The South Sudan Financial Act, 2024/2025 was assented into law on 25 November 2024.The Act amends various tax laws relating to Business Profit Tax, Withholding Tax, Sales Tax, Excise Tax and Customs Duties.Based on a Circular issued by the South Sudan Revenue Authority (SSRA) the changes became effective on 2 December 2024. Executive summaryOn 25 November 2024, the President of South Sudan assented to the Financial Act, 2024/2025 (the Act). South Sudan's Transitional National Legislative Assembly (TNLA) had unanimously passed the Financial Act and Appropriation Acts on 9 September 2024.The Act introduces amendments to various tax laws including Business Profit Tax...