Nigeria: NRS scraps road tax credit scheme over verification challenges
The Nigeria Revenue Service (NRS) has ended the road infrastructure tax credit programme on 5 February 2026, citing its inability to verify construction projects completed under the initiative. NRS Chairman Zacch Adedeji announced the decision,
See MoreUS imposes tariffs on countries trading with Iran
US President Donald Trump signed an executive order, "Addressing Threats to the United States by the Government of Iran,โ on 6 February, which imposes additional tariffs on imports from countries that trade with Iran, building upon decades of US
See MoreNigeria: FAAN to hike cargo tariffs
The Federal Airports Authority of Nigeria (FAAN) announced that it will implement new cargo tariffs from 2 February 2026. The revision, approved in 2025, was delayed to allow FAAN to strengthen internal controls and close revenue leakages that
See MoreMalawi: MRA extends e-invoicing pilot ahead of full rollout to May 2026
The Malawi Revenue Authority, in a public notice issued on 30 January 2026, announced that the electronic invoicing system (EIS) pilot will now run from 1 February to 30 April 2026. During this period, EIS will operate alongside the current
See MoreRwanda ratifies tax treaty with Hong Kong
Rwanda has gazetted the ratification of its income tax treaty with Hong Kong, which was formalised in Law No. 004/2026 on 1 February 2026. The agreement, originally signed on 9 October 2025, sets the framework for cross-border taxation and
See MoreCameroon releases 2026 Finance Law, includes new rules for digital giants, green levies
Cameroonโs Ministry of Finance issued a circular on the execution of the 2026 Finance Law, providing guidance on its implementation and outlining the key tax measures introduced for the year. The circular outlines the mandatory instructions for
See MoreHong Kong, Turkey income tax treaty enters into force
The income tax treaty between Hong Kong and Turkey entered into force on 30 January 2026. The treaty, signed on 24 September 2024, aims to prevent double taxation and promote greater tax cooperation and transparency. The agreement applies to
See MoreBahrain: NBR issues revised VAT real estate guidance
Bahrainโs National Bureau for Revenue (NBR) issued Version 1.6 of its VAT Real Estate Guide on 29 January 2026. The publication outlines the VAT framework for the real estate sector in Bahrain, and the key change in this update is the addition of
See MoreAustria, Oman sign income and capital tax treaty
Austria and Oman signed an income and capital tax treaty on 28 January 2026. The agreement seeks to prevent double taxation and fiscal evasion between the two nations. The treaty will enter into force after the exchange of ratification
See MoreTurkey issues exchange rates for 2025 valuation of foreign currency-denominated receivables, debts
The Turkish Ministry of Treasury and Finance announced the exchange rates to be used for valuing foreign currency-denominated receivables and debts as of 31 December 2025. The rates are outlined in General Communiquรฉ No. 590 on the Tax Procedure
See MoreSaudi Arabia, Iceland income tax treaty enters into force
The income tax treaty between Iceland and Saudi Arabia entered into force from 1 January 2025. Signed on 4 December 2024, the agreement aims to prevent double taxation and is expected to encourage trade and investment by addressing tax
See MoreAlgeria: 2026 Finance Law revises tax rules for non-residents and PEs, adds green incentives
Algeria's Ministry of Finance has gazetted the Finance Law for 2026 on 31 December 2025. The Finance Law for 2026 sets out the national budget, defining projected revenues, spending limits, and the overall financial framework for state
See MoreJordan ratifies protocol amending 2001 income tax treaty with Kuwait
Jordan issued a royal decree ratifying the protocol amending the 2001 income tax treaty with Kuwaitย on 22 January 2026. Originally signed on 13 November 2025, the protocol updates taxes covered, adds rules for technical services with 20%
See MoreSouth Africa: SARS updates interest rate tables for taxes, refunds, loans
The South African Revenue Service (SARS) has released updated interest rate tables on 22 January 2026. Interest rates charged in terms of the legislation administered by SARS are split into three main categories, namely: interest charged on
See MoreUAE: FTA releases guide to reactivate deregistered corporate tax TRNs
The UAE Federal Tax Authority (FTA) published the Taxpayer User Manual - Registration of Deactivated Corporate Tax TRN (Version 2.0.0.0) on 23 January 2026, providing guidance for corporate taxpayers seeking to reactivate a previously de-registered
See MoreZimbabwe introduces broad tax changes for 2026, including digital services tax,ย VAT, mining adjustments
Zimbabwe has introduced a range of tax measures in its National Budget for 2026, which were enacted through the Finance Act 2025 (Act No. 7 of 2025) on 29 December 2025. The Finance Act of 2025 introduces significant amendments to existing tax
See MoreSouth Africa: SARS updates guidance on turnover tax for micro businesses
The South African Revenue Service (SARS) has released updated guidance on turnover tax for micro businesses, aimed at helping small enterprises navigate the simplified tax regime. The new resources include the Tax Guide for Micro Businesses (Issue
See MoreJapan, UAE conclude seventh round of EPA negotiations
Japan and the UAE concluded the seventh round of negotiations for their Economic Partnership Agreement (EPA) in Tokyo, held from 19 to 22 January 2026. The meeting was attended, from the Japanese side, by TAKAHASHI Katsuhiko, Ambassador for
See More