UAE sets out 2027–29 finance strategy with corporate tax, digital currency, AI reforms
The UAE Ministry of Finance has published its Strategic Plan for 2027–2029, outlining a roadmap to strengthen the country's fiscal framework, improve government financial management, and reinforce its international economic position. The plan
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Bahrain: NBR releases updated VAT guide clarifying capital asset adjustments when business use changes over time
Bahrain's National Bureau for Revenue (NBR) has published Version 1.15 of its VAT General Guide, updated on 29 July 2026. This follows the National Bureau for Revenue (NBR) releasing an updated VAT General Guide on 28 January 2026. The revised
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Senegal exempts VAT on agricultural equipment
Senegal has exempted specified agricultural equipment, facilities, and services from VAT under Joint Order No. 019972 of 17 July 2026, signed by the ministers responsible for finance and agriculture. The order is awaiting publication in the Official
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Lebanon raises threshold for exceptional tax on profits
The Lebanese Ministry of Finance issued new rules governing the exceptional tax on profits from US dollar purchases made through the former Sayrafa platform, increasing the eligibility threshold while detailing how taxpayers, banks and the tax
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Lebanon grants tax penalty reductions on eligible assessments until end-2026
Lebanon's Ministry of Finance (MoF) has issued Decision No. 642/1 on 10 July 2026, granting reductions in tax penalties for eligible tax assessments issued from 16 November 2022, the publication date of the 2022 Budget Law. The measure, issued
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Qatar: GTA opens registration for global, domestic minimum tax (Pillar Two) on Dhareeba platform
Qatar’s General Tax Authority has announced the launch of the Global and Domestic Minimum Tax (Pillar Two) Registration Service through the Dhareeba platform on 2 August 2026. The GTA invites multinational enterprise (MNE) groups that fall
See MoreUAE: FTA publishes guidance on small business corporate tax
The UAE Federal Tax Authority has published the Basic Tax Information Bulletin - Small Business on 30 July 2026, providing guidance in a question-and-answer format covering key tax matters relevant to small businesses. Who should read this
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Saudi Arabia joins jurisdictions adopting Addendum to CRS MCAA
Saudi Arabia signed the Addendum to the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information (CRS MCAA) on 9 April 2026, according to an OECD update on 29 July 2026. The update confirms Saudi Arabia's
See MoreBahrain: NBR issues revised excise registration manual for taxpayers
Bahrain's National Bureau for Revenue (NBR) has published an updated excise registration manual on 28 July 2026, setting out revised guidance for excise payers on using the online excise portal and the procedures for submitting key excise-related
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Turkey updates import inspection list for selected products under Agriculture, forestry controls
Turkey has revised the product list covered by the Communiqué on Import Inspections of Products Subject to the Control of the Ministry of Agriculture and Forestry (Product Safety and Inspection: 2026/5) through a new amending Communiqué (Product
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South Africa clarifies advance payment notification requirements for qualifying import payments
The South African Revenue Service (SARS) has outlined the requirements and procedures for registered importers making qualifying advance import payments under South African Reserve Bank (SARB) regulations. Importers applying for advance foreign
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Egypt introduces tax incentives for listed, unlisted securities
Egypt's Ministry of Finance, the Egyptian Tax Authority (ETA) and the Financial Regulatory Authority (FRA) have approved a package of tax incentives for securities activities as part of the second tax facilitation package, according to the head of
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Oman: Tax Authority issues new corporate tax expense deduction rules
The Oman Tax Authority (OTA) has introduced new rules on when certain business expenses can be deducted under the Executive Regulations of the Income Tax Law. The changes were made through Decision No. 180/2026, which inserts a new Article 18 bis
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Ethiopia, Kenya aim to finalise income tax treaty
Ethiopia and Kenya have agreed to speed up negotiations on a bilateral income tax treaty following a meeting between officials in Nairobi on 23 July 2026. According to an update published the same day by the Kenyan Principal Secretary of the
See MoreBahrain updates VAT registration guide with revised processing timelines
Bahrain's National Bureau for Revenue (NBR) has released Version 1.10 of its VAT Registration Guide on 22 July 2026, updating the processing timelines for VAT registration and amendment applications. Under the revised guidance, the NBR will
See MoreSaudi Arabia: ZATCA issues 25th wave criteria for phase two e-invoicing implementation
The Zakat, Tax and Customs Authority (ZATCA) determined the criteria for selecting the targeted taxpayers in the Twenty-Fifth Wave for implementing the "Integration Phase " of E-invoicing, as it clarified that the Twenty-Fifth Wave included all
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Ghana, Morocco Sign Customs Mutual Assistance Agreement
Ghana and Morocco signed an Agreement on Mutual Administrative Assistance in Customs Matters on 21 July 2026 during the Second Permanent Joint Commission for Cooperation (PJCC), according to a statement issued by Ghana's Ministry of Foreign Affairs
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Kenya: KRA extends 8% VAT rate on fuel products through 14 October 2026
The Kenya Revenue Authority (KRA) has published the Value Added Tax (Amendment of Rate of Tax) Order 2026 on 14 July 2026, in which it extended the temporary VAT reduction from 16% to 8% on premium gasoline (motor spirit), illuminating kerosene, and
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