Two new bills on natural resources sovereignty and contracts passed in the Tanzanian parliament on Monday have thrown mining companies into disarray. A third piece of legislation that will impose amendments on the Mining and Petroleum Acts and the Tax Administration Act, is currently under debate and expected to be passed on Wednesday.
Unlock this content.
The content you are trying to view is exclusive to our subscribers.
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
Tax professionals are still going to be needed, but AI will make it easier than starting from zero, EY’s global tax disputes leader Luis Coronado tells ITR
The new guidance is not meant to reflect a substantial change to UK law, but the requirement that tax advice is ‘likely to be correct’ imposes unrealistic expectations
China and a clutch of EU nations have voiced dissent after Estonia shot down the US side-by-side deal; in other news, HMRC has awarded companies contracts to help close the tax gap