Tax and VAT Newsletters

In this alert:

Regulatory Alert - Withholding of royalty and inspection fees from amounts payable to a constructor by a public sector entity

Effective 14 March 2025, a public sector entity that makes payments to a constructor that uses minerals in the construction contract is required to withhold royalty and inspection fees payable for such minerals and remit it to the Mining Commission within seven days from the date of the collection.

The below Alert provides more details regarding the matter.