1. [Home](https://www.meijburg.com/) 2. [News](https://www.meijburg.com/news) 3. NL-Africa Tax Desk newsletter – July 2021 # NL-Africa Tax Desk newsletter – July 2021 July 29, 2021 ![africa](https://www.meijburg.com/sites/default/files/styles/detail_banner_xl/public/2021-01/africa%20desk222.jpg?h=140385b0) Dear reader, The aim of this newsletter is to give you an easy-to-read overview of the latest tax updates in Africa. This month’s newsletter includes a key update on 130 members of the OECD’s Inclusive Framework issuing a statement on a two-pillar solution to address the tax challenges arising from the digitalization of the economy and the African Tax Administration Forum’s response to this. Next to that, similar to recent developments in other African countries the enacted Finance Act, 2021 of Kenya shows that new tax measures are aimed on aligning Kenya’s tax law with international developments. This includes the introduction of country-by-country reporting for MNEs, more stringent regulations on thin capitalization and tax measures designed to enhance the tax base with more transactions being subject to taxation. If you would like to know more about the matters addressed in this newsletter or have any feedback, you are welcome to contact **[Sebastiaan Paling](mailto:paling.sebastiaan@kpmg.com)** (Head of the NL-Africa Tax Desk). Best regards, NL-Africa Tax Desk team Meijburg & Co \------------------------------------------------------------------------------------------------------ ## Table of contents #### Africa - [OECD - 130 countries and jurisdictions join new framework for international tax reform](https://www.oecd.org/tax/beps/statement-on-a-two-pillar-solution-to-address-the-tax-challenges-arising-from-the-digitalisation-of-the-economy-july-2021.pdf) - [African Tax Administration Forum’s response to 130 countries and jurisdictions joining a new framework for international tax reform](https://www.ataftax.org/130-inclusive-framework-countries-and-jurisdictions-join-a-new-two-pillar-plan-to-reform-international-taxation-rules-what-does-this-mean-for-africa) - [Country-by-Country Reporting and Master File / Local File: country implementation summary](https://assets.kpmg/content/dam/kpmg/us/pdf/2021/07/beps-action-13-jul15-2021.pdf) - [COVID-19 global tax developments summary](https://assets.kpmg/content/dam/kpmg/us/pdf/2020/03/covid-19-tax-developments-summary.pdf) - [Electronic invoicing (e-invoicing) and digital reporting global updates](https://assets.kpmg/content/dam/kpmg/us/pdf/2021/03/e-invoicing-digital-reporting-global-updates.pdf) - [Taxation of the digitalized economy - update of summary of global developments](https://tax.kpmg.us/content/dam/tax/en/pdfs/2021/digitalized-economy-taxation-developments-summary.pdf) #### Kenya - [Tax measures enacted in Finance Act, 2021](https://home.kpmg/us/en/home/insights/2021/07/tnf-kenya-tax-measures-enacted-finance-act-2021.html) #### Mauritius - [Tax measures in Finance Bill 2021](https://home.kpmg/us/en/home/insights/2021/07/tnf-mauritius-tax-measures-finance-bill-2021.html) #### Netherlands - [Overview of tax treaties as per July 1, 2021 (in Dutch)](https://www.rijksoverheid.nl/binaries/rijksoverheid/documenten/circulaires/2021/07/26/verdragenoverzicht-per-1-juli/Verdragenoverzicht+per+1+juli+2021.pdf) - [Taxation of cross-border mergers and acquisitions](https://home.kpmg/xx/en/home/insights/2021/04/the-netherlands-taxation-of-cross-border-mergers-and-acquisitions.html) #### Nigeria - [Extended deadline for companies filing income tax returns, reconciling unused withholding tax credit notes](https://home.kpmg/us/en/home/insights/2021/07/tnf-nigeria-extended-deadline-companies-filing-income-tax-returns.html) - [Tax assessment upheld, retroactive reduction of “tax holiday” for petroleum companies (tribunal decision)](https://home.kpmg/us/en/home/insights/2021/07/tnf-nigeria-tax-assessment-upheld-retroactive-reduction-tax-holiday-petroleum-companies.html) - [Tax measures included in Petroleum Industry Bill, 2021](https://home.kpmg/us/en/home/insights/2021/07/tnf-nigeria-tax-measures-included-petroleum-industry-bill-2021.html) #### **Seychelles** - [Tax amnesty available through December 2021 (COVID-19)](https://home.kpmg/us/en/home/insights/2021/07/tnf-seychelles-tax-amnesty-available-through-december-2021-covid-19.html) #### South Africa - [New tax rules for expatriating individuals](https://home.kpmg/us/en/home/insights/2021/07/tnf-south-africa-new-tax-rules-for-expatriating-individuals.html) - [Revised automotive investment scheme guidelines, cash grants for qualifying investments](https://home.kpmg/us/en/home/insights/2021/07/tnf-south-africa-revised-automative-investment-scheme-guidelines-cash-grants-qualifying-investments.html) - [Taxation of cross-border mergers and acquisitions](https://home.kpmg/xx/en/home/insights/2021/03/south-africa-taxation-of-cross-border-mergers-and-acquisitions.html) - [ ![Linkedin](https://www.meijburg.com/themes/custom/openworld/static/images/icon_linkedin.svg) ](https://www.linkedin.com/shareArticle?mini=true&url=https://www.meijburg.com/markdownify/node/1532&title=NL-Africa Tax Desk newsletter – July 2021&source=https://www.meijburg.com/markdownify/node/1532 "Linkedin") - [ ![Email](https://www.meijburg.com/themes/custom/openworld/static/images/icon_email.svg) ](mailto:?subject=NL-Africa Tax Desk newsletter – July 2021&body=Check out this site https://www.meijburg.com/markdownify/node/1532 "Email") - [ ![Print](https://www.meijburg.com/themes/custom/openworld/static/images/icon_print.svg) ](# "Print") - [ ![whatsapp](https://www.meijburg.com/themes/custom/openworld/static/images/icon_whatsapp.svg) ](https://wa.me/?text=https://www.meijburg.com/markdownify/node/1532 "whatsapp") [ ](https://www.meijburg.com/keep-me-updated) [ Keep me updated ](https://www.meijburg.com/keep-me-updated) [## Want to stay up to date on tax in Africa? 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