Friday, June 14, 2024
No menu items!

taxation

The Complex Financial Challenges of NFTs in South Africa

Before looking at the taxation of NFTs, it is important to understand what they are. In short, an NFT, or non-fungible token, is a unique blockchain-based digital asset. Being unique in its properties, an NFT cannot be duplicated and the content...

Nigeria: ALTON urges government to reduce multiple taxation

Telecommunications operators in Nigeria have urged the federal government to review the Amended Tax Order of 2015 to reduce multiple taxation. Association of Licenced Telecommunication Operators of Nigeria (ALTON) has asked the Federal Government to review the Amended Tax Order...

Understanding tax amendments for Cryptocurrencies

Treasury has proposed certain amendments to the Income Tax Act relating to the tax treatment of cryptocurrencies in the recently issued Draft Taxation Laws Amendment Bill (draft TLAB). In the draft TLAB, Treasury proposes to include cryptocurrencies in three areas,...

Nigerian telcos blame taxes for slow development

Several Nigerian telecom operators warned they might have to increase telecoms service tariffs due to operational expenses caused by multiple taxation. They said multiple taxation was responsible for slow networks and hindered infrastructure roll-out. They made these complaints during the...

Kenya: Mobile handset sales soar by 200%

Today the GSMA issued preliminary findings from research undertaken into taxation. Initially focused on Africa, the research shows that mobile handset sales have soared by 200 per cent in Kenya following the government's 2009 decision to slash the 16...
- Advertisement -spot_img

Latest News

Why is Closing The Cybersecurity Gender Gap Critical?

2024 signifies a seminal moment in South African history. Not only does it mark three decades since the first...
- Advertisement -spot_img