1. [Home](https://www.meijburg.com/) 2. [News](https://www.meijburg.com/news) 3. NL-Africa Tax Newsletter – July 2024 # NL-Africa Tax Newsletter – July 2024 July 31, 2024 ![NL-Africa Tax Newsletter](https://www.meijburg.com/sites/default/files/styles/detail_banner_xl/public/2023-10/capture_1_0.png) Dear business relation, This month’s NL-Africa Tax Desk newsletter includes, amongst others, an update on the 2024 tax measures in Zimbabwe. Next to that, please find below a link to the updated KPMG BEPS 2.0 (Pillar Two) tracker, housed on the KPMG Digital Gateway platform. 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). Please visit **[our website](https://meijburg.nl/over-ons/contact-kantoren/internationale-markten-en-landendesks/nl-africa-tax-desk)**[ ](https://meijburg.com/about-us/offices-country-desks/international-markets-and-country-desks/nl-africa-tax-desk)for more information on the NL-Africa Tax Newsletter and the services we offer or to download our factsheet. Best regards, NL-Africa Tax Desk team Meijburg & Co \------------------------------------------------------------------------------------------------------ **Africa** - [African Tax Administration Forum (ATAF) publishes technical note on Amount B rule of Pillar One](https://events.ataftax.org/index.php?page=documents&func=view&document_id=242) - [BEPS 2.0 (Pillar Two) state of play](https://digitalgateway.kpmgservices.tech/en-US/news/beps) - [Taxation of the digitalized economy](https://kpmg.com/kpmg-us/content/dam/kpmg/pdf/2023/digitalized-economy-taxation-developments-summary.pdf) - [Transfer pricing documentation summaries by jurisdiction ](https://kpmg.com/kpmg-us/content/dam/kpmg/pdf/2023/kpmg-global-transfer-pricing-review.pdf) **Algeria** - [MLI signed](https://kpmg.com/us/en/home/insights/2024/06/tnf-oecd-algeria-signs-mli.html) **Nigeria** - [Imposed income tax on foreign exchange transaction gains of banks](https://kpmg.com/us/en/home/insights/2024/07/tnf-nigeria-imposed-income-tax-on-foreign-exchange-transaction-gains-of-banks.html) - [New withholding tax regulations](https://kpmg.com/us/en/home/insights/2024/07/tnf-nigeria-withholding-tax-regulations.html) **Rwanda** - [Rwanda implements new law establishing tax on minerals](https://www.minijust.gov.rw/index.php?eID=dumpFile&t=f&f=101813&token=2ebc882eb3f0ecd9f579564a2be0321526df3cb6) **South Africa** - [Extension of visa concessions to foreign nationals ](https://kpmg.com/xx/en/home/insights/2024/07/flash-alert-2024-154.html) - [South Africa issues updated guidance on personal income tax](https://www.sars.gov.za/wp-content/uploads/Ops/Guides/Legal-Pub-Guide-IT01-Guide-on-Income-Tax-and-the-Individual.pdf) - [South Africa publishes draft guide on special economic zones for public comment](https://www.sars.gov.za/wp-content/uploads/Legal/Drafts/Legal-LPrep-Draft-2024-23-Draft-Guide-Income-Tax-Benefits-in-Special-Economic-Zones-5-July-2024.pdf) - [South Africa updates interpretation note on deduction for energy efficiency savings](https://www.sars.gov.za/wp-content/uploads/Legal/Notes/Legal-IntR-IN-95-Deduction-for-energy-efficiency-savings.pdf) - [South Africa updates tax exemption guide for small business funding entities](https://www.sars.gov.za/wp-content/uploads/Ops/Guides/Legal-Pub-Guide-Gen10-Tax-Exemption-Guide-for-SBFEs.pdf) **Tanzania** - [Waiver of late fees for company documents](https://kpmg.com/us/en/home/insights/2024/07/tnf-tanzania-waiver-of-late-fees-for-company-documents.html) **Zimbabwe** - [Tax measures in 2024 mid-term budget review](https://kpmg.com/us/en/home/insights/2024/07/tnf-zimbabwe-tax-measures-in-2024-mid-term-budget-review.html) Read more: - [ Africa ](https://www.meijburg.com/taxonomy/term/134) - [ NL-Africa Tax Desk ](https://www.meijburg.com/international/country-desks/nl-africa-tax-desk) - [ ![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/2539&title=NL-Africa Tax Newsletter – July 2024&source=https://www.meijburg.com/markdownify/node/2539 "Linkedin") - [ ![Email](https://www.meijburg.com/themes/custom/openworld/static/images/icon_email.svg) ](mailto:?subject=NL-Africa Tax Newsletter – July 2024&body=Check out this site https://www.meijburg.com/markdownify/node/2539 "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/2539 "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? ### NL-Africa Tax Newsletter ](https://m10.mailplus.nl/wp8EzymIImJV-5915-31000308-test-1) [ To register ](https://m10.mailplus.nl/wp8EzymIImJV-5915-31000308-test-1) [## More information on the NL-Africa Tax Newsletter? ](https://www.meijburg.nl/over-ons/contact-kantoren/internationale-markten-en-landendesks/nl-africa-tax-desk) [ Read more ](https://www.meijburg.nl/over-ons/contact-kantoren/internationale-markten-en-landendesks/nl-africa-tax-desk) [ ![Sebastiaan Paling](https://www.meijburg.com/sites/default/files/styles/person_search_result/public/2022-07/Sebastiaan%20Paling%20profiel.jpg) ](https://www.meijburg.com/about-us/our-people/sebastiaan-paling) [ Sebastiaan Paling ](https://www.meijburg.com/about-us/our-people/sebastiaan-paling) Director paling.sebastiaan \[at\] kpmg.com [ Meijburg Rotterdam ](https://www.meijburg.com/keep-me-updated/contact-offices/meijburg-rotterdam) [## Factsheet ### NL-Africa Tax Newsletter ](https://www.meijburg.nl/sites/default/files/2023-09/24327-kpmg-meijburg-factsheet_nl-africa-tax-desk_v03.pdf) [ Download ](https://www.meijburg.nl/sites/default/files/2023-09/24327-kpmg-meijburg-factsheet_nl-africa-tax-desk_v03.pdf)