ArticleFHC Upholds The Illegality Of Stamp Duty Deductions Prior To Amendment Of The SDAFHC upholds the illegality of stamp duty deductions prior to amendment of the SDANigeriaLitigation, Mediation & ArbitrationKPMG in Nigeria
ArticleFHC Rules That Ancillary Income Earned By International Shipping Companies Does Not Constitute...CMA is a French shipping company that is engaged in the transportation of goods from foreign sellers to recipients in Nigeria and from Nigerian sellers to buyers in other countries.NigeriaTaxKPMG in Nigeria
ArticleResponsible Taxation And Transparency Reporting – Case For Inclusion Of Tax Transparency Report In 2021 Financial StatementsThe recently passed Finance Act, 2021 has widened the scope of taxes paid by companies. NigeriaTaxKPMG in Nigeria
ArticleTAT Nullifies Taxpayer's Claim Of Downstream Gas Utilization IncentivesOn Friday, 12 November 2021, the Tax Appeal Tribunal Lagos Zone decided in Seplat Petroleum Development Company Plc vs the Federal Inland Revenue Service, that the Appellant's claim of five (5) years tax holiday ...NigeriaTaxKPMG in Nigeria
ArticleTAT Rules On Allowable Expenses - Bad Debts And Public Relations ExpensesThe Tax Appeal Tribunal Lagos Zone has ruled, in NPF Microfinance Bank PLC and Federal Inland Revenue Service, that bad debts (which have been proven to be bad) are allowable for tax deductions...NigeriaTaxKPMG in Nigeria
ArticleThe President Approves The Implementation Of The 2023 Fiscal Policy Measures And Tariff AmendmentsThe Circular clarifies that the approved SPM, which are in line with the ECOWAS CET, shall become effective from Monday, 1 May 2023. NigeriaTaxKPMG in Nigeria
ArticleDoing Business In Russia 2013: Your Roadmap To Successful InvestmentsKPMG in Russia compiled a report providing a brief economic overview of Russia and introducing the tax and legal issues that are relevant for those planning to invest in Russia.RussiaInternational LawKPMG, South Africa
ArticleBuilding ResilienceOver the past two decades, countries across the Middle East have witnessed a ripple of unprecedented transformative events across multiple sectors. Saudi ArabiaCorporate/Commercial LawKPMG
ArticleUnlocking The FutureThe financial landscape of Saudi Arabia is undergoing a significant transformation, propelled by an ambitious Vision 2030 that seeks to position the Kingdom as the leading financial hub. As the Kingdom diversifies...Saudi ArabiaTechnologyKPMG
ArticleEvolving Insurance Regulation - A New Dawn…For insurers across the world, 2013 is shaping up to be another year of significant regulatory and commercial change.South AfricaFinance and BankingKPMG, South Africa
ArticleSEC Settles Charges Against Accounting Firm For Conducting Improper AuditThe SEC settled charges against an accounting firm for failing to properly audit an oil company in 2011.United StatesAccounting and AuditHogan Lovells Cadwalader
ArticleBig Shifts, Small StepsOver the past three decades, sustainability reporting has been largely voluntary. KPMG's surveys of sustainability reporting have offered meaningful insights on how to improve levels of disclosure...MaltaCorporate/Commercial LawKPMG Malta
ArticleKPMG report says Network Ten shares have nil valueTen Group creditors have voted overwhelmingly to accept an offer by CBS that pays 100 cents in the $ to most creditors.AustraliaInsolvency/Bankruptcy/Re-StructuringKordaMentha
ArticleCircular 4/2024 - Article 8(23A) Exemption For Employment Excercised In CyprusThe Tax Department issued Circular 4/2024 on 8 July 2024, regarding the exemption from income tax of 50% of the remuneration from employment exercised in Cyprus, as per the amended Article 8(23A) of the Income Tax Law.CyprusTaxKPMG in Cyprus
ArticleCompulsory Transmission & Exchange Of Cross-border Payment Data To Fight VAT Fraud As Of 2024Subsequently, information must be conveyed to the Member States in CESOP, where they will be stored, aggregated, and cross-checked with other European databases.European UnionTaxKPMG in Cyprus
ArticleHong Kong Capital Markets Update – Issue 06, December 2025New regular public float reporting requirements, and (ii) Additional public float disclosure obligations and a restriction from corporate actions for issuers with public float shortfallsHong KongFinance and BankingKPMG