 September 2026. Under the optional scheme, VAT is
See MoreSenegal: Draft 2026 Amending Finance Bill proposes economic solidarity contribution on e-money operators
Senegal's General Directorate of the Budget published the draft Amending Finance Bill for 2026, which details a significant restructuring of the national budget. The government outlines a revised fiscal strategy necessitated by international
See MoreQatar, Russia sign MoU to strengthen technical cooperation in tax administration
The State of Qatar and the Russian Federation signed a memorandum of understanding (MoU) on technical cooperation in tax administration to facilitate the exchange of expertise and knowledge and support the development of tax systems and practices in
See MoreOman, Angola sign income tax treaty
Oman and Angola signed an income tax treaty to eliminate double taxation and prevent tax evasion and avoidance on 21 September 2026, according to an X post. The agreement forms part of efforts to strengthen tax and economic cooperation and
See MoreEgypt revises income tax rules for property disposals, dividends and SMEs
Egypt has amended the Income Tax Law No. 91 of 2005 through Law No. 151 of 2026, introducing changes to the taxation of real estate disposals and securities, dividend withholding, interest deductibility and small-business taxation. The law was
See MoreUAE: FTA sets Corporate Tax exemption rules, filing deadlines for eligible entities
The UAEβs Federal Tax Authority (FTA) Decision No. 15 of 2026 has established the administrative rules, procedural requirements and filing deadlines for entities applying for Corporate Tax exemption under Federal Decree-Law No. 47 of 2022 (the
See MoreSouth Africa: SARS expands GMT support for Pillar Two
The South African Revenue Service (SARS) enhanced its Global Minimum Tax (GMT) administration to support affected Multinational Enterprise (MNE) Groups in meeting their Pillar Two obligations under the Global Anti-Base Erosion (GloBE) Rules. The
See MoreBahrain: NBR clarifies eligibility for VAT margin scheme
Bahrainβs National Bureau for Revenue (NBR) has issued updated VAT guidance clarifying the conditions for applying the profit margin scheme to used goods. The updates were published on 20 September 2026 in VAT General Guide Version 1.16 and VAT
See MoreSouth Africa: SARS consults on digital VAT model
The South African Revenue Service (SARS) announced on 18 September 2026 the publication of FAQs addressing its proposed VAT modernisation programme. The document explains the proposed Digital VAT Model, its implementation, potential business impacts
See MoreQatar launches unified gateway for economic zone companies
Qatar opened The Companies House on 17 September 2026 as a single registration and licensing hub for all businesses operating within the country's four special economic zones. The platform consolidates operations previously scattered across separate
See MoreLiberia commits to automatic financial account information exchange by 2028
Liberia announced that it will begin automatic exchange of financial account information under the Common Reporting Standard (CRS) by September 2028, according to a release from the OECD on 17 September 2026. The country's commitment strengthens
See MoreKenya: KRA waives tax penalties and interest linked to iTax downtime
The Kenya Revenue Authority (KRA) announced, on 17 September 2026, that it will waive penalties and interest arising from intermittent downtime of the iTax portal in September 2026. The disruption affected taxpayersβ ability to access return
See MoreZambia introduces temporary customs duty suspension for wheat
The Zambia Revenue Authority (ZRA) announced on 11 September 2026 that the Government had temporarily suspended customs duty on specified wheat imports under Statutory Instrument No. 65 of 2026. The measure was provided for under the Customs and
See MoreCameroon issues CbC reporting exchange jurisdictions list
Cameroon's Directorate General of Taxation released Order No. 000527/MINFI on 10 June 2026 naming the countries and jurisdictions that have concluded automatic exchange arrangements with Cameroon for Country-by-Country (CbC) tax reports. The order
See MoreAngola: AGT sets August deadline for 2026 provisional industrial tax
Angolaβs taxation authority, the General Tax Administration (AGT) has announced on 27 August 2026 that taxpayers under the general regime must settle their provisional industrial tax for the 2026 fiscal year by 31 August 2026. Calculation
See MoreSouth Africa consults on technical Annexure C tax proposals for 2027 Budget
South Africa's National Treasury has launched a consultation inviting taxpayers, tax practitioners and members of the public to submit technical tax proposals for possible inclusion in Annexure C of the 2027 Budget Review, according to a media
See MoreSouth Africa: SARS releases updated average exchange rates
The South African Revenue Services (SARS) released updated Average Exchange Rates on 9 September 2026, providing essential data for calculations. The update includes rates for the Australian dollar, Canadian dollar, Euro, Hong Kong dollar, Indian
See MoreSouth Africa: SARS clarifies higher VAT registration thresholds, deregistration rules
South Africaβs South African Revenue Service (SARS) has clarified how the increased VAT registration thresholds will apply from 1 April 2026, confirming that the higher compulsory registration threshold is being used for new registration and
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