11/06/2017
These are the South African links found in the leaks
More details likely to be unveiled as journalists from around the world digests the 13 million plus files.
Tax
10/31/2017
Less than 15 million Nigerians pay tax – FIRS
Fowler said from available records, the total number of individual taxpayers across the country was below 15 million, with majority of those in the private sector
10/24/2017
Illicit outflows hurting Africa’s revenue collections, devt efforts
Africa has lost $50 billion through weak tax laws and treaties
10/23/2017
Tanzania president names tax expert as central bank governor
President Magufuli’s government accuses mining firms of cheating Tanzania out of its fair share of mineral wealth through tax dodging and smuggling, allegations they deny.
10/18/2017
Africa tax in Brief
As part of its role in driving transfer pricing initiatives across Africa.
10/12/2017
Africa robbed of $50bn via treaties, weak tax laws
He said that the conference was part of efforts to broaden Africa’s approach at defining and calculating illicit financial flows with a view to stopping them.
10/12/2017
Financial emigration for overseas South Africans
South African tax residents who live overseas are required to declare their worldwide income to SARS
10/10/2017
New tax law sees increase in financial emigration
The government's planned changes to the tax law for South Africans working abroad - either permanently or on a long-term contracts - has brought financial emigration into sharp focus.
10/10/2017
FG is now collecting your personal data from banks — for tax purposes
Taxpayers who take advantage of the window avoid penalties and interest on taxes owed, tax audits and prosecution for tax offences.
10/10/2017
SARS collects over R1 billion in tax from assets held offshore
The SVDP offered non-compliant taxpayers an opportunity “to regularise their unauthorised foreign assets and income” by voluntarily disclosing tax and exchange control defaults specifically in relation to offshore assets.
10/08/2017
Strengthening tax administration to check illegal financial flows, evasion
The gathering of the tax administrators came at a time when the African tax outlook report showed that the key barriers for the continent is in the area of weak tax laws and incapable tax administration infrastructure.
10/08/2017
Standard Bank sticks with KPMG, McKinsey and SAP
Standard Bank added that it would make a decision regarding its relationships with McKinsey and SAP.
10/06/2017
Tax Evasion As A National Plague
The principle of taxation is based on the notion of what is known as horizontal equity.
10/03/2017
Absa bank to ‘reconsider’ KPMG relationship
The Sarb over the weekend reportedly told the banks that they cannot fire the embattled firm.
10/03/2017
Africa takes time out to tackle tax
The vice-president challenged the participants to find a way of “fixing this car while the engine is still running”
09/28/2017
Hidden assets of Nigerian governor uncovered in offshore tax havens
At least two offshore companies were traced to the governor, one of which was used to acquire a property on Harvey Lodge London.
09/20/2017
South Africans disclose R35bn in offshore assets to taxman
SARS will not pursue criminal charges for the tax offence arising from the disclosure.
09/15/2017
South Africa’s expat tax diluted after pressure pays off
The South African National Treasury said that it still plans to repeal a law that allows a tax exemption on income earned by South Africans working overseas.
09/14/2017
Does it make sense to contribute after-tax money to a pension fund?
The pros and cons of contributions beyond the R350 000 cap.
09/14/2017
Why evade when you have VAIDS
The Voluntary Asset and Income Declaration Scheme is part of the Federal Government’s commitment to rebuild Nigeria’s revenue base by tackling tax evasion.