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It has come to light in March 2022, that the Irish Tax Authority (“ITA”) has reached out to Airbnb Ireland UC (“Airbnb”), for the disclosure of specific information, as pertains to income generated from the online accommodation booking platform, across both current and historical transactions. This arose after the South African Revenue Service (“SARS”) issued an exchange of information request to the ITA pertaining to South African resident hosts not having their Airbnb in order. The ITA actioned immediately, engaging Airbnb for the transactional l...

The Cabinet Secretary responsible for the National Treasury read his budget statement on 7 April 2022. In this alert, we summarise the salient tax proposals set out by the Cabinet...

The French Administrative Supreme Court issued a judgment in February that clarifies the assessment of company residence for access to double tax treaty (DTT) benefits, as Nicolas Duboille and Clément Riccio of Sumerson explain.

The move is aimed at helping the KRA conduct audits on the books of multinationals in a bid to identify revenues that were generated in Kenya, but declared in other jurisdictions.

CbC reporting requires large multinational enterprises (MNEs) to file a report providing a breakdown of the amount of revenue, profits, taxes and other indicators of economic activities.