Archive | January, 2016

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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Posted in Africa, SADC, South Africa0 Comments

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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Posted in Africa0 Comments

India and Korea: New memorandum suspends tax collection during MAP

India and Korea: New memorandum suspends tax collection during MAP India and South Korea have signed a new MoU [memorandum of understanding] tax treaty on December 9 to strengthen the ease of doing business in each country. Other countries should follow this example. It is the writer’s view that collection of tax is suspended anyway […]

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Posted in FP News0 Comments

Nigeria: Budget for 2016 – details

Nigeria Report from Emily Muyaa, IBFD Senior Research Associate Budget for 2016 – details Details of the Budget for 2016 (see Nigeria-1, News 22 December 2015 for earlier reporting) have become available. The government proposes to reduce reliance on oil revenues (which are expected to amount to NGN 820 billion) in 2016. Non-oil revenues, comprising […]

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Posted in Nigeria, West Africa0 Comments