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Streets named after a country's heroes and heroines can be a hotly contested and emotive issue, especially in a country such as South Africa, with its colonial and apartheid past.

The week building up to Minister Tito Mboweni's budget speech was filled with rumours about an increase in the VAT rate and a new proposed wealth tax on assets.

The National Budget will be delivered by South Africa’s Minister of Finance, Pravin Gordhan, on 27 February 2013.

Few international and multinational companies in South Africa have escaped a section 31 transfer pricing examination by the South African Revenue Service ("SARS").

The latest proposed amendments will see, inter alia, some relief for taxpayers in relation to the Controlled Foreign Company ("CFC") rules and the scope of an "Affected Transaction"

Now that most applicants who sought amnesty under the Amnesty Act (or, to give it its full name, The Exchange Control Amnesty and Amendment of Taxation Laws Act No. 12 of 2003) have received their amnesty approvals, many will be turning their attention to the tax-efficiency of their offshore structures, which would also be viewed in conjunction with the costs of maintaining them

The Taxation Laws Amendment Act, 31 of 2013 introduced with effect from 1 April 2014, a new section 8F into the Income Tax Act.

The Organization for Economic Cooperation and Development has recently issued a 15 point action plan on base erosion and profit shifting.

The National Fiscal Stabilisation Levy Act, 2013 (Act 862) which was gazetted on 15 July 2013, requires certain entities to pay 5% of their profit before tax as a NFSL levy on a quarterly basis.

Dividends, other than certain foreign dividends, received by or accrued to or in favour of any person, do not constitute ‘income’ as defined in section 1 of the Income Tax Act, Act 58 of 1962 ("the Act"), being exempt from normal tax under section 10(1)(k)(i) of the Act.

Taxation of mining companies has once again been at the forefront of the debate as to whether the State derives sufficient economic benefit in light of President Zuma's State of the Nation Address.

The BEPS Report is aimed at addressing certain tax avoidance strategies used to avoid the creation of a PE.

Many countries have become more focused on combating tax avoidance.

Under section 96(2) of the TAA, the Commissioner is obliged to supply the taxpayer with the grounds of the assessment so that the taxpayer can understand the basis on which the assessment has been issued.

The Draft Employment Tax Incentive Bill, 2013 ("DETIB") was published by National Treasury during September 2013 and gives effect to the proposals to subsidise the cost of hiring younger workers as first announced by Government in 2010.

A transfer pricing unit, set up as an administrative technical structure forming part of the Large Taxpayers Directorate of the General Tax Administration, was launched on 25 September 2017 and ...

In a year dominated by the announcement of an exchange control and tax amnesty, the tax authorities continued with major revisions of and additions to the Income Tax Act. Several important decisions emerged from the courts, including one that succeeded in putting a brake on one of the more excessively draconian practices of SARS