1. [Home](https://www.meijburg.nl/) 2. [Nieuws](https://www.meijburg.nl/nieuws) 3. NL-Africa Tax Desk newsletter – November 2022 # NL-Africa Tax Desk newsletter – November 2022 30 november 2022 ![Africa](https://www.meijburg.nl/sites/default/files/styles/detail_banner_xl/public/2022-01/africa%20desk22_0_0.jpg?h=ae5ebffa) Dear reader, This month’s NL-Africa Tax Desk newsletter includes an overview of tax incentives for start-up companies in Nigeria, an update on tax law changes in Mozambique and several proposed tax law changes (i.e., on international shipping income and interest deduction) in South Africa subject to public consultation. 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://CT-1-11941-meijburg.nl/over-ons/contact-kantoren/internationale-markten-en-landendesks/nl-africa-tax-desk)** for more information on the NL-Africa Tax Desk and the services we offer or to download our factsheet. Best regards, NL-Africa Tax Desk team Meijburg & Co \------------------------------------------------------------------------------------------------------ ## Table of contents **Africa** - [Transfer pricing documentation summaries by jurisdiction](https://tax.kpmg.us/content/dam/tax/en/pdfs/2022/kpmg-global-transfer-pricing-review.pdf) - [Taxation of the digitalized economy - update on global developments](https://tax.kpmg.us/content/dam/tax/en/pdfs/2022/digitalized-economy-taxation-developments-summary.pdf) - [Electronic invoicing (e-invoicing) and digital reporting global updates](https://tax.kpmg.us/content/dam/tax/en/pdfs/2022/e-invoicing-digital-reporting-global-updates.pdf) **OECD** - [New peer review reports on the exchange of information on request](https://www.oecd-ilibrary.org/taxation/global-forum-on-transparency-and-exchange-of-information-for-tax-purposes-peer-reviews_2219469x) - [Revenue Statistics in Africa 2022](https://www.oecd.org/tax/tax-policy/covid-19-hit-african-tax-revenues-hard-but-increased-foreign-aid-softened-the-blow.htm) **Botswana** - [Amendments to income tax law exempt corporate bodies from income tax, provide increases in tax-free pension thresholds](https://home.kpmg/us/en/home/insights/2022/11/tnf-botswana-amendments-income-tax-law.html) **Kenya** - [Kenya signs Multilateral Competent Authority Agreement on Automatic Exchange of Country-by-Country Reports](https://www.oecd.org/tax/beps/CbC-MCAA-Signatories.pdf) **Mozambique** - [Mozambican government approved several tax law changes](https://www.linkedin.com/posts/kpmg-mozambique_tax-update-activity-7000475742153121792-qlIz/?utm_source=share&utm_medium=member_desktop) **Nigeria** - [Appointment of VAT collection agents](https://home.kpmg/us/en/home/insights/2022/11/tnf-nigeria-vat-collection-agents.html) - [Direct collection of taxes from online gaming transactions ](https://home.kpmg/us/en/home/insights/2022/10/tnf-nigeria-direct-collection-taxes-online-gaming-transactions.html) - [Taxation of institutions offering non-interest financial products and services in Nigeria](https://home.kpmg/us/en/home/insights/2022/11/tnf-nigeria-taxation-institutions-non-interest-financial-products-services.html) - [Tax incentives for start-up companies](https://home.kpmg/us/en/home/insights/2022/10/tnf-nigeria-tax-incentives-startup-companies.html) **South Africa** - [Draft legislation amending income tax law to align with new accounting standard for insurance contracts](https://home.kpmg/us/en/home/insights/2022/11/tnf-south-africa-draft-legislation-amending-income-tax-law-to-align-with-new-accounting-standard-for-insurance-contracts.html) - [Proposed withdrawal of practice allowing deduction of interest expense against related interest income](https://home.kpmg/us/en/home/insights/2022/11/tnf-south-africa-proposed-withdrawal-of-practice-note-allowing-deduction-of-interest-expense-against-related-interest-income.html) - [SARS requests comments on draft note on exemption of income taxes related to international shipping](https://www.sars.gov.za/wp-content/uploads/Legal/Drafts/Legal-LPrep-Draft-2022-64-Draft-IN-Exemption-of-income-relating-to-South-African-ships-used-in-international-shipping.pdf) - [South Africa signs Multilateral Competent Authority Agreement on CRS Mandatory Disclosure Rules](https://www.oecd.org/tax/exchange-of-tax-information/mdr-mcaa-signatories.pdf) Lees verder: - [ Afrika ](https://www.meijburg.nl/landendesk/afrika) - [ NL-Africa Tax Desk ](https://www.meijburg.nl/internationaal/landendesks/africa-desk) - [ NL-Africa Tax Newsletter ](https://www.meijburg.nl/internationaal/landendesks/africa-desk) - [ ![Linkedin](https://www.meijburg.nl/themes/custom/openworld/static/images/icon_linkedin.svg) ](http://www.linkedin.com/shareArticle?mini=true&url=https://www.meijburg.nl/markdownify/node/1998&title=NL-Africa Tax Desk newsletter – November 2022&source=https://www.meijburg.nl/markdownify/node/1998 "Linkedin") - [ ![Email](https://www.meijburg.nl/themes/custom/openworld/static/images/icon_email.svg) ](mailto:?subject=NL-Africa Tax Desk newsletter – November 2022&body=Check out this site https://www.meijburg.nl/markdownify/node/1998 "Email") - [ ![Print](https://www.meijburg.nl/themes/custom/openworld/static/images/icon_print.svg) ](# "Print") - [ ![whatsapp](https://www.meijburg.nl/themes/custom/openworld/static/images/icon_whatsapp.svg) ](https://api.whatsapp.com/send?text=https://www.meijburg.nl/markdownify/node/1998 "whatsapp") [ ](https://www.meijburg.nl/houd-mij-op-de-hoogte) [ Houd mij op de hoogte ](https://www.meijburg.nl/houd-mij-op-de-hoogte) [## 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 Desk? ](https://meijburg.com/nl-africa-tax-desk) [ Read more ](https://meijburg.com/nl-africa-tax-desk) [ ![Sebastiaan Paling](https://www.meijburg.nl/sites/default/files/styles/person_search_result/public/2022-07/Sebastiaan%20Paling%20profiel.jpg) ](https://www.meijburg.nl/over-ons/onze-mensen/sebastiaan-paling) [ Sebastiaan Paling ](https://www.meijburg.nl/over-ons/onze-mensen/sebastiaan-paling) Director paling.sebastiaan \[at\] kpmg.com [ Meijburg Rotterdam ](https://www.meijburg.nl/houd-mij-op-de-hoogte/contact-kantoren/meijburg-rotterdam) [## Factsheet ### NL-Africa Tax Desk ](https://meijburg.nl/sites/default/files/2020-11/KPMG%20Meijburg%20%26%20Co%20NL-Africa%20Tax%20Desk%20.pdf) [ Download ](https://meijburg.nl/sites/default/files/2020-11/KPMG%20Meijburg%20%26%20Co%20NL-Africa%20Tax%20Desk%20.pdf)