Archive | Africa

S.Africa: No trade, no deduction: Tax Court issues Section 11(a) judgment

No trade, no deduction: Tax Court issues Section 11(a) judgment   Cliffe Dekker Hofmeyr South Africa December 15 2017 On April 20 2017 the Tax Court issued its decision in X Group (Pty) Ltd v The Commissioner for the South African Revenue Service (SARS).(1) The case concerned X Group’s(2) claim for R90 million as an expense or loss during the […]

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Africa tax in Brief

Africa tax in Brief by Celia Becker Africa regulatory and business intelligence | executive cbecker@ENSafrica.com cell: +27 82 886 8744 African Tax Administration Forum launches transfer pricing risk assessment toolkit During the International Conference on Tax in Africa held in Abuja from 26 to 28 September 2017, the African Tax Administration Forum launched its “Toolkit for […]

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South Africa: Relocating and emigrating from South Africa

Relocating from South Africa? Key steps to undertake in the emigration process ENSafrica South Africa November 22 2017 There are a number of considerations when relocating to another country that involve much more than a mere physical departure and the taking up of permanent residence in a foreign country. In South Africa, an individual will continue to […]

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S.Africa: The Davis Tax Committee (the Committee) released a further report on “Tax Administration” on 13 November 2017

Davis Tax Committee report by Hogan Lovells South Africa November 21 2017 The Davis Tax Committee (the Committee) released a further report on “Tax Administration” on 13 November 2017 as part of the final six reports that were deliverable by the Committee. The report has five chapters covering: Governance of the South African Revenue Service Base Erosion […]

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Tax Intelligence

I wrote a book on tax risk management that includes tax and strategy. It is called TAX INTELLIGENCE and is available on Amazon. https://www.amazon.com/Tax-Intelligence-Habitual-Mistakes-Companies/dp/145006874X However, I am willing to send free pdf copies to those who request it – please send your requests to daniel@TaxRiskManagement.com. The book has been used in college tax classes on tax […]

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S.Africa: Constitutional law – Invalidity of legislation for failure to facilitate adequate public involvement in the legislative process

Constitutional law Invalidity of legislation for failure to facilitate adequate public involvement in the legislative process: The Restitution of Land Rights Act 22 of 1994, which deals with restitution of land rights or compensation for individuals and communities deprived of rights in land as a result of racially discriminatory laws or practices, set the cut-off […]

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S.Africa: SARS attachment powers under TAA should be questioned

EMPLOYEES’ TAX Emolument attaching orders JANUARY 2016 – ISSUE 196 A recent, much publicised decision in the Western Cape High Court declared certain provisions in the Magistrates’ Court Act (MCA) relating to the issuing of emolument attachment orders (EAO) to be invalid and unconstitutional. In the matter of University of Stellenbosch Legal Aid Clinic and […]

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Zimbabwe: Recent Zimbabwe Court cases

Recent Zimbabwe Court cases Comments provided by TaxMatrix (Pvt) Ltd – http://taxmatrix.co.zw/wp-content/uploads/2016/01/December-2015-MTU.pdf Care International- An employee causes a loss to the entity but loss also aggravated by the entity’s fault Case Name Care International In Zimbabwe v ZIMRA and ORS Summary  An employee ( one called Desmond) of Care International (Care) fraudulently declared and claimed […]

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South Africa: SARS Amendments To The Trust Income Tax Return For 2015

South Africa: SARS Amendments To The Trust Income Tax Return For 2015 Last Updated: 2 December 2015 Article by Jenny Klein ENSafrica During the 2014 tax year, the South African Revenue Service (“SARS“) introduced a new income tax return for trusts (ITR12T) which was much more comprehensive than its predecessor. The contents of the return […]

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South Africa: The Implementation Of BEPS – How It May All Come Together

South Africa: The Implementation Of BEPS – How It May All Come Together Last Updated: 2 December 2015 Article by Esther Geldenhuys ENSafrica We are all aware of “base erosion and profit shifting” or “BEPS”. On 5 October 2015, the OECD released its final reports in connection with its BEPS Action Plan including its final […]

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