• Tax

    In collaboration with a leading local accountancy firm, OBG provides an overview of the tax system, including information on corporate, sales and income taxes. Other topics include repatriation of profits, capital movements, investment incentives, Customs duties and free zones.
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As the government continues its expansive reform agenda with Vision 2025, Sri Lanka’s economy is expected to record moderate improvements in 2018.

 

Economists have argued for easing taxes as a means to accelerate economic growth. Despite the adoption of the euro as a common currency, eurozone countries have maintained their independence in terms of fiscal instruments, adapting taxes to their objectives of economic growth and social distribution. Small countries like Ireland, Malta,...

 

Combining its strategic geographical location, a highly skilled labour force and competitive costs, Tunisia has always been a popular destination for foreign investors. Indeed, the country has positioned itself as a springboard for those looking to get involved in the African market and a centre for business process outsourcing. Committed to...

Chapter | Tax from The Report: Tunisia 2018

In conjunction with KPMG, this chapter explores the taxation system and Tunisia’s efforts to build an investor-friendly environment. It also contains a viewpoint with Moncef Boussannouga Zammouri, Managing Partner, KPMG.

Tunisia is working to gradually improve its economic indicators by means of tough yet necessary structural reforms. Although significant strides have been made since 2011, the country continues to face acute macroeconomic imbalances, while coincident reforms have suffered from changing administrations in the years following the revolution, negatively affecting economic growth.

 

The final version of International Financial Reporting Standard (IFRS) 9 – with its mandatory date of implementation from January 1, 2018 – is one of the most complex accounting standards issued by the International Accounting Standards Board, and one with serious impact on banks worldwide. IFRS 9 has been under development since the time of...

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