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The South African Taxation Laws Amendment Act, 2017 was signed into law on 18 December 2017 and made some notable changes to the tax regime.

On 12 June 2019, the Tax Court of South Africa delivered its judgment in ABC (Pty) Ltd v C:SARS (case no. 14287).

If not considered to be carrying on a trade, could the foreign exchange gains and losses on foreign debt instruments be considered to be interest?

It has always been a contentious issue as to the extent to which foreigners working in South Africa should be subject to tax in South Africa. In the absence of a double taxation agreement which governs the payment to the foreigners, one of the issues is whether remuneration is received by the foreigner in South Africa to the extent that it is actually paid by the South African employer to the foreigner.

The definition of "enterprise" in section 1 of the VAT Act includes the activities of the "welfare organization". The VAT Act defines the term "welfare organization" to mean any public...

We are heading into the last month for taxpayers to avail themselves of the VDP provided for in terms of the Voluntary Disclosure Programme and Taxation Laws Second Amendment Act ("the VDP Act").

The tax season for individuals started in July 2022 and it will close in October. Many individuals who are tax residents in South Africa (RSA) may have been working abroad during the ...

In the National Budget Speech delivered on 20 February 2019, it was announced that National Treasury will publish a draft Environmental Fiscal Reform Policy Paper in 2019.

The Retirement Fund Reform Discussion Paper issued by the National Treasury in December 2004 elicited suggestions from a wide range of institutions and people. There were a number of excellent suggestions put forward and it is to be hoped that many of them will be incorporated into the draft Bill, which is now eagerly awaited.

Recent amendments were made to both the local dividend income tax exemption, as well the foreign dividend income tax exemption.

Further details have just been released regarding the revised anti-dividend stripping tax avoidance provisions, which were announced by Finance Minister Tito Mboweni on 20 February 2019.

The 2018 Budget Review contains a number of proposals that will impact businesses operating in South Africa.

Since the introduction of capital gains tax it has been a contentious issue whether capital gains tax would arise in circumstances where a testator releases a debtor from a debt owed by the debtor to the testator or where the testator would bequeath the subject matter of the debt to the debtor resulting in potential set-off or confusio.

In the 2013 Budget Review, which was released on 27 February 2013, specific mention was made that a research project is underway in which consideration is being given to a unified treatment of dividend cessions and manufactured dividends.

The Income Tax Act contains specific provisions relating to the timing of the accrual or incurral of interest for tax purposes. BPR272 deals with an arrangement that contains deferred payment...

In terms of the 2012 Draft Taxation Laws Amendment Bill, which was made available for comment on 13 March 2012, the long-awaited proposed amendments to sections 8E and 8EA of the Income Tax Act were published.

The tax implications of assuming contingent liabilities as part of a sale of business present uncertainties for both sellers and purchasers.

The Foreign Accounts Tax Compliance Act had a very controversial reception by the global financial services community, and saw a robust lobbying effort against its more onerous obligations.