Keywords: Tax reform
India is considering changes to its tax framework aimed at making the country more attractive to offshore investment funds by reducing the risk of local tax liabilities when foreign investors operate through India-based fund managers. The proposed amendments, outlined in a draft bill, are part of government......
Foreign investment in India's government bond market reached an all-time monthly high in June, driven by recent tax reforms and growing expectations that the country's debt securities could secure broader representation in major global bond indexes. According to clearing house data released......
A majority of people in Germany are skeptical about proposals to increase value-added tax (VAT) in order to finance reductions in income tax, according to a recent survey conducted by the Nuremberg Institute for Market Decisions (NIM). The study presented respondents with a hypothetical reform in which......
The Moroccan tax administration has announced the launch of a new digital platform dedicated to the collection of Value Added Tax (VAT) on remote digital services provided by foreign companies operating in the Moroccan market. According to the General Directorate of Taxes, the “Taxation on digital......
For more than three decades, his name has been closely associated with the management of Morocco’s public finances. Discreet yet omnipresent within the inner workings of the administration, Noureddine Bensouda has shaped a significant part of the Kingdom’s fiscal and budgetary policies. A......
Africa’s aviation industry faces a crisis of over-taxation that threatens to deepen youth unemployment and migration across the continent, according to Esayas Woldemariam Hailu, CEO of ASKY Airlines. Speaking at a World Bank summit in Washington, D.C., Hailu warned that excessive levies on airline......
Morocco’s tax revenues surged by 25.1 billion dirhams by the end of June 2025, marking a 16.6% increase compared to the same period in 2024. The announcement was made by Fouzi Lekjaa, Minister Delegate in charge of the Budget, during a parliamentary session on Monday. The minister attributed......
Morocco's tax revenues reached unprecedented levels in 2024, with net collections amounting to MAD 220.52 billion ($24.23 billion), as revealed by the General Directorate of Taxes (DGI) in its annual report. This figure marks a 16% increase from the previous year and represents 111% of the targets......
Real estate investment trusts (Socimis) are increasingly at the center of Spain's housing debate, especially as the government implements new tax measures aimed at addressing the worsening housing crisis. While many may not be familiar with Socimis, they play a significant role in the property market,......
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