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It seems like an eternity ago since the World Health Organisation declared a pandemic on 11 March 2020. Governments around the world have responded to the pandemic in different ways...

Taxation of mining companies has once again been at the forefront of the debate as to whether the State derives sufficient economic benefit in light of President Zuma's State of the Nation Address.

Despite a recent decision of the Supreme Court of Appeal, exchange control approval will still be required in respect of the assignment of intellectual property to a non-resident.

South African taxpayers facing disallowed objections by SARS must navigate complex appeal procedures, where introducing impermissible new grounds can derail their case. The Supreme Court of Appeal's Baseline decision clarifies critical boundaries on what constitutes permissible versus impermissible new grounds of appeal, offering essential guidance for taxpayers seeking to successfully challenge SARS assessments.

The BEPS Report is aimed at addressing certain tax avoidance strategies used to avoid the creation of a PE.

Many countries have become more focused on combating tax avoidance.

The establishment of an offshore discretionary trust ("the Trust") by a South African tax resident person ("Settlor") gives rise to various South African tax considerations.

Section 69(7)(a) of the Companies Act No. 71 of 2008 states that a company is ‘ineligible' to be appointed as a director of another company.

It is not uncommon for loan accounts owing by a company ("debtor company") to a shareholder ("creditor") to be sold by the creditor together with the shares in the debtor company.

Below, please find issue 97 of ENSafrica's tax in brief, a snapshot of the latest tax developments in South Africa.

Under the proposed new rules, employer contributions to any retirement fund will be taxable in the hands of the employee for whose benefit they were made.

A loop structure is broadly any arrangement through which a South African resident holds an interest in an overseas (offshore) vehicle which, in turn, invests in South African assets...

The Financial Mail reported in its January 25 edition that SARS is considering changing the basis of customs valuations from the present free-on-board principle to a valuation based upon cost, insurance and freight.

The Tax Administration Act, 2011 ("TAA") allows a taxpayer to approach the South African Revenue Service ("SARS") to "come clean"

Normally, a sales agent and a buy-sell distributor would not be regarded as comparable owing to the differences in functions, assets and risks relevant to each party.

Treasury steps into uncharted waters– Latest tax developments and tax relief measures for businesses struck by COVID 19.

The CRS require the trustees to identify the settlor, beneficiaries and other natural persons exercising ultimate effective control and report the necessary financial information to the relevant foreign revenue authority.