711 results found

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

The Taxation Laws Amendment Bill, 39 of 2013 contains proposed currency rules for "domestic treasury management companies".

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

On 26 March 2025, the South African Revenue Service ("SARS") issued Interpretation Note 137, providing guidance on the tax implications...

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

As is the case for many African nations, South Africa's economic growth is largely driven by industries such as mining, making it imperative for the government to foster the development of this essential sector.

Expanding your enterprise to a new country is an exciting undertaking, but often comes with its own set of challenges, particularly related to domestic and international tax aspects.

A clogged loss is a loss which, in terms of the Eighth Schedule to the Income Tax Act must be disregarded in the determination of the disposer’s aggregate capital gain or aggregate capital loss.

Between April 2019 and June 2021, South Africa underwent a mutual evaluation of its anti-money laundering and counter-financing of terrorism controls, which culminated in the publication...

In line with international models, South Africa has attempted to incentivise investment into the development and renewal of certain urban areas.

Earlier this year, Glencore Investments Ltd (the head of the Australian "consolidated tax group") successfully defended an AUD92.7-million (about ZAR1.15-billion) transfer pricing tax bill in the...

The Supreme Court of Appeal ("SCA") has delivered a significant judgment in Sishen Iron Ore Company (Pty) Ltd v C: SARS (2025)...

The number of provisions contained in the Income Tax Act, 58 of 1962 which deal with tax treatment of interest income and interest expenditure have gradually increased over time.

South Africans can start with one basic certainty: nothing in the South African Income Tax or Reserve Bank regulations prohibits South African nationals...

amends the law relating to trade unions to make better provision therefor and for federations of trade unions and employers' organisations;...

At the time of writing, South Africa’s Treasury was finalising its Tax Amendment Bill which it is hoped will make vital improvements to the country’s tax treatment of foreign funds.

The transfer pricing regulations gazetted on 21 December 2018 became effective on 1 July 2019.