04/11/2018
The launch continues Andersen’s strategic expansion across Africa, with Andersen Tax in Kenya becoming the second African firm to adopt the Andersen name. In Kenya, Andersen Tax is led by Managing Partner, Philip Muema.
04/11/2018
Tax-battered wealthy South Africans, hoping to protect their retirement income are retiring to Portugal for six months a year on the country’s Non-Habitual Residence programme, with its attractive 10-year tax break.
04/10/2018
In terms of fighting corruption and illicit financial outflow of African money, Alvin stated that it is necessary to look into both the demand and supply side (the corrupt African elites and these who corrupt them).
03/29/2018
Gupta Brothers Get Lifeline As Indian Tax Authorities Grant Extension
The accountant reportedly told officials he was ready to answer all their questions regarding the Guptas' tax affairs.
03/23/2018
So, with effect from 1 June 2014, the VAT Act was amended and regulations were introduced which changed the way that certain imported electronic services were to be taxed,” the law firm said.
03/22/2018
A payment plan should be proposed by the applicant at the time of application
03/21/2018
Mutual agreement procedures between tax authorities are typically drawn-out processes with no guaranteed outcome.
03/09/2018
The South African study is based on responses from a representative sample of 59 banks, insurers and asset managers, including 17 with assets exceeding $50bn.
03/06/2018
Adeosun advised offshore asset owners in Nigeria to utilise the VAIDS window to regularise their taxes before the end of the amnesty programme.
02/28/2018
Tax exemptions are not limited to income tax
02/28/2018
Immovable property will generally qualify as an allowance asset where the owner is entitled to claim an allowance in terms of, inter alia, sections 11(g) 13, 13bis, 13ter, 13quat, 13quin and 13sex.
02/22/2018
“A less complex means of applying higher taxes to luxury goods is to increase ad valorem excise duties,” explains Treasury’s official budget review.
02/21/2018
Nigeria had entered into Automatic Exchange of Tax Information
02/21/2018
Gigaba estimated that free higher education would be implemented at a cost of R40bn
02/20/2018
Tax experts have warned that all South Africans – rich and poor – are likely to feel the effects of higher taxes this year, specifically with a VAT hike on the cards.
02/09/2018
The rules are particularly important for local groups of companies intending to rationalize their group structures by liquidating or deregistering companies within the group.
02/05/2018
SARB has been the first of the two bodies to comment, noted Renwick. “Its view is that cryptocurrency does not fall within the ambit of their regulatory compliance.
02/01/2018
South Africa’s secrecy score is, however, the lowest of the nine African jurisdictions included in the 2018 FSI.
02/01/2018
Inappropriate mix could stifle economic growth.
01/31/2018
These countries typically use secrecy to attract illicit and illegitimate or abusive financial flows.