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A number of regional and international developments have contributed to the current emphasis on transfer pricing by African tax authorities.

For enterprises in South Africa that operate within the dynamic food and beverage industry, understanding and effectively utilising indirect tax incentives are a powerful way to enhance profitability and gain a competitive edge.

The introduction of a Corporate Climate Responsibility Levy (the "CCR Levy") was announced as part of the Mauritius National Budget 2024/2025.

As part of the new changes, a new body the Tax Appeals Tribunal of Eswatini (RATE) has been created, it is now operational and receiving cases effective 15 November 2022.

The 2021 budget speech, which was delivered by the Minister of Finance on 24 February, hit the right notes in preferring economic growth over raising taxes as a means to increase tax revenue.

The Tax Administration Bill, No 11 of 2011, was promulgated on 4th July 2012 in Government Gazette No 35491.

In an effort to increase revenue collection, the Tanzanian Government has in recent years emphasised the use of technology to strengthen tax administration and compliance.

The draft regulations have been widely anticipated by industries that will be subject to the carbon tax and the local carbon market.

Following a round of public comments in relation to the Draft Notice, on 28 October 2016, SARS released a final version of the notice, setting out the documents required to be kept specifically for transfer pricing purposes.

The South African government should reduce tax rates to grow the economy and increase tax collections, according to Yasmeen Suliman, director corporate tax at KPMG.

Should phantom shares be taxed in terms of section 8C of the South African Income Tax Act, 1962, or should they be regarded as a bonus, to which section 7B of the Act applies?

Prior to the Tax Administration Act No. 28 of 2011, the Commissioner: South African Revenue Service was required to apply for a preservation order under the common law.

It is well known that the growth of the South African economy is languishing, and that unemployment levels are dangerously high.

Earlier this year, the South African Revenue Service ("SARS") released issue 2 of Interpretation Note 6 ("draft Interpretation Note") on the "place of effective management".

The Tax Administration Act, Act 28 of 2011brought with it many changes to not only taxpayers' rights and obligations but the reciprocal rights and obligations on the part of the South African Revenue Service in its continuous business of revenue collection.

The SVDP application period opened on 1 October 2016 and will close on 31 August 2017.

When SARS disallows or only partially allows your tax objection, you have the right to appeal. Understanding the procedural requirements, strict deadlines, and available dispute resolution options can make the difference between a successful appeal and losing your right to challenge the assessment altogether.