Regions Archives - Page 36 of 46

S.Africa: And neighbouring countries discuss beefing up tax enforcement

SA, neighbouring countries discuss beefing up tax enforcement Pretoria – The South African Revenue Services (SARSThe South African Revenue ServiceThe 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... (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...) is the official tax

ATL-Editor 21 July 2015

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South Africa: SARS Incorrectly Treating Objections As Invalid

South Africa: 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... Incorrectly Treating Objections As Invalid Last Updated: 13 July 2015 Article by Mmangaliso Nzimande ENSafrica In terms of section 104 of the

ATL-Editor 17 July 2015

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S.Africa: Canadian judgment will apply to similar situations in S.Africa

In McNally v. Canada (National Revenue) (2015 FC 767), the taxpayer brought an application to the Federal Court for an order requiring the Minister to

ATL-Editor 16 July 2015

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S.Africa: Davis Tax Committee seeks public input for First Interim Report on Estate Duty

Davis Tax Committee seeks public input for First Interim Report on Estate Duty 13 July 2015 Author: The Davis Tax Committee The DTC’s media statement

ATL-Editor 16 July 2015

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S.Africa: FATCA: Incidences of non-compliance that are subject to a fixed amount penalty

FATCA: Incidences of non-compliance that are subject to a fixed amount penalty SARSThe South African Revenue ServiceThe 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... (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...) is the official tax authorityTax 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... responsible for

ATL-Editor 16 July 2015

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Mauritius: Automatic Exchange Of Information In Tax Matters: Mauritius Is One Of The First African Countries To Sign Up

Mauritius: Automatic Exchange Of Information In Tax Matters: Mauritius Is One Of The First African Countries To Sign Up Last Updated: 8 July 2015 Article

ATL-Editor 11 July 2015

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Tanzania: DTAs and Practical Issues and Insights

Double TaxationDouble Taxation occurs when the same income or financial transaction is taxed twice, typically in different jurisdictions. It can arise in two primary contexts: economic double taxation, where the same income is taxed twice in the hands of different taxpayers, and juridical double taxation, where the same taxpayer is taxed on the same income in more than one country. Double... Agreements with Tanzania: Practical Issues and Insights Jul 10, 2015 ONE of the most immediate and obvious consequences of globalization is the impact

ATL-Editor 11 July 2015

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Namibia: Transfer Pricing update July 2015

In Namibia, Transfer PricingTransfer pricing is a fundamental concept in international taxationFOR MORE INSIGHT ON INTERNATIONAL TAXATION, PLEASE READ THIS ARTICLE: Introduction to International Taxation: Key Concepts & Guidelines International Taxation encompasses the framework of laws, principles, and treaties that govern the tax obligations of individuals and entities engaged in economic activities that span multiple jurisdictions. This field addresses how income, profits, and gains are taxed when operations or investments extend... that defines the pricing methods and rules applied to transactions between related entities

ATL-Editor 8 July 2015

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Mauritius: Impact of FATCA on Mauritius Entities

Impact of FATCA on Mauritius Entities Stephen V. Scali Conyers Dill & Pearman Stephen V. Scali is Head of Mauritius Office at Conyers Dill &

ATL-Editor 27 June 2015

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S.Africa: Taxation of Interest – The Complex Web

Taxation of Interest in South Africa—The Complex Web The number of provisions contained in the Income TaxIncome Tax is a direct levy imposed by governments

ATL-Editor 27 June 2015

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