Archive | March, 2018

What is Bitcoin and its taxation consequences

Abdulkadir Kahraman KPMG Turkey Abdulkadir Kahraman is Partner and Head of Tax at KPMG Turkey Reality of the Digital Economy With the 21st century the doors of the world opened up to a new age: the digital era. Digitization rapidly transforms the nature of economic activities by reducing the cost of goods and services to […]

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Posted in FP News

Future expenses deductible now – a judgment about Section 24c of the Income Tax Act

Future expenses deductible now – a judgment about Section 24c of the Income Tax Act Cliffe Dekker Hofmeyr South Africa┬áMarch 2 2018 Section 24C of the Income Tax Act, No 58 of 1962 (Act) provides for an allowance in respect of future expenditure to be incurred under a contract. On 3 November 2017, the Tax […]

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Posted in FP News