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The points for consideration by the Supreme Court of Appeal ("SCA") in Telkom SOC Limited v C:SARS on 25 March 2020 were two-fold.

The third draft of the long awaited Tax Administration Bill ("TAB") was recently published for a final round of public comment. The TAB is an initiative to incorporate certain generic administrative provisions, which are currently duplicated in the different tax acts, into one piece of legislation.

The Commissioner of the South African Revenue Service has recently published a Draft Interpretation Note on the allowance of future expenditure on contracts in terms of section 24C of the Income Tax Act 58 of 1962.

When raising finance by way of preference shares, taxpayers are well aware of the risks posed by the anti-avoidance provisions of sections 8E and 8EA of the Income Tax Act ("the Act")...

Given the wide discretion afforded to SARS in this respect, SARS' Practice Note No. 36 issued on 13 January 1995 (Practice Note 36) provides some guidance on the subject.

Below, please find issue 77 of ENSafrica's tax in brief, a snapshot of the latest tax developments in South Africa.

In April 2022, the Fraser Institute published the "Survey of Mining Companies 2021", where investors weighed in on what mineral endowments and public policy factors...

This article sets out a brief summary of the various issues which need to be considered in the context of management services which have been relevant for many of our multi-national clients.

Since our readmission to the international community South Africa has set about developing one of the largest networks of double tax treaties in the world.

Often employment law disputes at the Commission for Conciliation, Mediation and Arbitration ("the CCMA") or the Labour Courts are resolved by way of an award of compensation in favour of an aggrieved party.

South Africa's Minister of Finance, Enoch Godongwana will present the 2024 budget speech on 21 February. The 2024 budget will require disciplined budgeting, enhanced tax collection...

Below, please find issue 37 of ENSafrica's tax in brief, a snapshot of the latest tax developments in South Africa.

The tax debate is progressively focusing on closing perceived tax loopholes and increasing self-assessment through vigorous auditing by the tax authorities.

South African companies are increasingly looking to global expansion to build their capabilities and expand their operations into foreign jurisdictions.

First-time provisional taxpayers often face unexpected underestimation penalties when their income streams become more complex. Understanding when these penalties apply and whether remission is possible can help taxpayers navigate compliance requirements and avoid costly mistakes when estimating taxable income.

Transfer pricing is a self-assessment mechanism that aims to ensure that taxpayers identify all potential cross-border transactions, operations, schemes, agreements or understandings that have been entered into between connected persons ...

In this case, SARS relied on section 103(2) to disallow the set off of ABC (Pty) Ltd's ("ABC's") assessed loss against income derived by ABC in respect of its 2005 to 2008 years of assessment.