On 2 April 2025, the President of Ghana signed the Electronic Transfer Levy (Repeal) Act 2025 (Act 1128), thereby repealing the Electronic Transfer Levy Act 2022 (Act 1075) and the Electronic Transfer Levy (Amendment) Act 2022 (Act 1089). Consequent…
On 1 April 2025, the provisions of Law No.479-FZ on Taxation of Advertising Revenue for Online Platforms come into effect. The Law amends Federal Law No. 38-FZ on Advertising and mandates distributors of online advertising to remit 3% of their quart…
On 1 April 2025, The Finance Act 2025 (No. 7) entered into force, implementing the abolition of the 6% Equalisation Levy on online advertising services. The repeal is applicable to consideration for digital advertisement services arising on or after…
On 1 April 2025, the revisions to the Tax Management Law enter into force. The revisions require e-commerce platforms to provide information and cooperate with tax authorities to ensure taxes are paid in accordance with regulations. In particular, t…
On 11 March 2025, the Joint Resolution to disapprove the Internal Revenue Service (IRS) Digital Asset Reporting Rule (HJR 25) was passed by the House of Representatives. The IRS rule, published on 30 December 2024, extends reporting requirements to …
On 20 February 2025, the Nigerian Digital Sovereignty and Fair Data Compensation Bill, 2025 (SB. 722) was introduced in the Senate. The Bill aims to strengthen Nigeria’s revenue base by ensuring that foreign companies offering data services in Niger…
On 15 February 2025, the Norwegian Ministry of Finance closed its public consultation regarding a new proposal aimed at imposing reporting obligations on crypto asset service providers, including those offering exchange and storage services. This pr…
On 11 February 2025, Rwanda's Ministry of Finance and Economic Planning announced that the Cabinet approved a 1.5% Digital Service Tax (DST) aimed at foreign companies providing platform intermediary services in Rwanda. The tax reform is part of the…
On 20 January 2025, the President of the United States adopted a Memorandum on the Organisation for Economic Co-operation and Development's (OECD) Global Tax Deal. The Memorandum declares that prior commitments made by the United States regarding th…
On 20 January 2025, the President of the United States adopted a Memorandum on the Organisation for Economic Co-operation and Development's (OECD) Global Tax Deal. The Memorandum declares that prior commitments made by the United States regarding th…