The aim of this newsletter is to give you an easy-to-read overview of the latest tax updates in Africa. This month’s NL-Africa Tax Desk newsletter includes, amongst others, an update on the 2024 mid-year budget review in Ghana, the Finance Bill 2024 in Mauritius and the Kenyan Finance Act 2023.
The digitalization of the economy and the rise of digital platforms has affected many business sectors. These developments have also led to a shift from traditional employment relationships based on employment contracts to the provision of services on a self-employed basis. There is thus a risk that the income sellers realize via digital platforms is not fully reported.
Export control legislation can apply to physical goods but also to the sale or transfer of intangible assets such as technology and software. Export control regulations may also have an extraterritorial effect; this applies in particular to US export control regulations. Compliance with export control rules therefore has a multi-legal dimension.
