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Due to the impact of the COVID-19 pandemic, many employers have seen an increased demand for international remote working arrangements. We have briefly touched upon...

Treasury excludes duty rebates for goods damaged, lost or stolen due to robbery and theft. Adjustments in the Employee Tax Incentive Act aim to boost youth employment and clarification on ...

Prior to the introduction of section 23K by way of clause 49 of the Taxation Laws Amendment Bill, Bill 19 of 2011 (the "TLAB") whether or not a taxpayer was permitted a deduction in respect of interest expenditure, hinged upon whether or not the expenditure satisfied the requirements in terms of section 11(a), read together with section 23 of the Income Tax Act No. 58 of 1962 (the "Act").

Effective from 31 March 2023, Rwanda has a new law on tax procedures (see here) as part of tax reforms the country has embarked on in the last few years.

Section 46 of the Income Tax Act 58 of 1962 (the "ITA") provides roll-over relief where a company distributes shares it holds in another company to its own shareholders...

Estimates suggest that the Namibian Government could receive close to USD106-billion (NAD2-trillion at the time of writing) from its petroleum royalties alone...

The legal framework in Mauritius is constantly evolving to keep pace with the rapidly changing economic environment.

The Constitutional Court (CC) recently (21 June 2024) handed down judgment in the case of Coronation Investment Management SA (Pty) Ltd v CSARS (Coronation and SARS)...

The Minister of Finance Mr Pravin Gordhan delivered South Africa’s much anticipated 2012 Budget speech to Parliament this afternoon.

South Africa's Minister of Finance, Tito Mboweni, is set to deliver the 2021 budget speech on 24 February.

The world of offshore trusts is now more dynamic than ever.

Finance Minister Pravin Gordhan revealed a proposal to change legislation governing retirement fund contributions in the 2012 Budget.

While South Africa's government of national unity attempts to finalise the 2025 budget, a fierce debate has erupted over how best to raise revenue after it become clear...

The concept of beneficial ownership has been prominent in double tax agreements ("DTA") based on the Organisation for Economic Co-operation and Development ("OECD") model treaties from as far back as 1977.

Asset management services performed by a resident in a different jurisdiction to the recipient of the services gives rise to potential transfer pricing implications that should be borne in mind.

On 20 December 2024 the President assented to the Global Minimum Tax Act (the Act) which applies from 1 January 2024, and enables South Africa to impose a top-up tax...

A number of amendments are proposed in the Draft Taxation Laws Amendment Bill, 2012 (the "Draft TLAB") to section 9I of the Income Tax Act No. 58 of 1962 ("the Act") that deal with international headquarter companies ("the HQ Company").