Qatar: GTA announces an extension of the tax return filing period for the FY 2024

10 March, 2025

The General Tax Authority (GTA) of Qatar  has announced a four-month extension for submitting tax returns for the fiscal year (FY)  ending 31 December 2024. This announcement was made by the General Tax Authority of Qatar on 9 March

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UAE issues decision on tax review deadline extensions

10 March, 2025

The UAE Federal Tax Authority issued Decision No. 1 of 2025 on 17 February 2025. The decision takes effect on 1 March 2025. It sets out the conditions for extending or rejecting requests for tax assessment reviews and reconsiderations. The

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Mozambique: President announces new tax proposals in inauguration speech

10 March, 2025

Mozambique's new president, Daniel Chapo, announced new tax measures, including renegotiating deals with foreign investors, in his inauguration speech on 15 January 2025. The measures aim to eliminate poverty and improve the country's business

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Egypt introduces tax relief and dispute settlement law

07 March, 2025

The Egyptian Tax Authority (ETA) has introduced Law No. 5 of 2025, effective from 13 February 2025, offering tax relief and dispute settlement opportunities to enhance compliance and resolve outstanding tax matters. Key provisions include: Under

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Turkey issues guide on taxation of capital gains and occasional income

07 March, 2025

The Turkish Ministry of Treasury and Finance has published a "Guide to Taxation of Other Income and Earnings," outlining the taxation of various income types, such as capital gains and occasional earnings, under the Individual Income Tax Law

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Kenya: KRA urges taxpayers to benefit from tax amnest

06 March, 2025

The Kenya Revenue Authority announced on 3 March 2025 the success of the tax amnesty program for debts accrued up to 31 December 2023 and urges taxpayers to take advantage before the 30 June 2025 deadline. The KRA is offering taxpayers an

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Oman ratifies income tax treaty with Tanzania

05 March, 2025

Oman has ratified the income tax treaty with Tanzania on 3 March 2025, through Royal Decree No. 25/2025. Earlier, Oman and Tanzania signed a tax treaty in Muscat on 15 December 2024. The agreement was signed by HE Nasser bin Khamis Al Jashmi,

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Oman ratifies income tax treaty with Cyprus

04 March, 2025

The Sultan of Oman issued a Royal Decree No. (23/2025) announcing the ratification of the income tax treaty with Cyprus on 3 March 2025. The agreement was signed on behalf of the Government of Oman by Nasser Khamis Al Jashmi, Chairman of the Tax

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UAE: FTA releases FAQs to clarify domestic minimum top-up tax

04 March, 2025

The UAE Federal Tax Authority has released a list of Frequently Asked Questions (FAQs) on its Domestic Minimum Top-up Tax (DMTT) webpage to clarify the new legislation. Here are the key questions addressed: Has the OECD reviewed the legislation

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Tanzania, Turkey wrap up second round of tax treaty talks

03 March, 2025

The second round of negotiations regarding the conclusion of a double taxation avoidance agreement between Turkey and Tanzania was held in Dar es Salaam on 17 - 20 February 2025. This announcement was made by Turkey's Revenue Administration on 27

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Qatar ratifies income tax treaty with Saudi Arabia

03 March, 2025

Qatar issued Decree No.1 of 2025, approving the ratification of its income tax treaty with Saudi Arabia on 13 February 2025.  Earlier, Qatar and Saudi Arabia signed an income tax treaty on Thursday, 30 May 2024.  The treaty, a first of its

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Egypt enacts tax incentives for SMEs for 2025

03 March, 2025

Egypt's Parliament published Law No. 6 of 2025 on 12 February 2025, introducing tax incentives for small enterprises as part of a broader tax reform. Effective 1 March 2025, the law applies to businesses with an annual turnover of up to EGP 20

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Turkey Publishes tax guide on donations and aid

28 February, 2025

The Turkish Revenue Administration has issued a new  " Guide on Donations and Aids in Terms of Tax Legislation ", providing detailed guidance on the tax treatment of donations. It covers both in-kind and cash donations, the specific entities

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Israel seeks input on local R&D centres and IP valuations

28 February, 2025

Israel’s tax authority (ITA) released a draft Tax Circular on 27 February 2025 for public comment. The circular outlines criteria and requirements for local R&D centres and post-acquisition IP sales, offering potential certainty from the

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Saudi Arabia releases draft real estate transaction tax regulations for public consultation

27 February, 2025

The Saudi Arabian Zakat, Tax, and Customs Authority (ZATCA) has released the draft regulations for the Real Estate Transaction Tax (RETT) for public consultation on 15 February 2025. The draft regulations update the rules for real estate

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Nigeria to launch pilot phase of e-invoicing system

27 February, 2025

Nigeria’s Federal Inland Revenue Service (FIRS) has initiated a stakeholder engagement on 18 February 2025 with large taxpayer groups to prepare for the upcoming pilot phase of the Merchant Buyer Solution, an e-invoicing system scheduled to launch

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Qatar launches six month tax penalty exemption initiative

27 February, 2025

The General Tax Authority of Qatar has announced the launch of a 100% financial penalty exemption initiative, effective from 1 March 2025. Running for six months, this initiative aims to offer relief to taxpayers, reflecting the Authority's

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Saudi Arabia introduces beneficial ownership reporting rules

27 February, 2025

Saudi Arabia’s Ministry of Commerce has announced new beneficial ownership reporting requirements, effective from 3 April 2025, as part of the country’s updated Commercial Registry system. The regulations aim to enhance corporate transparency,

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