Managers of Wealth Africa

Liberia, America’s outpost of financial secrecy

They can also issue “bearer shares”, a legal instrument banned in most countries because of the ease with which they can be used for tax evasion and money laundering.

SARS identifies South Africans mentioned in Panama Papers

So far 79 of a total 560 offshore entities have been matched to 81 South African residents.

Africa tax in brief by Celia Becker, ENS Africa

NIGERIA: Tax Appeal Tribunal confirms that tax assessments are to comply with the enabling act

SOUTH AFRICA: Pension funds and BEPS by Magda Snyckers, ENS Africa

Is the current international tax focus on base erosion and profit shifting (“BEPS”) relevant for tax-exempt pension funds?

Update on the taxation of South African dividends to the Netherlands by Stephan Spamer and Howmera Parak

In 2014 and 2015, ENSafrica published two articles on the “most favoured nation clause” contained in article 10(10) of the protocol (“2008 Netherlands Protocol”) issued under the Netherlands/South Africa (“SA”) double t

Value added tax on private equity transactions by Seelan Moonsamy, ENS Africa

The judgment of the Supreme Court of Appeal (“SCA”), which established certain guidelines and principles regarding the claiming of input tax for value added tax (“VAT”) purposes in the Commissioner for South African Revenue Service

How African billionaire Isabel Dos Santos cropped up in Panama Papers

African billionaire whose companies in Malta hold Angola state involvements has had to deny that her business manager sought to open an offshore company for her

Mauritius and India sign a protocol amending the Mauritius-India Tax Treaty - Appleby

Mauritius and India sign a protocol amending the Mauritius-India Tax Treaty India and Mauritius signed a protocol for the amendment of the convention for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes of incom

The Panama Papers and the Africa Story

But mining concessions are being sold for much less than their market value, to middle people who resell them at vast profits.

Revised Mauritius tax pact may hit overseas fund flows

The new regime will apply on shares acquired on or after April 1, 2017, the finance ministry said in a statement.

Imperial Bank owners linked to shell firms in overseas tax havens

There is no suggestion of wrong doing on the part of the Kenyans with accounts in the tax havens.

Zimbabwe’s Innscor Africa Directors Caught Up in Panama Papers

Zimbabwe’s Reserve Bank says it did not authorize directors of consumer giant Innscor Africa to open offshore accounts uncovered in the ongoing Panama Papers investigation.

What financial transparency means in Panama Papers era

For some taxpayers including South Africans, the CRS is already "live"; for others it is imminent.

South African tax by ENS Africa

Recent Binding Private Rulings, Binding Class Rulings and Binding General Rulings

Liberia: Africa's Unknown Tax Haven With Much To Lose

As world leaders consider what to do about the revelations emerging from the Panama Papers, Liberia's government will be worrying about the fall-out that may cross the Atlantic Ocean from the affair.

South Africa Voluntary Disclosure Programme - Deloitte

From 1 October 2016 a special Voluntary Disclosure Facility will open which will allow natural persons, corporates and close companies, which are resident in South Africa, to disclose previously undisclosed foreign assets and income to regularise their t

Africa tax in brief by Celia Becker, ENS Africa

BOTSWANA: Protocol to treaty between Botswana and Sweden enters into force

Forget the Camerons, the African giveaway is the real Panama Papers story Kevin Watkins

Offshore accounts have helped people get rich off the continent’s natural resources – just not ordinary citizens

Should Wealthy Ugandans Pay More Taxes?

This is nearly three times the budget allocated to the standard body, a government institution charged with fighting counterfeit and substandard products flooding the market.

Interview of Gary Gowrea, Managing Director of Cim Tax Services

The BEPS project and CRS are in line with international efforts to counter tax evasion, tax avoidance and fraud; it aims at making it more difficult for companies that have legal entities registered in low-tax jurisdictions to take advantage of the favora