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Africa

Foreign companies operating in Libya face source-based taxation even without a local presence. Multinationals must understand compliance obligations, withholding risks, and treaty relief to avoid costly surprises
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More sophisticated use of technology, heightened TP scrutiny and stricter filing requirements are making South African Revenue Service audits a formidable challenge
TP is a growing priority for West and Central African tax authorities, writes Winnie Maliko, but enforcement remains inconsistent, and data limitations persist
Sponsored

Sponsored

  • Sponsored by Webber Wentzel
    The use of real estate investment trusts (REITs) is becoming increasingly popular in South Africa. However, care needs to be taken where a South African REIT holds various foreign property owning subsidiaries either directly or through a non-South African intermediary holding company (IHC).
  • Sponsored by Webber Wentzel
    The Minister of Finance presented the 2018 budget speech on February 21. The supporting documentation noted some potential amendments to the South African Income Tax Act which are of interest in a cross-border context.
  • Sponsored by Eurofast Egypt
    The Egyptian President Abdel Fatah El Sisi issued Presidential Decree No. 155 of 2016 on February 23 2017, ratifying the double tax treaty concluded between Egypt and Kuwait on December 16 2014.
African Jurisdictions