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Based on the government’s programme, the Hungarian tax system is set to undergo substantial transformation in the coming years. One of the most significant elements of this transformation is the introduction of a classic wealth tax.

Recent tax developments from different countries on the continent africa.

Capital Gains Tax ("CGT") is a tax generally levied on the gain made from the disposal of various capital properties. Kenya operates a source-based tax system.

Following the commencement of Nigeria’s Reform Acts, there has been concerted efforts to digitalize Nigeria’s tax administration process in practical terms.

South Africa was among the first African jurisdictions to levy VAT on cross-border digital services, introducing the regime in 2014 and widening it through electronic services regulations in 2019 and 2025.

The expansion of the scope of the Financial Activities Tax (TAF) introduced by the 2024 Finance Act now raises questions extending far beyond interest and treasury income