27 results found

One often hears that hedge funds are unregulated in South Africa. While this is true as regards direct regulation, anyone looking at establishing a hedge fund in South Africa or investing into such a fund should be aware that a fund will need to navigate a raft of complicated South African legislation.

The South African Revenue Service (SARS) announced that, as of 24 April, a new enhanced Tax Compliance Status (TCS) application form was being introduced "to facilitate the consolidation...

South African tax resident individuals may consider, whether for estate planning purposes or otherwise, to advance funds to offshore trusts for investment abroad.

The proposed changes to the Broad-Based Black Economic Empowerment ("B-BBEE") codes now intend to make "ownership" a compulsory priority element.

I have just wrapped up a ten-day Private Wealth Roadshow that took Guernsey Finance across eight South African towns, concluding with the Columba Leadership Academy charity dinner in Johannesburg.

With the 2025 Budget Speech fast approaching, speculation is mounting over whether South Africa will introduce a wealth tax as part of broader fiscal reforms. With growing concerns about revenue shortfalls.

Guernsey is a prestigious financial services centre, according to wealth management practitioners at this year's STEP conference in South Africa.

In the case Attorney-General of Canada v RJ Reynolds Tobacco Holdings Inc and Others heard in the US Supreme Court of Appeals for Second Circuit, 12 October 2001, 268 F 3d 103, the ‘revenue-rule’ principle was confirmed.

With reform of South Africa's Exchange Control Rules, the restrictions on the use of "loop" structures have been lifted so that South African residents are no longer prohibited...

In a recent judgment, the local division of the Gauteng High Court in Johannesburg ordered PSG Wealth Financial Planning (Pty) Ltd to reimburse an investor, Mr. Gerber, more than R800,000 in cash after Gerber's email account was hacked.

Estimates suggest that the Namibian Government could receive close to USD106-billion (NAD2-trillion at the time of writing) from its petroleum royalties alone...

The world seems to have entered an era of permanent upheaval. Pandemics, geopolitical conflicts, trade barriers, travel and supply chain disruptions, safety and security disturbances...

Returning to South Africa involves more than relocating. Becoming a South African tax resident can affect your worldwide income, offshore assets, estate planning and retirement savings. Reviewing your structures before you return can help avoid unnecessary tax exposure and preserve long-term flexibility.

Now that most applicants who sought amnesty under the Amnesty Act (or, to give it its full name, The Exchange Control Amnesty and Amendment of Taxation Laws Act No. 12 of 2003) have received their amnesty approvals, many will be turning their attention to the tax-efficiency of their offshore structures, which would also be viewed in conjunction with the costs of maintaining them

To encourage greater saving by individuals, the government has proposed the introduction of tax preferred savings and investment accounts.

Can cryptocurrency be held in a South African trust, and what regulatory frameworks govern such arrangements? This analysis examines the intersection of traditional trust law with digital assets...

The past two years have created various uncertainties that have caused investors to place more scrutiny on domiciling decisions; influenced by geopolitics in transition, the war in Ukraine...