The International Islamic Trade Finance Corporation (ITFC) and the African Export-Import Bank (Afreximbank) have signed a US$100-Million agreement and a EUR 50-Million Murabaha agreement
Foreign
Switzerland, France To Implement Airport Tax Deal
Switzerland and France have announced that their agreement on the tax system applicable to EuroAirport Basel Mulhouse Freiburg (EAP) will enter into force from next month.
U.S Senators, Reps Pass Tax Reform Bill
The Republican-controlled U.S. House of Representatives gave final approval on Wednesday to the biggest overhaul of the U.S. tax code in 30 years
IMF urges UK To Consider Tax Hikes In Austerity Drive
The International Monetary Fund (IMF) has advised the United Kingdom to look to tax measures to bring down budget deficit
SEC Halts Trading In Crypto Firm After Eye-Popping Rise
U.S. securities regulators today temporarily suspended trading in the shares of Crypto Company, a small firm that saw its stock rise more than 2,700 percent this month
U.S Tax Bill To Add $448bn To Federal Deficit – Tax Foundation
The final Republican tax bill set for a House vote today has been projected to add $448 billion to federal deficits over 10 years with economic growth factored in
UK Issues Draft Regulations, Memo On Digital VAT Reforms
The UK tax authority has released draft regulations and a draft explanatory memorandum to introduce changes to the UK VAT regime.
South African Tax Agency Reports On Tax Trends
The South African Revenue Service (SARS) has released the 2017 edition of its Tax Statistics report, covering the agency’s performance over the 2013 to 2016 tax years.
ITFC Supports Gambia’s Agric With $17.5M Syndicated Murabaha Financing
The International Islamic Trade Finance Corporation (ITFC) has signed a syndicated Murabaha financing Agreement totalling US$ 17.5 million with the Government of The Gambia.
Republicans Confident Tax Bill To Become Law This Week
Top U.S. Republicans on Sunday expressed optimism that they expected Congress to pass a tax code overhaul this week.