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​​SARS is tightening tax collection on cryptocurrency transactions, which makes it important to distinguish between events that will trigger income tax rates or CGT rates.

Since 1 January 2013, section 19 of the Income Tax Act, 1962 (the "Act") and paragraph 12A of the Eighth Schedule to the Act (the "Eighth Schedule") ...

The OECD’s BEPS Action Plan is designed to redefine and revolutionise the taxation of companies across the globe.

In a significant legal development, the Constitutional Court ("CC") handed down its judgment on 12 April 2024 concerning Capitec Bank Limited's...

A recent Constitutional Court judgment, Thistle Trust v Commissioner for the South African Revenue Service clarified the application of the conduit principle to capital gains distributed through a multi-tiered trust structure.

The draft regulations have been widely anticipated by industries that will be subject to the carbon tax and the local carbon market.

On 18 March 2019, South Africa's National Treasury published revised Electronic Services Regulations, significantly expanding the scope of electronically ...

Following a round of public comments in relation to the Draft Notice, on 28 October 2016, SARS released a final version of the notice, setting out the documents required to be kept specifically for transfer pricing purposes.

It's been a tough year. For taxpayers expecting long-outstanding refunds from the South African Revenue Service ("SARS"), even more so.

We will address, in a series of articles, the South African tax considerations arising for residents and non-residents in respect of various corporate actions regarding South African listed shares.

The South African government should reduce tax rates to grow the economy and increase tax collections, according to Yasmeen Suliman, director corporate tax at KPMG.

Should phantom shares be taxed in terms of section 8C of the South African Income Tax Act, 1962, or should they be regarded as a bonus, to which section 7B of the Act applies?

The latest proposed amendments will see, inter alia, some relief for taxpayers in relation to the Controlled Foreign Company ("CFC") rules and the scope of an "Affected Transaction"

Limitations of deductions for employees and office holders (Interpretation Note 13) This interpretation note was issued on 15 March 2011.

The carbon tax to be introduced on 1 January 2015 is the biggest change to the South African tax landscape since the introduction of capital gains tax in 2001.

In terms of section 8E of the Income Tax Act, 58 of 1962 ("the Act"), dividends declared in respect of shares with certain characteristics are deemed to be interest in the hands of the recipient.

Prior to the Tax Administration Act No. 28 of 2011, the Commissioner: South African Revenue Service was required to apply for a preservation order under the common law.