Growth and debt relief measures at the centre of the Summit on Financing African Economies Today, 18 May 2021, Paris will host the Summit on Financing African Economies, which will welcome leaders of African and international organisations such as the UN, IMF, OECD, WTO and the World Bank, as well as  African Heads of State...Read More

Chile’s Lower House approves Wealth Tax On the 21st of April, Chile Chambers of Deputies approved a Bill proposing a constitutional reform project which will implement tax measures to finance an emergency universal basic income. The aim of this measure is to support middle and low income families that have been impacted the most by...Read More

Kenya Revenue Authorities set up new Voluntary Tax Disclosure Programme The Finance Act 2020, assented into law by the President of Kenya on June  30, 2020, introduced a series of measures aimed at increasing tax revenue, enhancing  compliance, and modernising the tax legislative framework in Kenya. Among these measures, a new  Voluntary Tax Disclosure Programme...Read More

Changes in estate and gift taxes proposed to US Senate In March 2021, US Democratic Senators proposed to the US Senate two pieces of legislation that if enacted will revolutionise taxation of estates and gifts. The For the 99.5% Act (the 99.5% Act) and the Sensible Taxation and Equity Promotion Act (the STEP Act), if...Read More

Colombia to propose wealth tax in new tax reform Bill On April 5, the Colombian Ministry of Finance’s tax reform Bill was presented to the Congress of the Republic of Colombia. In the wake of the Covid-19 pandemic, the aim of the reform is to reduce the country’s fiscal deficit, probably also through a one-time...Read More