07/29/2019
The Ministry has given recognition to 160 loyal tax payers, including the ruling party trading company, Trans Ethiopia, which paid a total of 417 million birr (around $14.4 million) from its operations in Mekele, Tigray.
07/26/2019
As African countries struggle to meet revenue targets, many local and international investors choose to domicile their investments in Mauritius due to its low tax regime and tax treaties.
07/26/2019
If a South African tax resident does not meet the requirements of the exemption, the resident will remain taxable in South Africa on any remuneration earned outside the country.
07/24/2019
The changes to the foreign employment income tax exemption was proposed in the Budget Review of 2019 for the upcoming legislative cycle and will therefore only be actioned in 2020.
07/24/2019
The modus operandi — which may arguably be by the book — thrived on Mauritius' opaque financial laws devised to facilitate the State turning into a haven for offshore firms, the large amount of one-sided "tax treaties" the count
07/22/2019
The high remittance can however be attributed to the rush by the diaspora to repatriate funds home before June 30
07/17/2019
Senegal thus becomes the thirteenth African country where Andersen Global has a member or collaborating firm offering legal services.
07/15/2019
Following this seminar, they carried out a mock on-site visit from 3 to 5 July conducting a preliminary assessment to identify areas where improvements are needed and prepare stakeholders for the review process.
07/04/2019
"If the authorities find that it is not in Mauritius, then the entity is not a tax resident at all, and if it's not a tax resident, then the treaty benefits it gets with other countries will not be available to it," experts said.
07/02/2019
SARS will renew its focus on monitoring income and expenses from commission earners.
07/02/2019
From March 2020, Sars is changing the rules for South Africans working abroad; here’s what you need to know
06/27/2019
The government has also introduced changes to cap penalties arising from audits and investigations to a maximum of 20 per cent on any underdeclaration of taxes exceeding 10 per cent of the declared tax.
06/20/2019
The burden of supporting extended family can cripple an individual’s financial aspirations.
06/20/2019
Tax is a big consideration in an investment portfolio, along with various other factors.
06/19/2019
The issue of black tax is a complex one, characterised by a balancing act between the responsibility felt to immediate and extended families, and the desire to attain financial freedom.
06/14/2019
Tax filing opens August 1 for all taxpayers, but digital platforms are available for e-filing from July 1.
06/10/2019
In terms of the “conduit principle”, the source of income earned by a trust flows through to the beneficiary in the same nature in which it was earned by the trust.
06/03/2019
The new law provides for a 100 percent penalty on any shortfall
05/31/2019
The impact of the legislation, along with complementary measures such as the national greenhouse gas emission reporting regulations, will have a transformative effect on the South African economy.
05/30/2019
Central bank governor Ernest Addison has said that Ghana missed its first-quarter revenue target by almost a fifth, while the country’s total debt at the end of March was up 16% from a year earlier – reaching 58% of gross domestic product (GDP