As of the beginning of the 2023 filing season, SARS is now able to identify taxpayers who are married in community of property and can also retrieve...

The aim of the corporate rules contained in Part III of the Income Tax Act, 58 of 1962 ("the Act") is to facilitate transactions between groups of companies or between companies and shareholders by ensuring that the transactions inherent in any restructuring occur on a tax neutral basis in South Africa.

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

In recent times South Africa’s mining industry has been subject to much uncertainty which contributed towards the fall in share prices, decrease in offshore investor confidence and which also gave rise to a weaker Rand.

When setting up an inter vivos trust, you need to determine whether it will be a discretionary trust or a vesting trust.

With the 2025 Budget Speech fast approaching, speculation is mounting over whether South Africa will introduce a wealth tax as part of broader fiscal reforms. With growing concerns about revenue shortfalls.

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.

A recent decision of the Supreme Court of Appeal of South Africa considered the application of the capital gains article

The Davis Tax Committee ("DTC") released its much-anticipated second (and final) interim report (the "Report") on estate duty on 24 August 2016.

Public Benefit Organisations (PBOs) and Non-Profit Organisations (NPOs) are often used interchangeably and is a common source of confusion, especially when dealing with their respective tax obligations and regulatory frameworks in South Africa.

Prior to the recent amendments in the Taxation Laws Amendment Act, a collective investment scheme was taxed on a semi-flow through regime.

It is proposed in the draft Taxation Laws Amendment Bill, released for comment on 4 July, that hedge funds should be included in the tax regime for collective investment schemes.

Parties entering into cross-border transactions must consider the possibility of the transaction giving rise to a permanent establishment for either party, with an eye to avoiding this problem where possible.

The MLI is the result of certain of the Organisation for Economic Co-operation and Development's action points aimed at preventing base erosion and profit shifting.

The concept of a "collateral arrangement" was inserted into South African tax legislation and came into force on 1 January 2016. The provisions contained in the Income Tax Act, 1962 ("Act")...

The Taxation Laws Amendment Act, 2012, has amended the tax consequences of debt reduction transactions entered on or after 1 January 2013.

The Eighth Schedule to the Income Tax Act creates a tax liability known as capital gains tax which applies generally where an asset is disposed of.

What looks like a simple transaction, capable of being executed in a tax neutral manner, could very easily result in adverse tax implications for the disposing shareholder.

Dividends paid by one South African company to another have been exempt from both normal tax and dividends tax since April 2012 when dividends tax came into effect.

Below, please find issue 70 of ENSafrica's tax in brief, a snapshot of the latest tax developments in South Africa.