ArticleKPMG And Blue J Launch First-Of-Its-Kind Artificial Intelligence Tax Tool In The UKWe are excited to announce that we have partnered with KPMG to launch an AI-powered tax tool in the UK. United KingdomTaxBlue J Legal
ArticleSix US Tax Compliance Updates You NEED To KnowQI, FATCA, CRS, MDR…whatever you're dealing with, you can be sure that the topic of compliance is never far behindUnited StatesTaxKPMG Luxembourg
ArticleFederal Government Of Nigeria Introduces Cost Efficiency Incentive Framework For Upstream OperatorsOn 30 April 2025, the President of the Federal Republic of Nigeria, Bola Ahmed Tinubu, signed into law the Upstream Petroleum Operations (Cost Efficiency Incentives) Order, 2025 via Statutory Instrument No. 22 of 2025. NigeriaEnergy and Natural ResourcesKPMG in Nigeria
ArticleLIRS Introduces ETax-Generated Bill Reference For Payment Of TaxesThe Lagos State Internal Revenue Service (LIRS) has issued a Public Notice introducing the eTax-generated bill reference ("bill reference") to facilitate and optimize the ease of tax payments...NigeriaTaxKPMG in Nigeria
ArticleNigeria Imposes Income Tax On Forex Gains Of BanksThe Federal Government of Nigeria is seeking to tax the realised profits from all foreign exchange transactions of banks in the 2023 financial year.NigeriaTaxKPMG in Nigeria
ArticleTAT Rules That Transfer Of Interest In Oil Prospecting License Is Subject To Capital Gains TaxIn November 2005, Sahara transferred half of its 90% participating interest in OPL 332 to BG Exploration and Production Nigeria Limited and realised a gain of US$27,915,000 on the transfer.NigeriaTaxKPMG in Nigeria
ArticleKPMG ResearchRegulatory deadlines loom and only 25% of companies feel ready to have ESG data independently assured.CyprusCorporate/Commercial LawKPMG in Cyprus
ArticleEU Commission Proposes CBAM SimplificationsOn 26 February 2025, the EU Commission has adopted the 'Omnibus' package of proposals aiming to boost competitiveness of EU companies while continuing to follow the climate and sustainability goals. One of the proposals introduces amendments to CBAM rules ensuring effective prevention of carbon leakage and simultaneously reducing the companies' administrative burdens. CyprusCorporate/Commercial LawKPMG in Cyprus
ArticleExtension Of Deadline - UBO RegisterExtension to the Deadline for Re-submission of the UBO data through the Final Solution System– UBO Register...CyprusCorporate/Commercial LawKPMG in Cyprus
ArticleRegistered Unemployed: November 2022The unemployed persons, registered at the District Labour Offices on the last day of November 2022, reached 15.309 persons.CyprusEmployment and HRKPMG in Cyprus
ArticleIndustrial Turnover Index: 2022In September 2022, the industrial turnover Index reached 205,4 units (base 2015=100), recording an increase of 22,6% compared to September 2021.CyprusEnergy and Natural ResourcesKPMG in Cyprus
ArticlePrice Index Of Construction Materials: January 2023Compared to the same month of the previous year, the index recorded an increase of 12,25%.CyprusReal Estate and ConstructionKPMG in Cyprus