Egypt: Tax Authority expands list of taxpayers required to issue electronic receipts for B2C transaction
The Decision mandates that taxpayers listed in the annex section begin issuing electronic tax receipts for goods and services sold to end consumers starting September of 2025. The Egyptian Tax Authority has issued Decision No. 281 of 2025 on 26
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Nigeria to enforce mandatory e-invoicing for large taxpayers starting tomorrow
All large taxpayers with annual turnovers of NGN 5 billion or more will be required to adopt mandatory electronic invoicing via the EFS. Nigeria’s national electronic invoicing (e-invoicing) regime through the Electronic Fiscal System (EFS)
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Russia, UAE tax treaty enters into force
The 2025 income and capital tax treaty between Russia and the UAE took effect on 18 July 2025, which replaces the 2011 limited tax treaty. The 2025 Russia–UAE income and capital tax treaty entered into force on 18 July 2025. The new
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Oman, Philippines move forward to finalise tax treaty
Oman and the Philippines advanced tax treaty talks and signed a visa waiver on 14 July 2025. Officials from Oman and the Philippines met in Manila to advance negotiations on a tax treaty and an investment protection agreement (IPA) between the
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Turkey caps tax incentives, R&D exemptions under new law
Turkey’s Law No. 7555 limits corporate income tax incentives to 10 years and caps R&D income tax exemptions starting July 2025. Turkey enacted Law No. 7555 introducing new limits on corporate tax incentives and income tax exemptions. The
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Angola: Financial sector to face higher corporate tax from 2026
Angola's new Corporate Income Tax Code, effective 1 January 2026, includes 35% for financial institutions, insurance, and telecoms, 25% for most sectors, and 10% for agriculture.  Angola will introduce a new Corporate Income Tax (IRPC) Code,
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Malawi lowers tax for select non-resident companies
The Malawi government has abolished the 5% repatriation tax for non-resident companies, increased withholding tax on gambling winnings to 10%, and exempted bread from the 16.5% VAT. Malawi has implemented new tax laws through the Taxation
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Zambia advances 2025 tax reform, proposes 1% minimum alternative tax for businesses
Key proposals include a 1% MAT on turnover, 15% to 20% withholding tax on government securities, and excise duty hikes on cigarettes, alcohol, sugary drinks, and betting services. Zambia's National Assembly has advanced the Income Tax
See MoreRwanda: Government approves tax treaty with Nigeria
The agreement will enter into force after the exchange of ratification instruments. The government of Rwanda approved the ratification of the income tax treaty with Nigeria on 16 July 2025. Earlier, on 27 June 2025, Nigeria’s Federal
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Czech Republic, Iraq to negotiate for tax treaty
The first round of negotiations will be held from 21 - 24 July 2025. Officials from the Czech Republic and Iraq will hold the first round of negotiations for a new income tax treaty from 21 - 24 July 2025. The treaty aims to prevent double
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Belarus, UAE sign free trade in services and investments agreementÂ
The agreement complements the EPA between the Eurasian Economic Union and the UAE, signed on the same day. Belarus and the UAE formalised an agreement in Minsk focusing on free trade in services and investments on 27 June 2025. This agreement
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Botswana to roll out mandatory e-invoicing for VAT in 2025
The new Electronic VAT Invoicing Solution will operate under a Continuous Transaction Control (CTC) model, requiring all VAT-registered taxpayers to issue invoices through a centralised system. The Botswanan government has confirmed the
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Kuwait launches online registration service for multinational entities subject to DMTT
Kuwait’s Ministry of Finance has launched an online registration service for companies subject to the 15% Domestic Minimum Top-up Tax under Law No. (157) of 2024, effective from 1 January 2025. Kuwait’s Ministry of Finance has launched a new
See MoreZambia announces broad tax reforms in 2025 budget
Zambia’s 2025 Budget introduces wide-ranging tax reforms across income, turnover, VAT, property transfer, and excise duties to boost revenue and compliance. Zambia has introduced a range of tax changes in its 2025 Budget, affecting income tax,
See MoreNigeria enacts law renaming FIRS to National Revenue Service (NRS)
The law aims to enhance tax compliance, increase revenue, and streamline administration to eliminate inefficiencies. Nigeria’s President Bola Tinubu signed the Nigeria Revenue Service (Establishment) Act, 2025 on 17 July 2025, which rebrands
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France, Uganda begin negotiations on income tax treaty
French and Ugandan officials started negotiations in June 2025 for their first bilateral income tax treaty to prevent double taxation. French and Ugandan officials held the first round of negotiations for an income tax treaty in Kampala, Uganda,
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UAE clarifies VAT requirements on SWIFT charges for financial institutions
The Public Clarification outlines the VAT obligations and input tax documentation requirements for financial institutions incurring SWIFT-related interbank charges. The UAE Federal Tax Authority (FTA) issued Public Clarification VATP041 on 28
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Kenya, Cyprus negotiating income tax treaty
An income treaty from these negotiations will be the first between Kenya and Cyprus. Kenya’s Ministry of Foreign Affairs announced that officials from Kenya and Cyprus convened on 7 July 2025 to discuss strengthening bilateral relations,
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