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
Category: SADC
Tax Intelligence
I wrote a book on tax risk managementTax risk management is a structured process used by organizations, particularly multinational enterprises (MNEs), to identify, assess, and mitigate potential risks that arise in relation to tax compliance, reporting, and planning. It plays a crucial role in ensuring that a company’s tax obligations are managed in a way that minimizes risk exposure while maximizing efficiency and strategic value. 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,
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
South Africa: The Implementation Of BEPS – How It May All Come Together
South Africa: The Implementation Of BEPSBEPS stands for "Base Erosion and Profit Shifting". BEPS refers to tax avoidance strategies used by multinational enterprises (MNEs) to exploit gaps and mismatches in the international tax system. By shifting profits from high-tax jurisdictions to low- or no-tax locations, MNEs reduce their overall tax burden, even if little to no economic activity occurs in the low-tax jurisdictions. These practices erode... – How It May All Come Together Last Updated: 2 December 2015 Article by Esther Geldenhuys ENSafrica We are
South Africa: South African Tax Legislation: Proposed Amendments In An International Tax Context
South Africa: South African Tax LegislationTax laws form the backbone of any nation’s revenue system, setting the rules that govern how individuals and corporations contribute financially to support government functions. These laws define the types of taxes, the applicable rates, and the regulations regarding payment and compliance. They also outline the rights and obligations of taxpayers, ensuring a balanced and fair approach to funding public...: Proposed Amendments In An International Tax Context Article by Lavina Daya, Yani Van Der Merwe and Liesl Visser ENSafrica
South Africa: Increasing Disconnect Between SARS’ Legislated Powers And Its Internal Policies
South Africa: Increasing Disconnect Between SARS’ Legislated Powers And Its Internal Policies Article by Jerome Brink ENSafrica While the Tax AdministrationTax authorities are fundamental institutions
Nigeria: Impacts of the OECD BEPS Project on companies operating in Nigeria
Impacts of the OECDThe Organisation for Economic Co-operation and DevelopmentThe Organisation for Economic Co-operation and Development (OECD) is an international organisation comprising 38 member countries, established to foster economic growth, trade, and development on a global scale. Founded in 1961, the OECD provides a forum for governments to collaborate, share policy experiences, and develop solutions to common economic challenges. The OECD's core mission is to promote policies that improve... (OECDThe Organisation for Economic Co-operation and Development (OECD) is an international organisation comprising 38 member countries, established to foster economic growth, trade, and development on a global scale. Founded in 1961, the OECD provides a forum for governments to collaborate, share policy experiences, and develop solutions to common economic challenges. The OECD's core mission is to promote policies that improve...) is an international organisation comprising 38 member countries, established to foster economic growth, trade,
S.Africa: Interpretation of the Tax Administration Act in the context of SARS’ powers to recover tax
Interpretation of the Tax AdministrationTax authorities are fundamental institutions within government frameworks, overseeing tax assessment, collection, and administration. Their operations ensure that tax laws are enforced and public funds are collected efficiently. This article delves into tax authorities' purpose, responsibilities, and structure, offering insights into their essential role in supporting government functions and economic stability. What is a Tax Authority? A tax authority is... Act in the context of SARS’ powers to recover tax by Caroline Rogers The Tax AdministrationTax authorities are fundamental institutions
S.Africa: proposed unilateral extension of prescription by SARS
proposed unilateral extension of prescription by SARSThe South African Revenue Service (SARS) is the official tax authority responsible for the administration and enforcement of tax laws in South Africa. It plays a crucial role in managing the country’s fiscal policy by collecting revenue, administering customs, and ensuring compliance with tax legislation. Established under the South African Revenue Service Act, No. 34 of 1997, SARS functions independently... by Nicolette Smit, ENS Section 99 of the Tax AdministrationTax authorities are fundamental institutions within government frameworks, overseeing
South Africa: Inland Revenue Updates Guidelines on Valuation of Assets for Capital Gains Tax
South Africa Inland RevenueTax authorities are fundamental institutions within government frameworks, overseeing tax assessmentA tax assessment is a formal determination made by a tax authority to calculate the amount of tax an individual or entity owes. It is a comprehensive evaluation based on financial records, declared income, expenses, deductions, and any applicable tax laws or regulations. Tax assessments may arise from routine self-assessments by taxpayers, or they may be conducted by revenue authorities..., collection, and administration. Their operations ensure that tax lawsTax laws form the backbone of any nation’s revenue system, setting the rules that govern how individuals and corporations contribute financially to support government functions. These laws define the types of taxes, the applicable rates, and the regulations regarding payment and compliance. They also outline the rights and obligations of taxpayers, ensuring a balanced and fair approach to funding public... are enforced