Kenya introduces new withholding tax rules
Kenya issued the Income Tax (Withholding Tax) Rules 2026 under Legal Notice No. 167, establishing procedures for calculating, deducting, declaring and remitting withholding tax, along with dispute resolution and recovery mechanisms. The rules are
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Algeria proposes corporate tax, VAT and digital reporting reforms in 2027 Finance Bill
Algeria’s Council of Ministers approved the Finance Bill for 2027 on 4 October 2026, which began parliamentary examination on 13 October 2026. The proposed measures remain subject to parliamentary adoption. The Finance Bill for 2027 provides
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Kenya introduces new income tax rules for leasing agreements
Kenya's National Treasury has published the Income Tax (Leasing) Rules, 2026, through Legal Notice No. 187 on 12 August 2026, a framework that brings income generated by lessors from both operating and finance leases within the scope of income tax
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Canada turns to UAE trade deal as tensions with US rise
Canada and the UAE have signed a trade pact that will cut tariffs on more than 99% of Canadian exports to the UAE, as Prime Minister Mark Carney looks for trading partners beyond the US. Canada and the United Arab Emirates (UAE) signed a broad
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Kenya enacts amendments to revenue authority governance and funding
Kenya has enacted the Kenya Revenue Authority (Amendment) Bill, 2026 (National Assembly Bills No. 28 of 2026), which was published on 19 May 2026 and underwent its First and Second Readings in May and June 2026. The legislation was passed by the
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Kenya extends reduced VAT rate on petroleum products to January 2027
Kenya has extended the temporary VAT reduction on specified petroleum products from 16% to 8% for a further 90 days, until 12 January 2027, under the Tax Laws (Amendment) Act 2026, signed by President William Ruto on 16 October 2026. The
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UAE: FTA sets e-invoicing deadlines for large businesses
The UAE Federal Tax Authority (FTA), in a release on 25 October 2026, has urged persons subject to e-invoicing requirements to meet the prescribed deadlines, including appointing an accredited service provider by 30 October 2026 and implementing the
See MoreKenya: KRA increases fringe benefit and deemed interest rates to 9%
The Kenya Revenue Authority (KRA) has issued a public notice on 22 October 2026 on the market interest rate for fringe benefit tax purposes and the deemed interest rate for certain non-resident loans for October, November, and December 2026, which
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Rwanda: Cabinet approves income tax treaty with Oman
Rwanda’s Cabinet approved the income tax treaty with Oman on 26 October 2026. Signed on 8 September 2026, the treaty aims to strengthen bilateral trade and investment and establish a framework to eliminate double taxation between the two
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Bahrain: NBR issues updated excise guide covering tax rates, refunds, digital stamps
Bahrain’s National Bureau for Revenue (NBR) has published Version 1.2 of the Kingdom of Bahrain Excise Guide on 6 October 2026, outlining how excise tax operates in the country, from registration of goods to refunds and anti-evasion
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Saudi Arabia opens VAT refund claims for individuals on real estate supplies
Saudi Arabia’s General Secretariat of the Zakat, Tax and Customs Committees has begun accepting claims for VAT refunds on real estate supplies made by individuals, it announced on 13 October 2026. The claims cover supplies made from 14/04/1439
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South Africa proposes SEZ transfer pricing reforms, corporate tax changes in Medium-Term Budget Policy
South Africa’s National Treasury has delivered the Medium-Term Budget Policy Statement (MTBPS) to Parliament on 21 October 2026. This package comprises three key amendment bills designed to implement the government's tax policy, monetary
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Saudi Arabia: ZATCA reminds businesses of September, Q3 2026 VAT return deadline
Saudi Arabia’s Zakat, Tax and Customs Authority (ZATCA) has urged businesses subject to VAT to submit VAT returns for September and Q3 2026 by 31 October 2026. The deadline applies to September returns for establishments whose annual supplies
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UAE launches AI-powered digital platform for tourist VAT refunds
UAE’s Federal Tax Authority (FTA) launched, on 20 October 2026, an integrated digital platform powered by artificial intelligence (AI) for Value Added Tax (VAT) refunds to tourists, which it describes as the first of its kind worldwide. The
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South Africa: SARS raises official interest rate for low-interest loans
The South African Revenue Service (SARS) has updated its Table 3, increasing the official interest rate used to tax interest-free or low-interest loans from 8.00% to 8.25%, effective 1 December 2025, with effect from 1 October 2026. The rate is
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Czech Republic: Parliament approves income tax treaty with Tanzania
The Czech Chamber of Deputies has approved the 2025 Czech Republic–Tanzania Income Tax Treaty on 15 October 2026. Following the Czech Senate’s approval on 15 April 2026, the treaty has now been approved by both chambers of the Czech
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Czech Republic: Parliament approves income tax treaty with Kenya
The Czech Republic Chamber of Deputies has approved the 2025 Czech Republic–Kenya Income Tax Treaty on 15 October 2026. Following the Czech Senate’s approval on 6 May 2026, the treaty has now received approval from both chambers of the Czech
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Kuwait gazettes agreement on the exchange of Country-by-Country reports
Kuwait has approved the Multilateral Competent Authority Agreement on the Exchange of Country-by-Country Reports (CbC MCAA) through Decree-Law No. 116 of 2026, published in the Official Gazette Kuwait Al-Youm on 18 October 2026. The agreement
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