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  • Article

    How To Hold SARS Accountable

    The office of the Tax Ombud was established to act as a bridging gap between SARS and the taxpayer. But, taxpayers do not always have a direct line to connect with the Tax Ombud.
    South AfricaTax
    EVA Financial Solutions
    EVA Financial Solutions
  • Article

    Intellectual Property Tax And Exchange Control Reform – The Details Revealed

    The 2017 Budget Review contains two important statements in this context.
    South AfricaTax
    ENS
    ENS
  • Article

    Interest-Free Shareholder's Loans At Arm's Length?

Where foreign subsidiaries find themselves in financial distress, the interest rate on the shareholder loans from a South African shareholder may be reduced to zero percent as the foreign subsidiary is unable to pay any interest due to the fact that it may be insolvent.
South AfricaTax
ENS
ENS
  • Article

    Interim Orders And Street Names – Have They Lost Their Appeal?

    Streets named after a country's heroes and heroines can be a hotly contested and emotive issue, especially in a country such as South Africa, with its colonial and apartheid past.
    South AfricaTax
    ENS
    ENS
  • Article

    Measures Available To SARS To Collect Tax Debts

    On 18 February 2019 the South African Revenue Service (SARS) obtained a warrant of execution in the High Court to attach and remove the movable property of Andriano Mazzotti (Mazotti) ...
    South AfricaTax
    Hogan Lovells
    Hogan Lovells
  • Article

    New Tax Rules Proposed For E-Commerce Transactions

    In the 2015 Budget Speech presented to the National Assembly on 25 February 2015 the Minister of Finance announced that amendments will be proposed to change the rules for the digital economy...
    South AfricaTax
    ENS
    ENS
  • Article

    No More Interest Deductions?

    Currently, a taxpayer is entitled to deduct interest calculated in terms of section 24J(2) of the Income Tax Act, 1962 ("Act") if the taxpayer...
    South AfricaTax
    ENS
    ENS
  • Article

    Not All Dividends Are Ordinary

    In the listed sector, shareholders may be presented with various elections to be made as regards the nature of distributions ...
    South AfricaTax
    ENS
    ENS
  • Article

    Procedures Governing Objections And Appeals

    Under section 96(2) of the TAA, the Commissioner is obliged to supply the taxpayer with the grounds of the assessment so that the taxpayer can understand the basis on which the assessment has been issued.
    South AfricaTax
    ENS
    ENS
  • Article

    Proposed Amendments To The Rules Dealing With The Taxation Of Employee-Based Incentive Plans

    The Draft Taxation Laws Amendment Bill of 2016 was released for public comment on Friday 8 July. It proposes certain amendments to the rules currently contained in the Income Tax Act No. 58 of 1962 dealing with employee-based incentive plans.
    South AfricaTax
    ENS
    ENS
  • Article

    Proposed Employment Tax Incentive For Hiring Young Workers

    The Draft Employment Tax Incentive Bill, 2013 ("DETIB") was published by National Treasury during September 2013 and gives effect to the proposals to subsidise the cost of hiring younger workers as first announced by Government in 2010.
    South AfricaTax
    ENS
    ENS
  • Article

    Residency, Permanent Establishment And Liability For Tax Of A Mauritian Trust (Recent Developments in Taxation, July 2011)

    This brief provides a synopsis of a recent tax judgement on residency, information on proposed amendments to the Income Tax Act; the Customs Control and Customs Duty Bills; and the Permanent Voluntary Disclosure Programme.
    South AfricaTax
    Werksmans Attorneys
    Werksmans Attorneys
  • Article

    Resisting Temptation: Utilisation Of Assessed Losses

    In the current economic environment impacted by COVID-19, many corporate taxpayers have been negatively impacted and, in many instances, operating losses suffered have translated directly into...
    South AfricaTax
    ENS
    ENS
  • Article

    Rules For Levying Interest On The Late Payment Of VAT

    The TAA introduced a new interest regime for the levying of interest on unpaid taxes to ensure that the levying of interest is aligned across all taxes.
    South AfricaTax
    ENS
    ENS
  • Article

    Rwanda Adopts New Transfer Pricing Rules, Embracing OECD Transfer Pricing Guidelines And Anti-BEPS Recommendations

    On 14 December 2020, Rwanda's new general rules on transfer pricing ("New TP Rules") which are in line with the key aspects of the Organisation for Economic Cooperation...
    South AfricaTax
    ENS
    ENS
  • Article

    SARS Streamlines Auto Assessments For The 2022 Tax Filing Season

    Taxpayers who are satisfied with their auto assessments need not take any further action, under the new procedures introduced by SARS for the 2022 tax filing season.
    South AfricaTax
    Webber Wentzel
    Webber Wentzel
  • Article

    SCA Rules On The Imposition Of USP Where A Taxpayer Relied On An Opinion

    The South African Revenue Service ("SARS") may impose penalties on taxpayers who make errors in their tax returns, but relief is available under certain circumstances.
    South AfricaTax
    ENS
    ENS
  • Article

    Share Trading - Consideration Of Factors Indicative Of A Business Being Conducted

    The issue of share trading and whether the profits or the losses derived therefrom should be treated on capitalor revenue account for tax purposes, has been a contentious issue in South African tax law for quite some time.
    South AfricaTax
    DLA Cliffe Dekker Hofmeyr
    DLA Cliffe Dekker Hofmeyr
  • Article

    South African Court Dismisses Billionaire's Appeal On Existence Of 'Tax Debt'

    South Africa's Supreme Court of Appeal (SCA) held that a tax debt exists regardless of there being an assessment in dismissing an appeal brought by billionaire businessman Christo Wiese...
    South AfricaTax
    The Sovereign Group
    The Sovereign Group
  • Article

    Tabacks On Budget 2020

    The week building up to Minister Tito Mboweni's budget speech was filled with rumours about an increase in the VAT rate and a new proposed wealth tax on assets.
    South AfricaTax
    Tabacks
    Tabacks
  • Showing 721–740 of 1252 results

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