1,252 results found

Parliament approved a draft law on the Extraordinary Regime on Tax and Foreign Exchange Compliance, regulating the repatriation of assets held abroad that have not been declared in Angola in December 2017.

South Africa's Minister of Finance, Enoch Godongwana, is to deliver his maiden budget speech on 23 February.

The South African Revenue Service ("SARS") often sends out information requests in terms of section 46 of the Tax Administration Act.

Below, please find issue 116 of ENS' tax in brief, a snapshot of the latest tax developments in South Africa.

The Tax Court in Cape Town has ruled on a dividend stripping arrangement used in the sale of a self-storage business, applying South Africa's general anti-avoidance rules to a structure where shareholders attempted to convert taxable capital gains into exempt intercompany dividends. Following the Constitutional Court's recent decision in Absa Bank Ltd v SARS, the Court examined whether a pre-acquisition dividend funded by the purchaser's subscription served any purpose beyond tax avoidance, and whether the

The relationship between an employer and an employee differs significantly from that of an employer and an independent contractor, both legally and financially.

On 2 November 2015, the South African National Treasury published a Draft Carbon Tax Bill for public comment, with the comment period commencing immediately and continuing until 15 December 2015.

Decree No. 18/024, amending the Mining Regulation, was published in the Official Gazette on 12 June 2018. Significant amendments include:

Below, please find issue 112 of ENS' tax in brief, a snapshot of the latest tax developments in South Africa.

Charge ("DRC") Regulations on Valuable Metal were published on 10 May 2024.

The concept of base erosion and profit shifting has been debated at various international forums following discussions at the G20 summit last year.

On 31 July 2020, the National Treasury published the 2020 Draft Taxation Laws Amendment Bill, 2020 Draft Tax Administration Laws Amendment Bill and the 2020 Draft Regulations Prescribing Electronic Services ...

To appreciate the impact of the proposed amendments, it is necessary to understand the current methodology applied in determining the mineral royalty payable in respect of coal.

Section 13sex of the Act now provides for a 5% depreciation allowance per annum over 20 years, and applies only to new and unused residential units or improvements.

South Africa's Minister of Finance, Enoch Godongwana will present the 2025 budget speech on Wednesday, 19 February 2025. Since the last budget, the South African...

The taxpayer contended that it is necessary that a permanent establishment be created first under Article 5(1) and only once that has occurred, is it then necessary to take account of the provisions of Article 5(2)(k) of the DTA.