Tax Clampdown on Multinationals in Africa
- London Clifford Chance 2016
- 3p.
- Client Briefing Note .
This report reveals that Many African governments have in recent years strengthened their efforts to have more control over the activities of multinational corporations which operate in their jurisdictions. In a number of jurisdictions, tax assessments have been and are being raised for withholding tax, corporation tax, income tax, VAT and/or stamp duty on local transactions or, in the case of disposals, seller's capital gains tax. Assessments have been raised for some or all of these taxes by a tax authority and objected to by a taxpayer
