1,252 results found

Asset management services performed by a resident in a different jurisdiction to the recipient of the services gives rise to potential transfer pricing implications that should be borne in mind.

On 20 December 2024 the President assented to the Global Minimum Tax Act (the Act) which applies from 1 January 2024, and enables South Africa to impose a top-up tax...

A number of amendments are proposed in the Draft Taxation Laws Amendment Bill, 2012 (the "Draft TLAB") to section 9I of the Income Tax Act No. 58 of 1962 ("the Act") that deal with international headquarter companies ("the HQ Company").

Tax law is often difficult to interpret and frequently the South African Revenue Service ("SARS") and the Courts hold a different view to that of a taxpayer and its advisers.

For enterprises in South Africa that operate within the dynamic food and beverage industry, understanding and effectively utilising indirect tax incentives are a powerful way to enhance profitability and gain a competitive edge.

The introduction of a Corporate Climate Responsibility Levy (the "CCR Levy") was announced as part of the Mauritius National Budget 2024/2025.

The ability to enter into loans over listed shares is an important part of the financial industry as it offers sellers of listed shares the ability to comply with their obligations to deliver shares under a short sale contract.

Despite challenges faced in recent years with the global pandemic as well as political and economic instability, South Africa has a booming fintech and technology industry.

Promulgated in November 2009, the Mineral and Petroleum Resources Royalty Act No. 28 of 2008 (‘Royalty Act') has been in effect for almost 14 years.

Estate planning extends far beyond drafting a valid Will. This article examines the critical but often overlooked issue of estate liquidity—the availability of cash to settle taxes, debts, and administration costs—and explains why asset-rich estates can still face serious financial challenges during administration.

Under section 24C of the Income Tax Act 58 of 1962, if a taxpayer receives income under a contract in a tax year.

The mass of recent tax legislation and the increasing complexity of business have meant that not many tax cases reported in the past few years have involved a simple enquiry to be dealt with by means of old established precedent from the courts. The recently reported <B><U>ITC 1779 66 SATC 353</B></U> is, however, such a case.

The negative economic impact of the global COVID-19 pandemic has been widespread and has led to a number of adverse outcomes.

Approves a new regime on the entry, exit, and staying of foreign citizens in Angola; and

As intellectual property rights become increasingly important business assets, the need for tax planning in relation to IP becomes more important.

The amending protocol to the Botswana/Sweden Income Tax Treaty (1992), which was signed on 20 February 2013, entered into force on 1 December 2015.

An interesting issue arises whether the provisions of section 47 of the Income Tax Act ("Act") may be used in circumstances where a company transfers a business including liabilities to its parent company.