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  • Article

    What Is Contributed Tax Capital?

    The concept of contributed tax capital was introduced into the Income Tax Act, No 58 of 1962 with effect from 1 January 2011.
    South AfricaTax
    DLA Cliffe Dekker Hofmeyr
    DLA Cliffe Dekker Hofmeyr
  • Article

    When Is Research & Development Tax Deductable?

    The South African government introduced Section 11D of the Income Tax Act number 58 of 1962 to encourage and incentivise private sector investment towards the research and development of scientific or technological activities.
    South AfricaTax
    Adams & Adams
    Adams & Adams
Article

Tax Clearance Certificates And Tax Compliance Status: Changes On The Tax And Exchange Control Fronts

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...
South AfricaCompliance
Cliffe Dekker Hofmeyr
Cliffe Dekker Hofmeyr
  • Article

    Tax-Deferred Growth Through Corporate Rollovers

    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...
    South AfricaCorporate/Commercial Law
    Barnard Inc.
    Barnard Inc.
  • Article

    Changes To The Definition Of "Resident" Affecting CFCs And SA Fund Managers

    Two new changes have been proposed in the draft Taxation Laws Amendment Bill, 2012 (Bill) in relation to the definition of the term ‘resident’ in section 1 of the Income Tax Act, No 58 of 1962 (‘the Act’).
    South AfricaFinance and Banking
    ENS
    ENS
  • Article

    Fundamental Changes To South Africa's Exchange Control System

    During the South African Budget Speech earlier in 2020, National Treasury proposed a complete overhaul of the exchange control systems.
    South AfricaGovernment, Public Sector
    ENS
    ENS
  • Article

    No Profit, No Loss? When Service Providers May Benefit From Invalid Government Contracts

    South Africa's legal landscape is undergoing significant transformation across multiple domains, from direct marketing compliance and government contract validity to artificial intelligence policy development...
    South AfricaGovernment, Public Sector
    ENS
    ENS
  • Article

    Why South African Entrepreneurs Should Consider Setting Up Offshore To Attract Foreign Investment

    South Africa boasts the most advanced, broad-based economy in sub-Saharan Africa, which offers a wide range of opportunities to South African business owners and foreign investors alike.
    South AfricaGovernment, Public Sector
    The Sovereign Group
    The Sovereign Group
  • Article

    The 2017 South African Budget Review: Cross-Border IP Transactions

    The 2017 South African budget review was published on 22 February 2017, and made several comments that will have an impact on cross-border IP transactions.
    South AfricaIntellectual Property
    ENS
    ENS
  • Article

    What Is Customs Valuation And Why Should It Be Strictly Adhered To?

    Customs valuation is the process where customs authorities assign a monetary value to a good or service for the purposes of import or export.
    South AfricaInternational Law
    SNG Grant Thornton
    SNG Grant Thornton
  • Article

    Dispute Resolution: The Importance Of Following The Rules

    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...
    South AfricaLitigation, Mediation & Arbitration
    ENS
    ENS
  • Article

    Compulsory Disclosures About Land Ownership

    The Presidential Advisory Panel on Land Reform and Agriculture recommends compulsory disclosures about land ownership. A declaration process similar to FICA would be used.
    South AfricaReal Estate and Construction
    Michalsons Attorneys
    Michalsons Attorneys
  • Article

    Loan Funding To Offshore Trusts: The Interaction Of Applicable Tax Anti-Avoidance Measures

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

    A Field Audit Outside South Africa – Can SARS Do This?

    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 AfricaTax
    ENS
    ENS
  • Article

    Are Pension Funds, PBOs And Universities Exempt From All Taxes?

    The South African Income Tax Act, 1962 (the "Income Tax Act") contains exemptions from income tax that apply to institutions such as pension funds, certain universities and non-profit public benefit organisations...
    South AfricaTax
    ENS
    ENS
  • Article

    Capital Gains Tax And The Primary Residence Exemption

    A discussion on the restrictions to the capital gains exemption which normally applies to individuals selling their home.
    South AfricaTax
    ENS
    ENS
  • Article

    Constitutional Court Gives A New Reach To The GAAR In Absa Case

    The Constitutional Court’s judgment in Absa Bank Ltd and Another v C:SARS is one of the most important tax judgments delivered in South Africa in recent years.
    South AfricaTax
    ENS
    ENS
  • Article

    Dividend Payments To Holland – Did You Spot The Aperture?

    By now it is accepted that the payment of dividends to non-South African shareholders are subject to dividends tax which is levied at a rate of 15%.
    South AfricaTax
    ENS
    ENS
  • Article

    Important Tax Developments Of The Post-BEPS World

    Tax law is subject to frequent change.
    South AfricaTax
    Bowmans
    Bowmans
  • Article

    Raising Taxes Could Result In Lower Collections While Tax Incentives Could Have The Opposite Effect

    South Africa's tax system has arguably reached the tipping point where higher tax rates may well translate into lower tax collections.
    South AfricaTax
    Bowmans
    Bowmans
  • Showing 301–320 of 1252 results

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