Cooperatives
The Kenya Union of Savings and Credit Co-operatives (KUSCCO) has submitted proposals to the National Treasury for removing excise duty on SACCO member transactions. The move aims to cut financial service costs for members, many of low- and middle-income. Other suggestions include adjusting income tax bands and broadening cooperative society definitions.
AI에 의해 보고됨
The Confederation of Cooperatives of Colombia (Confecoop) has requested the National Tax and Customs Directorate (DIAN) to immediately suspend requirements for reports under the Common Reporting Standard (CRS) sent to cooperatives that do not engage in financial activities. Confecoop states that these notices lack legal basis for non-obligated entities. The request is supported by regulations such as Resolution 000078 of 2020 and Concept 10520 of 2025.