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The Ethiopia-Netherlands Income Tax Treaty, 2012 and the exchange of notes, signed on 10 August 2012, entered into force on 1 September 2016, and the amending protocol to the treaty, signed on 18 August 2014, will enter into force on 30 September 2016.

Below, please find issue 76 of ENSafrica's tax in brief, a snapshot of the latest tax developments in South Africa.

Keeping your executive and management appropriately incentivised remains a key part of business strategy driving success, profitability and sustainability.

Section 45 of the Income Tax Act 58 of 1962 (the "ITA") provides a valuable tax deferral mechanism for corporate groups wishing to reorganise their internal structures without incurring immediate tax consequences.

Below, please find issue 129 of ENS' tax in brief, a snapshot of the latest tax developments in South Africa.

The 2024 Budget Review was tabled by Minister Godongwana on 21 February 2024.

The Budget of the East African Community ("EAC") for the financial year 2015/16 was presented to the East African Legislative Assembly on 14 May 2015.

The burden on people paying income tax is becoming alarming.

The much anticipated dividends tax provisions contained in Part VIII of the Income Tax Act No. 58 of 1962 ("Act") will become effective on 1 April 2012.

Below, please find issue 57 of ENSafrica's tax in brief, a snapshot of the latest tax developments in South Africa.

On 28 July 2021, National Treasury and the South African Revenue Service ("SARS") published the 2021 draft Rates and Monetary Amounts and Amendment of Revenue Laws Bill ("2021 draft Rates Bill")

On 1 October 2012, the long – awaited Tax Administration Act, Act 28 of 2011 (‘the TAA’) came into force.

While some high-profile share swaps in the retail and lifestyle sector have left a bitter aftertaste, it is important to remember that not all corporate restructures are cautionary tales.

The Tax Administration Act, No 28 of 2011 (‘TAA’), which was promulgated on 4th July 2012, took effect on 1st October 2012, except for certain specific provisions dealing with the imposition of interest payable to the Commissioner: South African Revenue Service by taxpayers, and, also, by the Commissioner to taxpayers.

The South African Government was traditionally quite reluctant to impose withholding taxes, especially in an attempt to encourage investment into South Africa. Of late, however, it seems that it has been realised that withholding taxes is an effective method of collecting taxes especially in the context of non-residents of South Africa deriving their profits from transactions linked to South Africa.

When a company faces liquidation, winding-up or deregistration the instinct might be to brace for tax consequences, but section 47 of the Income Tax Act 58 of 1962...

The Carbon Tax Act came into effect on 1 June 2019. The Act is the result of the ratification of the 2015 Paris Agreement and a 10 year long consultation process.