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Many countries have become more focused on combating tax avoidance.

The Financial Mail reported in its January 25 edition that SARS is considering changing the basis of customs valuations from the present free-on-board principle to a valuation based upon cost, insurance and freight.

Treasury steps into uncharted waters– Latest tax developments and tax relief measures for businesses struck by COVID 19.

The CRS require the trustees to identify the settlor, beneficiaries and other natural persons exercising ultimate effective control and report the necessary financial information to the relevant foreign revenue authority.

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

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 ...

South Africa's recent amendment to section 25B of the Income Tax Act introduces a material change in the taxation of income distributed by resident trusts to non-resident beneficiaries.

Where the HTVI approach applies, tax administrators are entitled to consider ex post outcomes as presumptive evidence in evaluating the appropriateness of ex ante pricing arrangements.

It seems like an eternity ago since the World Health Organisation declared a pandemic on 11 March 2020. Governments around the world have responded to the pandemic in different ways...

The Tax Administration Act, 2011 ("TAA") allows a taxpayer to approach the South African Revenue Service ("SARS") to "come clean"

According to the Executive Decree, the issuance of securities must be registered on paper or electronically by the issuer.

The Carbon Tax Act is a relatively recent piece of legislation having been passed into law with effect from 1 June 2019.

On 30 May 2023, South Africa's Constitutional Court delivered judgment in Arena Holdings (Pty) Ltd t/a Financial Mail and Others v The South African Revenue Services and Others

The South African Revenue Service ("SARS") often sends out information requests in terms of section 46 of the Tax Administration Act.

The Western Cape High Court's recent ruling in C:SARS v Meiring Citrus overturned a Tax Court decision and disallowed a ZAR9.6 million income tax deduction claimed by a citrus farmer for what was marketed as an insurance premium. The judgment raises critical questions about the distinction between genuine insurance and investment arrangements, the burden of proof in prescription cases, and the application of accounting standards to tax deductions. Taxpayers with similar structured self-insurance products sh

Under the general provisions of the TAA a taxpayer bears the onus that an amount is not subject to tax or that a deduction claimed is deductible for tax purposes.

As SARS intensifies enforcement through data analytics and AI, taxpayers face increasing technical and procedural risks when disputing assessments. Understanding the objection process—from requesting reasons to meeting strict deadlines and providing proper documentation—can determine whether a tax dispute is resolved efficiently or escalates unnecessarily.

South Africa has recognised the importance of offering taxpayers greater certainty and predictability in their tax affairs through the recently proposed Advance Pricing Agreement ("APA") programme.