Africa: Overview of recent tax developments (July/August 2026)
Recent tax updates from the Republic of the Congo, Madagascar, Nigeria, South Africa, and Zambia
Recent tax-related developments in Africa include:
- Africa: OECD Global Forum 2026 report on tax transparency in Africa
- Africa: West African Tax Administration Forum (WATAF) calls for stronger regional action on tobacco taxation
- Republic of the Congo: Draft Finance Law 2026 seeks to reduce tax exemptions, digitalize tax processes, and optimize revenue from natural resources
- Republic of the Congo: Introduction of mandatory certified e-invoicing
- Madagascar: Finance Law 2026, which suspends the recently introduced motor vehicle tax and repeals the 20% VAT on interest charged by banks and financial institutions, enacted
- Nigeria: Guidelines on taxation of virtual assets, tax refunds, and applications for Economic Development Tax Incentive
- South Africa: Guide on implementation of advance pricing agreements (APAs)
- South Africa: Public comments invited on draft Taxation Laws Amendment Bill 2026 proposals
- Zambia: Extension of fuel tax relief
Read a July/August 2026 report prepared by the KPMG member firm in the Netherlands