Kenya: KRA announces tax compliance certificate (TCC) enhancements
To obtain a TCC, taxpayers must be registered in eTIMS/TIMS, file and pay all taxes on time, settle outstanding liabilities or have an approved payment plan, and maintain VAT compliance. The Kenya Revenue Authority (KRA) issued a public notice on
See MoreIsrael: MoF issues draft law to implement global Pillar 2 rules
This draft legislation outlines the framework for establishing a local minimum tax on multinational corporations, ensuring alignment with international agreements to implement a global minimum tax. Israelโs Ministry of Finance has taken a
See MoreZambia: ZRA introduces 10% excise duty on gaming, betting
Revenue Authority introduced a 10% excise duty on gaming and betting, effective from September 2025, with payments due by the 15th of the following month. The Zambia Revenue Authority (ZRA) has confirmed the introduction of a 10% excise duty on
See MoreUAE: MoF publishes list of recognised commodity reporting agencies
MoF listed 13 approved agencies for trading qualifying commodities. The UAE Ministry of Finance (MoF)ย published Ministerial Decision No. 230 of 2025 on 22 October 2025, listing the recognised reporting agencies for trading qualifying
See MoreTurkey: Revenue Administration sets 2025 third-period revaluation rate
The third provisional tax period of 2025 in accordance with paragraph (B) of Article 298-bis of the Tax Procedure Law No. 213. The Turkish Revenue Administration issued Corporate Tax Law Circular No. 5520/70 on 16 October 2025, announcing the
See MoreEgypt drops special register requirement for tax accountants
Egypt cancels special register rule for tax accountants to ease procedures. The Egyptian Ministry of Finance cancelled Ministerial Decision No. 481 of 2023 on 19 October 2025, which mandated accountants to be included in a special register to
See MoreIsrael opens consultation on draft Law for local minimum tax aligned with OECD Pillar Two
Ministry of Finance invites public comments on a draft law introducing a local minimum tax for multinationals under the OECDโs Pillar Two framework. The Israeli Ministry of Finance has opened a public consultation on draft legislation to
See MoreIsrael, India sign bilateral investment agreement
This is India's first-ever investment agreement with Israel. Israel and India have signed a new bilateral investment agreement aimed at bolstering economic ties and encouraging mutual investments. The agreement, signed in New Delhi by Israel's
See MoreSaudi Arabia: ZATCA urges businesses to file Q3 VAT returns
ZATCA urged Saudi businesses to file Q3 VAT returns on time. The Saudi Arabian Zakat, Tax and Customs Authority (ZATCA) has urged businesses subject to Value Added Tax (VAT), with annual goods and services revenues exceeding SAR 40 million, to
See MoreKenya: KRA announces fringe benefit, deemed interest rates for Q4 2025
The Kenya Revenue Authority has announced the applicable market and deemed interest rates for the final quarter of 2025, outlining the corresponding withholding tax obligations for employers under the Income Tax Act. The Kenya Revenue Authority
See MoreMorocco: Government presents 2026 Finance Bill to the parliament
The 2026 Finance Bill introduces broad tax reforms, including expanded corporate and personal income tax withholding, new VAT exemptions for specific goods and investments, the launch of a petroleum product marking system, and the introduction of a
See MoreZambia extends relief on copper concentrate exports
Zambia extended 10% copper export tax relief to deadline to address the growing stockpile of unprocessed copper concentrates resulting from disruptions at local smelters. Zambia has extended the suspension of its 10% export tax on copper
See MoreTunisia: Government presents 2026 draft finance law, includes measures to support small and medium enterprises
The draft finance law proposes an amount of TND 10 million dedicated to financing the needs of small and medium enterprises.ย Tunisiaโs government has presented the draft Finance Law for 2026 in the Parliament on 14 October 2025. The bill
See MoreEthiopia: MoF announces 2025-26 budget, includes alternative minimum taxย
Ethiopia's 2025โ26 budget introduces major tax reforms, including an alternative minimum tax, revised personal and business income tax rates, digital economy taxation, withholding rules, cash transaction limits, and new measures for corporate
See MoreUAE: Dubai Executive Council introduces framework for free zone companies to operate on the mainland
Dubai is allowing Free Zone companies to operate on the mainland under new branch and temporary permit rules. The Dubai Executive Council has issued Resolution No. (11) of 2025 on 9 October 2025, establishing a regulatory framework that allows
See MoreSouth Africa: SARS urges non-provisional taxpayers to submit annual returns
ARS reminded non-provisional taxpayers to submit their annual income-tax returns, urging compliance and early filing. The South African Revenue Service (SARS) is reminding non-provisional taxpayers that the deadline to submit annual Income-Tax
See MoreNamibia: Central bank lowers key interest rate
The Central Bank decided to lower the repo rate to support Namibiaโs economy and maintain the Namibian DollarโSouth African Rand currency peg. The Monetary Policy Committee (MPC) of the Bank of Namibia held its fifth bi-monthly meeting on
See MoreAlgeria presents draft finance bill for 2026 in parliament
The 2026 draft Finance Bill proposes comprehensive fiscal reforms, including amendments to corporate and personal income taxes, VAT, customs and excise duties, environmental taxes, and other administrative measures. Algeria's government has
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