NL-Africa Tax Newsletter – September 2023

Dear business relation,

This month’s NL-Africa Tax Desk newsletter includes, amongst others, an update on transfer pricing rules in Kenya. Next to that, we would like to share with you our renewed NL - Africa Tax Desk factsheet. Download here.

If you would like to know more about the matters addressed in this newsletter or have any feedback, you are welcome to contact Sebastiaan Paling (Head of the NL-Africa Tax Desk). Please visit our website for more information on the NL-Africa Tax Newsletter and the services we offer or to download our factsheet.

Best regards,
NL-Africa Tax Desk team
Meijburg & Co

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Africa 

• BEPS 2.0 (Pillar Two) global updates
• MLI country implementation summary
• Transfer pricing documentation summaries by jurisdiction

Côte d'Ivoire

• MLI signed (Eswatini); instrument of ratification of MLI deposited (Côte d'Ivoire)

Eswatini

• MLI signed (Eswatini); instrument of ratification of MLI deposited (Côte d'Ivoire)

Kenya

• Government issues guidelines for tax amnesty on penalties, interests on unpaid taxes for period ending 31 December 2022
• New affordable housing levy on employees’ gross salaries
• Public consultation on draft transfer pricing rules

Morocco

• Moroccan tax authority issues country-by-country reporting guidance (in French)

​​​​​​Nigeria

• Country-by-country reporting rules not validly adopted and thus unenforceable (Tax Appeal Tribunal decision)
• Transfer of taxpayer’s file between tax offices was illegal (Tax Appeal Tribunal decision)

​​​​​​South Africa

• Amendments to income tax law to align with new accounting standard for insurance contracts
• Cancellations of customs-related registrations and licences
• Proposed amendment to taxation of nonresident beneficiaries of trusts
• South Africa calls for public comment on VAT modernization discussion paper