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Brazil has revealed a tax exemption plan for individuals earning up to 5,000 reais monthly, funded by new taxes on higher earners. This strategy, aimed at improving President Lula’s popularity, …
Brazil Introduces Income Tax Exemption Plan Amid Lula’s Popularity Push Read More
The Liberia Revenue Authority will implement key tax reforms on April 1, aimed at boosting economic growth and easing tax burdens. Notable changes include reduced excise taxes, extended tax return …
Liberia Revenue Authority to Implement Amended Tax Laws on April 1 Read More
Brazil’s Finance Minister Fernando Haddad has revised the projected cost of the income tax exemption proposal to $4.75 billion annually, down from $35 billion. The proposal aims to increase the …
Brazil’s Finance Minister Lowers Income Tax Exemption Cost Estimate to $4.75 Billion Read More
South Africa’s lawmakers will review the 2025 budget soon, after the proposed VAT hike was largely rejected. Finance Minister Enoch Godongwana’s plan faces scrutiny, with only limited time for approval …
Scrutiny Ahead: South Africa’s Budget and VAT Increase Challenges Read More
Brazil’s Finance Minister Fernando Haddad announced that the proposed income tax exemption will have a fiscal impact of 27 billion reais ($4.75 billion) annually, which will be offset by compensatory …
Brazil’s Income Tax Exemption Proposal Estimated at $4.75 Billion Fiscal Impact Read More
Finance Minister Fernando Haddad expects a fiscal impact of $4.75 billion from the proposed income tax exemption in Brazil, which will be offset by compensatory measures. Brazil’s Finance Minister Fernando …
Brazil’s Finance Minister Projects $4.75 Billion Impact from Tax Exemption Proposal Read More
Morocco’s tax authority, DGI, urges businesses to submit 2024 declarations electronically by April 1, 2025. All unpaid invoices issued after January 1, 2024, must be declared. Penalties apply for unpaid …
Morocco’s Tax Authority Urges Businesses to Declare Unpaid Invoices Before April 2025 Read More
South Africa’s lawmakers will review the 2025 budget, which includes a debated VAT hike. The budget faced rejection from major parties despite a reduced VAT increase. Lawmakers have three stages …
Examining South Africa’s Budget Review and Proposed VAT Increase Read More
In 2024, Mozambican tax authorities recovered over 110.7 million meticais and executed nearly 250 seizures. Revenue collection, however, fell short of targets, totaling approximately 344,836 million meticais. The government implemented …
Mozambique Tax Authorities Enhance Debt Recovery Amidst Revenue Challenges Read More
The 2022 GEITI report indicates that oil revenues constituted 85% of total extractive sector revenues; however, a significant discrepancy of G$196.7 million exists between government and company reported figures. The …
Analysis of the Guyana EITI 2022 Report: Revenue Transparency and Audit Challenges Read More