Nigeria Overhauls Tax System with New Laws to Ease Burden on Poor and Boost Revenue
President Bola Tinubu has signed on June 26 four pivotal finance bills into law, signalling a landmark reform of Nigeria’s tax regime. The newly enacted […]
tax
Trump’s remittance tax targets migrants — and hits Africa’s poorest hardest
A new 3.5% tax on remittances passed by the U.S. House of Representatives is sparking global concern, as critics warn it will disproportionately burden poor […]
Angola: The government reintroduces 10% tax on foreign exchange transactions
The Angolan government will reintroduce a 10 percent tax on foreign exchange transactions carried out abroad, in the context of contracting services, according to the […]
Mozambican state revenues increase by 7.9% to 3.408 ME in September
The Mozambican state’s current revenue grew by 7.9% until September, to 232,483 million meticais (3,408 million euros), driven by the increase in tax collection, according […]
Angolan tax authorities collected 5.3 thousand ME with VAT implementation since 2019
The General Tax Administration (AGT) has collected three trillion kwanzas (5.3 billion euros) in Value Added Tax (VAT) since its implementation began in 2019, an […]
Cape Verde: State revenues rise 17.5% in 2022
The revenues of the Cape Verdean state increased 17.5% in 2022, compared to the previous year, to more than 53,100 million escudos (480 million euros), […]
Ghana: Parliament passes controversial tax on mobile payments
After several months of heated debates and protests from the opposition, the Ghanaian Parliament has just passed a measure to introduce a 1.5% tax on […]
Beninese discontent and recriminations after the validation of 25 new taxes
In Benin, members of parliament have adopted a new general tax code to replace the old tax laws, which are more than half a century […]
Morocco: Deals Revealed in Panama Papers Legal & Transparent
The deals conducted by two offshore companies created by the private secretary of Morocco’s King Mohammed VI were totally transparent and in compliance with the […]
Algeria: $ 60 billion of tax claims to offset the decline in oil revenues
The Algerian government will collect an amount of $ 60 billion of tax outstanding debts to offset the decline in oil revenues, said the Minister […]