06/06/2018
Africa should stop tax holidays – expert
He stressed that African governments need to create a sovereign wealth fund that can rake in taxes through different sources in order to be able to respond to certain challenges, while promoting trade and growth.
06/05/2018
The amnesty, targeting foreign earned income up to the period ended December 2016, was extended for another six months last December following delay by the taxman to issue guidelines on filing and repatriating wealth stashed in offshore accounts.
05/29/2018
The money is desperately needed. Widening Nigeria’s tax base will help boost non-oil revenue in Africa’s largest economy, which is limping out of its worst recession in 25 years.
05/28/2018
The money is desperately needed. Widening Nigeria’s tax base will help boost non-oil revenue in Africa’s largest economy, which is limping out of its worst recession in 25 years.
05/23/2018
Investment hubs are jurisdictions that facilitate the flow of international investments, thanks to their stable legal and political environment, a sound financial infrastructure, and a professional ecosystem.
05/21/2018
They do this with the help of professional tax experts, hired by banks, financial advisory or asset management companies and firms providing professional services. The service goes by many innocuous names, including transfer pricing.
05/18/2018
Though SARS' announcement on the tax status of cryptocurrencies has been anticipated, at this late stage it may come as a shock to many to learn that, not only will their cryptocurrency transactions be taxable going forward, but that tax legislation
05/16/2018
Baha Mar created about 4,000 jobs by March 2018 and helped reduce the unemployment rate to 10.1 percent in November 2017, from 11.6 percent one year earlier. Inflation remains low despite higher oil prices.
05/11/2018
The Davis Tax Committee has reviewed a possible wealth tax and has concluded that this is probably premature in an anaemic economy, Mertens explained.
05/08/2018
The firm’s future was already unclear after it lost its largest private-sector audit client, Barclays Africa, last week, and auditor-general Kimi Makwetu cancelled its government auditing contracts in April.
04/27/2018
'The extension will provide an opportunity for taxpayers caught by the original deadline to regularize their tax positions.
04/16/2018
The allegations against them included their failure to comply with the firm’s policies and procedures regarding the disclosure of relevant financial interests, KPMG South Africa said in an emailed statement on Saturday.
04/13/2018
Davis Tax Committee publishes its final report.
04/11/2018
The launch continues Andersen’s strategic expansion across Africa, with Andersen Tax in Kenya becoming the second African firm to adopt the Andersen name. In Kenya, Andersen Tax is led by Managing Partner, Philip Muema.
04/11/2018
Tax-battered wealthy South Africans, hoping to protect their retirement income are retiring to Portugal for six months a year on the country’s Non-Habitual Residence programme, with its attractive 10-year tax break.
04/10/2018
In terms of fighting corruption and illicit financial outflow of African money, Alvin stated that it is necessary to look into both the demand and supply side (the corrupt African elites and these who corrupt them).
03/29/2018
Gupta Brothers Get Lifeline As Indian Tax Authorities Grant Extension
The accountant reportedly told officials he was ready to answer all their questions regarding the Guptas' tax affairs.
03/23/2018
So, with effect from 1 June 2014, the VAT Act was amended and regulations were introduced which changed the way that certain imported electronic services were to be taxed,” the law firm said.
03/22/2018
A payment plan should be proposed by the applicant at the time of application
03/21/2018
Mutual agreement procedures between tax authorities are typically drawn-out processes with no guaranteed outcome.