The Companies and Intellectual Property Commission reported that between 2011 and 2018, a total of 2 867 South African companies initiated business rescue proceedings in terms of Chapter 6 ...

The 2026 National Budget provides an important moment to assess emerging trends, policy shifts and the impact...

Many countries worldwide seek to avoid the loss of tax revenues to what has become commonly known as low-tax jurisdictions or tax-havens.

Prescription of a tax assessment is an important and powerful tool for a taxpayer when it comes to obtaining certainty in respect of one’s tax affairs and can serve as an important defence when disputing an assessment.

Prior to this change, taxpayers were only liable for administrative penalties for late submission if they had two or more tax returns outstanding for these tax years.

The Mauritius Ministry of Finance and Economic Development on published a communique announcing that the new double tax agreement signed between Mauritius and Rwanda.

Deductibility of environmental expenditure in respect of assets acquired under an asset for share transaction (BPR 093).

The most significant proposals in the 2018 Budget Review will probably affect all taxpayers in South Africa, not only those with accumulated wealth.

The 2025 Budget Speech introduces a range of measures that will impact individuals, businesses, particularly small and medium-sized enterprises (SMEs), providing both challenges and opportunities.

One of the most frequent questions asked on the sale of a property relates to the payment of capital gains tax.

National Treasury has issued a discussion paper on the "Taxation of Electronic Nicotine and Non-Nicotine Delivery Systems".

Dividends withholding tax ("DWT") was introduced into the Income Tax Act 58 of 1962 ("the Act") with effect from 1 April 2012.

On 24 February 2021, the then Minister of Finance, Tito Mboweni, announced that the corporate income tax rate would be reduced to 27%.

Earlier this year, National Treasury proposed a new regime to prevent "disguised bonuses" being paid to employees in the form of dividends on unvested or restricted employee share scheme shares.

It is important to identify individuals within a multinational group who understand transfer pricing and ensure that there is constant communication between these individuals.

Section 66 of the Income Tax Act No. 58 of 1962 requires the Commissioner to give public notice annually of the prescribed time period within which persons who are liable to taxation under the Act must furnish their tax returns.

In today's rapidly changing business landscape, innovation has become an indispensable driver of success. However, the professional services industry, encompassing areas like...

In the Tax Court judgment of Taxpayer A v Commissioner for the South African Revenue Service IT 25042, the taxpayer wanted a deduction for finance charges under section 24J of the Income Tax Act, 1962 in its ...

On June 21, 2024, the Constitutional Court of South Africa delivered a landmark judgment in favour of Coronation Fund Managers Limited ("Coronation"), a decision with significant implications for corporate taxation...

From 1 January 2021, there is no longer a prohibition on loop structures in South Africa. This is a significant exchange control relaxation...