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The SARS goal of creating a new legislative framework for the regulation of tax matters moved forward when updates to the Tax Administration and Customs Control Bills were published for comment. However, contradictions between the two Bills may delay the process.

The introduction of the new South African transfer pricing rules, which took effect from April 1 2012, and the repeatedly delayed publication of the SARS Interpretation Note, have ensured that transfer pricing has been a hot topic of discussion over the last few months.

The Western Cape High Court's recent ruling in C:SARS v Meiring Citrus overturned a Tax Court decision and disallowed a ZAR9.6 million income tax deduction claimed by a citrus farmer for what was marketed as an insurance premium. The judgment raises critical questions about the distinction between genuine insurance and investment arrangements, the burden of proof in prescription cases, and the application of accounting standards to tax deductions. Taxpayers with similar structured self-insurance products sh

As is the case for many African nations, South Africa's economic growth is largely driven by industries such as mining, making it imperative for the government to foster the development of this essential sector.

The first agreement for the exchange of information relating to tax matters concluded by South Africa with San Marino took effect on 28 January 2012.

Expanding your enterprise to a new country is an exciting undertaking, but often comes with its own set of challenges, particularly related to domestic and international tax aspects.

A clogged loss is a loss which, in terms of the Eighth Schedule to the Income Tax Act must be disregarded in the determination of the disposer’s aggregate capital gain or aggregate capital loss.

Under the general provisions of the TAA a taxpayer bears the onus that an amount is not subject to tax or that a deduction claimed is deductible for tax purposes.

The overriding concept of the BEPS Action Plan is that all taxable profits should be taxed once.

As SARS intensifies enforcement through data analytics and AI, taxpayers face increasing technical and procedural risks when disputing assessments. Understanding the objection process—from requesting reasons to meeting strict deadlines and providing proper documentation—can determine whether a tax dispute is resolved efficiently or escalates unnecessarily.

Between April 2019 and June 2021, South Africa underwent a mutual evaluation of its anti-money laundering and counter-financing of terrorism controls, which culminated in the publication...

In line with international models, South Africa has attempted to incentivise investment into the development and renewal of certain urban areas.

"Let's start at the very beginning - A very good place to start" are the words sung in the seminal children's movie ‘The Sound of Music'.

"Let's start at the very beginning – A very good place to start" are the words sung in the seminal children’s movie ‘The Sound of Music’.

The Supreme Court of Appeal recently handed down the judgement in the case between the Commissioner for the South African Revenue Service and De Beers Consolidated Mines Limited.

In a significant development for multinational enterprises (MNEs) operating in South Africa, the Global Minimum Tax Act, 2024, was recently enacted.

Earlier this year, Glencore Investments Ltd (the head of the Australian "consolidated tax group") successfully defended an AUD92.7-million (about ZAR1.15-billion) transfer pricing tax bill in the...