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On 22 August 2019, the Angola-Portugal Income Tax Treaty (2018) entered into force and generally applies from 1 January 2020.

On 27 July 2017, Botswana and France signed an amending protocol to the Botswana/France Income Tax Treaty, 1999 in Gaborone.

As a general rule, subject to certain exceptions, local dividends received and accrued to a South African tax resident are exempt from normal tax in terms of section 10(1)(k) of the Income Tax Act, 1962.

The news that China has committed to invest approximately R200-billion in South Africa was greeted with much fanfare throughout the country.

Application made for rescission of a "civil judgment" in terms of section 172 of the Tax Administration Act, 2011 ("TAA").

The Davis Tax Committee's First Interim Report on Estate Duty was released for public comment on 13 July 2015.

In South Africa, the determination of whether a foreign entity is a company or partnership is an important one, as it subsequently determines the applicable tax treatment of the foreign entity.

The recent judgment of the Supreme Court of Appeal in Western Platinum Ltd v C:SARS 67 SATC 1 provides a good example of the importance of the distinction between sine qua non and causa causans in the tax context.

This is the first in a series of articles on venture capital companies, a tax-favoured investment vehicle regulated by section 12J of the Income Tax Act, 1962.

It has been announced that section 35A of the Income Tax Act, which was introduced in 2004 to come into effect on a date to be announced, will be in operation from 1 September 2007.

The provisions relating to benefits in respect of insurance policies changed with effect from 1 March 2012.

A summary of the most recent tax developments in Africa.

Notable Tax Law updates covering South African case law, legislation, SARS and global tax developments.

South Africa's Revenue Service has issued Binding Private Ruling 430, clarifying its position on trust-to-trust distributions and the section 7(8) attribution rules. The ruling examines whether distributing an interest-free loan claim constitutes a disposition, explores how the causal nexus can be severed when downstream yields are generated by independent foreign companies, and reveals the administrative complexities trustees face when claiming foreign tax rebates for non-resident beneficiaries.

Slow moving and overstock categories.

In the current environment where there is a huge amount of debt being incurred by taxpayers it is useful to remind ourselves in what general circumstances interest...

Various changes have been made to the controlled foreign company ("CFC") tax rules.