The 2021 edition of the guide is now available. It contains a summary of tax and investment regimes in over 40 key African economies, including details of each country’s income tax, VAT (or sales tax), and other significant taxes, and investment incentives available.
The European Commission has adopted the package of proposals aimed at upgrading legislation and introducing policy measures to deliver changes to reach climate neutrality by 2050 and, to support this, reduce net emissions by at least 55% (compared to 1990) by 2030.
The CJEU has ruled on whether renting out real estate can qualify as a fixed establishment of the taxpayer for VAT purposes. The court confirmed that there is no fixed establishment where none of the taxpayer’s own personnel are at the location.
The Inter-American Center of Tax Administrations and Guatemala’s tax authorities have presented an initiative regarding a compliance system that Latin American countries can use to facilitate VAT registration and compliance by nonresident suppliers.