NL-Africa Tax Desk newsletter – October 2022
Dear reader,
This month’s NL-Africa Tax Desk newsletter includes an overview of the 2023 budget proposals in Nigeria and the latest transfer pricing developments in South Africa. Next to that, with effect from 1 January 2023 approximately 50 of South Africa’s 80 tax treaties will be modified to the extent provided by the MLI and South Africa’s specific elections.
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 Desk and the services we offer or to download our factsheet.
Best regards,
NL-Africa Tax Desk team
Meijburg & Co
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Table of contents
Africa
- Electronic invoicing (e-invoicing) and digital reporting global updates
- Focus on East Africa’s trade and customs environment (October 2022)
- Transfer pricing documentation summaries by jurisdiction
- Taxation of the digitalized economy - update on global developments
Netherlands
Nigeria
- Budget proposals for 2023
- VAT and its effect on the uptake of renewable energy products
- VAT is principal tax on goods and services in hotels, restaurants and event centers (court decision)
OECD
South Africa
- African Tax Administration Forum Agreement on Assistance in Tax Matters becomes operational
- Guidance on definition of “associated enterprises” under transfer pricing rules
- Increased transfer pricing scrutiny
- MLI to enter into force 1 January 2023
- SARS’ tax guide for small businesses
Uganda
