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The International Trade Administration Commission of SA (ITAC ) recently proposed 15% import duties on new energy vehicle (NEV) batteries, many of which currently...

Most taxpayers will be familiar with section 99 of the Tax Administration Act ("TAA"), namely the provisions which deal with the period of limitations for the issuance of assessments.

The Carbon Tax Bill provides for the imposition of a tax on the CO2 equivalent of greenhouse gas emissions and also amends the Customs and Excise Act to make provision for the administration and collection of ...

On Friday 10 March 2023, Minister of Finance approved new dispute resolution rules under section 103 of the Tax Administration Act, 2011. The new Rules repeal the Rules promulgated on 11 July 2014 and comes into effect immediately.

Tax authorities worldwide have certain powers aimed at enabling them to verify information submitted by taxpayers and the administration of tax legislation in their respective jurisdictions.

South Africa's tax system has arguably reached the tipping point where higher tax rates may well translate into lower tax collections.

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

The Draft Disaster Management Tax Relief Administration Bill, 2020 ("Bill") was released for public comment on 1 April 2020 and once signed into law, will take effect from that date.

The Forum on Tax Administration, comprising the heads of tax administrations from 45 economies, met in Moscow for the 8th meeting of the FTA.

The entry into force of the protocol to the double tax agreement between South Africa and Kuwait means tax free cross border dividends are no longer possible.

Recently, the South African Revenue Service (SARS) announced that it would no longer be issuing printed tax clearance certificates (TCCs). The announcement was not unexpected as SARS had...

This article forms part of a series of articles exploring the corporate reorganisation rules under the South African Income Tax Act 58 of 1962 (the "ITA"). Each entry in this series will discuss...

During the South African Budget Speech earlier in 2020, National Treasury proposed a complete overhaul of the exchange control systems.

In Commissioner for the South African Revenue Services ("SARS") v Virgin Mobile South Africa (Pty) Ltd, the High Court considered whether the South African Revenue Services...

On 1 July 2021, the OECD announced that 130 out of 139 countries in the Inclusive Framework have agreed to join a new two-pillar plan to reform international taxation rules,this includes all of the G20.

Business Model Optimisation is a process whereby value is created through business transformation.

Understatement penalties (USP) are imposed in respect of understatements by a taxpayer.