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Effective 5 April 2025 (EDT), the US introduced a "Reciprocal Tariffs" framework, imposing a 10% baseline tariff on most imported goods. This change affects South African exports to the US...

The Real Estate Investment Trust regime is set to usher in a new era for the listed property sector by affording certain tax advantages to qualifying entities and providing certainty in respect of the tax treatment where certainty previously did not exist in the context of property loan stock companies.

A transfer pricing unit, set up as an administrative technical structure forming part of the Large Taxpayers Directorate of the General Tax Administration, was launched on 25 September 2017 and ...

In a year dominated by the announcement of an exchange control and tax amnesty, the tax authorities continued with major revisions of and additions to the Income Tax Act. Several important decisions emerged from the courts, including one that succeeded in putting a brake on one of the more excessively draconian practices of SARS

It will certainly be mentioned in history books and, for those of us with an interest in tax, the year had some attention-grabbing moments.

AN ALLEGED kingpin in the illicit liquor trade is expected to appear in the Johannesburg Magistrate’s Court today as the South African Revenue Service (SARS) clamps down on traders who evade paying duty on alcohol.

Put simply, capital gains tax (CGT) is levied on the capital gain arising on the disposal of an asset, that is, on the difference between the base cost of the asset and the proceeds accruing on disposal.

The Taxation Laws Amendment Act, 2018, which was promulgated on 17 January 2018, amended South African tax legislation by overhauling two provisions relating to the reduction of debt, namely section 19 of the Income Tax Act, 1962 ...

In South Africa, interest is deductible under the Income Tax Act, 1962 whether or not the interest is capital in nature, provided the interest is incurred "in the production of income" and as part of a "trade".

On 4 May 2013, the South Africa Revenue Service released the new income tax returns for companies.

Many retailers embark on loyalty programs to add to the value proposition they offer customers.

Preliminary comments on the Draft Taxation Laws Amendment Bill, 2013 that was released on Thursday evening, 4 July 2013 by National Treasury.

The recently released Taxation Laws Amendment Act includes some amendments to certain important provisions of the Mineral and Petroleum Royalty Act, 2008.

South Africa has recognised the importance of offering taxpayers greater certainty and predictability in their tax affairs through the recently proposed Advance Pricing Agreement ("APA") programme.

On 4 July 2013, the draft Taxation Laws Amendment Bill was issued by National Treasury in terms of which it was proposed that new anti-avoidance rules will be introduced into the Income Tax Act, 58 of 1962 in order to reduce the opportunity for the creation of equity instruments that are artificially disguised as debt instruments.

application to stay execution process commenced pursuant to taxes raised following the late filing of value-added tax and income tax returns

South Africa's recent amendment to section 25B of the Income Tax Act introduces a material change in the taxation of income distributed by resident trusts to non-resident beneficiaries.