06/18/2015
THE new double-tax treaty between SA and Mauritius is set to come into force in January next year, following a controversial renegotiation to better protect the South African tax base.
06/17/2015
Nigeria and Singapore have concluded plans to sign agreements to strengthen their bilateral air services and curb double taxation on investments in both countries.
06/12/2015
Thus, it is a major development that the Nigerian government finally has ratified the Convention on Mutual Administrative Assistance in Tax Matters.
06/10/2015
The Netherlands is ready to sign the long awaited agreement on double taxation with Kenya, to cut the cost of trade, its ambassador Joost Reintjes said yesterday.
06/09/2015
Where a foreign company renders professional services to a South African company, it is important that the foreign entity considers whether, as a result of rendering such services, the foreign company will create a permanent establishment in South Africa.
06/08/2015
Where a foreign company renders professional services to a South African company, it is important that the foreign entity considers whether, as a result of rendering such services, the foreign company will create a permanent establishment in South Africa.
06/02/2015
The understanding was reached in relation to the below factors to be considered when endeavouring to settle the question of dual residence
05/25/2015
The Kenya Revenue Authority has lost a tax demand battle against Barclays Bank of Kenya after the High Court ruled that its classification of royalties is vague
05/22/2015
The number of provisions contained in the Income Tax Act, 58 of 1962 (“the Act”) which deal with tax treatment of interest income and interest expenditure have gradually increased over time.
05/22/2015
The South African Revenue Service (“SARS”) often sends out information requests in terms of section 46 of the Tax Administration Act. The question arises, in what circumstances SARS is permitted to ask such questions and what limits exist in r
05/22/2015
In the 2016 tax year (1 March 2015 – 29 February 2016), South Africa’s highest tax rate increased to 41%
05/21/2015
Davis said high-net-worth individuals could also be targeted.
05/14/2015
Judge Dennis Davis considers potential sources.
05/13/2015
Globally, there have been numerous reports regarding multinationals that pay little or no tax in the markets
05/06/2015
The deductibility of interest has for years been a contentious issue and this has been reaffirmed with the introduction of section 23M into the Income Tax Act No 58 of 1962 with effect from 1 January 2015
05/05/2015
The Guidance Note provides practical assistance to Mauritius-based financial institutions, businesses, their advisers, and officials dealing with the application of FATCA.
04/24/2015
According to sources, while foreign investors paying capital gains tax in their home nations will not be subject to 20% MAT
04/22/2015
The time from now until 2016 is a very important period within which businesses have the opportunity to come to terms with, and devise a strategy for, the impact that a carbon tax may have on their operations.
04/22/2015
When it comes to the payment of tax which is disputed by a taxpayer, South African tax law is premised on the principle of pay now, argue later.
04/14/2015
An external company must be regarded as "conducting business"