Capital Gains TaxCGTIncome taxSARSSouth AfricaSouth African Revenue Authority South Africa’s Section 42 for normal people When normal people hear the phrase “a section 42 asset-for-share-transaction” the reaction is usually one…Regan Van RooyDecember 1, 2023
AfricaAfricaTaxEmployee taxesIncome taxSouth AfricaSouth African Revenue AuthorityTax CITIGROUP vs the South African Revenue Service: the battle over VAT on seconded employees In a previous newsletter, we explored the potential value-added tax (“VAT”) liabilities that may arise…Regan Van RooyOctober 27, 2023
AfricaTaxCustomsDigitalForeign Businessinternational tradeSARSSouth AfricaSouth African Revenue Authority SARS issues notices of intent to suspend customs registrations for recalcitrant modernisers The South African Revenue Service (SARS) is currently digitalising all its processes and as part…Regan Van RooySeptember 29, 2023
Employee taxesForeign BusinessIncome taxInternational Taxinternational tax developmentsSARSSouth AfricaSouth African Revenue AuthorityTaxTax complianceTax Law So now foreign companies in South Africa need to register as employers for tax purposes In this week’s newsletter, we highlight another important proposal to amend the Income Tax Act…Regan Van RooySeptember 22, 2023
AfricaAfricaTaxEntrepreneursIncome taxInternational TaxSARSSouth AfricaTaxTax Authorities Are Entrepreneurs unfairly taxed? Governments should incentivise entrepreneurs to develop and grow businesses in their home country right? However,…Regan Van RooySeptember 8, 2023
AfricaAfricaTaxEthiopiaGamblingSARSSouth AfricaSouth African Revenue AuthorityTanzaniaUgandaZambia Spotlight on Betting Taxes in Africa Betting has become a booming business in many parts of Africa. This has been driven…Regan Van RooySeptember 1, 2023
Foreign BusinessSARSSouth AfricaSouth African Revenue AuthorityTax More changes to SA’s interest deductibility rules – what’s going on? Last year we drew attention to the proposed withdrawal of Practice Notice 31 (PN31) by…Regan Van RooyAugust 25, 2023
AfricaAfricaTaxIncome taxinternational tradeOwnershipSARSSouth AfricaSouth African Revenue AuthorityTax compliance Exploring the latest amendments to the SA Companies Act: A Focus on Beneficial Ownership Today we are diving right back into the realm of beneficial ownership, a topic that…Regan Van RooyAugust 18, 2023
AfricaAfricaTaxCFCEmigrationForeign BusinessIncome taxInternational TaxSARSSouth AfricaSouth African Revenue Authority SA Tax Developments – The Latest TLAB This past weekend was jam-packed with much excitement and anticipation (and not just because the…Regan Van RooyAugust 4, 2023
AfricaAfricaTaxDTAIncome taxInternational TaxSouth AfricaTax Tax Residency: A Complicated Enigma Following our newsletter on corporate tax residency "Sonnet 18 by SARS all things POEM" today we discuss…Regan Van RooyJuly 28, 2023