06/24/2015
In particular, it is proposed that tax authorities will be allowed to use ex post “evidence”, (i.e. hindsight), to assess the arm’s length nature of transfer pricing arrangements in respect of “hard-to-value-intangibles”.
06/24/2015
in certain circumstances, the Commissioner may accept a different percentage annual yield – should this be supported by facts.
06/22/2015
An Absa bank custodian and one of the bank’s cleaners, who allegedly stole more than R3 million from the bank last March, have been found guilty in the Nelspruit Regional Court
06/22/2015
Nedbank chief executive Mike Brown has been subpoenaed to give evidence today at a confidential Section 417/418 inquiry in terms of the Companies Act.
06/22/2015
The Economic and Financial Crimes Commission will today commence the trial of a former Chairman of Wema Bank, Olapade Mohammed and two other directors of AKS Steel Nigeria Limited before a Federal High Court in Lagos.
06/22/2015
Olapade is standing trial alongside others over alleged theft of about N2 billion belonging to the company.
06/19/2015
Tax update – taxation of directors’ fees
06/18/2015
Recent amendments to the Financial Advisory and Intermediary Services Act (“the Act”) have sought to further clarify the relationship between a financial services provider and its appointed representatives.
06/18/2015
THE Constitutional Court on Thursday found against internet entrepreneur Mark Shuttleworth in his battle against the South African Reserve Bank.
06/16/2015
Firm adds senior associate and senior clerk to growing practice; promotes team member to counsel
06/15/2015
Hotel was part of €100m in assets transferred from Seán Dunne, South Africa court hears
06/12/2015
The judge gave the warning Thursday when a petition against the bank and its subsidiaries by a Lagos-based businessman, Chief Marcel Eze, came up for hearing.
06/12/2015
The worst news: You overpaid.
06/05/2015
The Central Bank of Nigeria had in September last year invited the Economic and Financial Crimes Commission to unravel the alleged racket
06/05/2015
Mbeki said the figure is an underestimate as it excludes elements such as trading services and intangibles, bribery, trafficking drugs, firearms and people.
06/04/2015
A report has uncovered how African countries lose billions of dollars yearly through tax evasion by multinationals
06/02/2015
Nigerian officials charged six central bank workers and 16 commercial bankers in a $40.2 million fraud scandal on Sunday
06/01/2015
FIFA president Sepp Blatter could be quizzed by Swiss authorities as the corruption scandal engulfing world football's governing body took a fresh twist on Sunday
06/01/2015
The company, worth over a billion rand, claimed to finance the sale of petroleum products and attracted almost 4 500 investors
05/27/2015
Troubled South Africa-based company Evraz Highveld Steel and Vanadium is in a legal dispute with Sasfin Bank