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The draft Tax Administration Laws Amendment Bill 2014 proposes a number of amendments to the Tax Administration Act No. 28 of 2011.

There are a number of considerations when relocating to another country that involve much more than a mere physical departure and the taking up of permanent residence in a foreign country.

The Taxation Laws Amendment Bill introduces a revised set of rules that will apply to debt restructuring transactions that occur during years of assessment that commence on or after 1 January 2018.

On 30 September 2022, South Africa deposited its instrument of ratification in respect of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting...

These assess in detail a country's efforts to address climate change in detail and are also useful for policymaking.

On 24 October 2013 the Customs Duty Bill, the Customs and Excise Amendment Bill and the Customs Control Bill were introduced in the National Assembly by the Minister of Finance.

The timing of disposals of assets and the resulting accrual of the proceeds have been contentious aspects over the years.

As indicated in the tax proposals of the 2012 Budget Speech, by mid-February 2012, the South African Revenue Service ("SARS") had captured 17 938 applications for voluntary disclosure relief in terms of the Voluntary Disclosure Programme and Taxation Laws Second Amendment Act No. 8 of 2010 ("the VDP Act") and concluded agreements to the value of R941 million in this regard.

South African tax resident individuals may consider, whether for estate planning purposes or otherwise, to advance funds to offshore trusts for investment abroad.

On 19 September 2016, the National Assembly adopted the Amending Budget Law 2016.

South Africa's transition from JIBAR to ZARONIA introduces Credit Adjustment Spreads (CAS) to preserve loan economics, but what happens when parties negotiate their own spread instead of using the official rate? The draft finance bill empowers SARB to set mandatory CAS values, yet leaves critical tax questions unanswered for those who deviate from the prescribed methodology.

The long-awaited Real Estate Investment Trust ("REIT") tax proposals have been introduced as part of the recent Draft Taxation Laws Amendment Bill.

The South African Revenue Service has extensive powers in terms of the Tax Administration Act No. 28 of 2011.

Taxpayers are required to be fully compliant in all their tax matters by submitting and paying their taxes on time.

The Carbon tax also contributes towards South Africa meeting its climate change commitments under the Paris Agreement.

The window period for South African residents to regularise their unauthorised foreign assets under the Special Voluntary Disclosure Programme ("SVDP") closes on 31 August 2017.

Hopefully with time market practice and interaction with regulators will clarify the above points.