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South Africa News - Business, Taxation & Offshore

Bill To Establish South African Customs Authority Fails Again

by Lorys Charalambous,, Cyprus

Monday, May 15, 2017

Legislation to create a dedicated customs authority in South Africa has again failed to be adopted in Parliament.Read Full Story


South Africa Launches Wealth Tax Debate

by Lorys Charalambous,, Cyprus

Wednesday, April 26, 2017

South Africa's Davis Tax Committee has launched a consultation on options for introducing an additional "wealth tax."Read Full Story



US To Investigate Ten Countries' Steel Exports

by Mike Godfrey,, Washington

Friday, April 21, 2017

The Department of Commerce has initiated a wide-ranging antidumping duty and countervailing duty investigation into imports of carbon and alloy steel wire rod from ten countries.Read Full Story


Rio Tinto Publishes Details Of Taxes Paid In 2016

by Mary Swire,, Hong Kong

Thursday, April 13, 2017

Mining giant Rio Tinto has said that it paid USD4bn in taxes and royalties in 2016, with its total direct economic contribution amounting to USD35bn. Read Full Story



SARS Blames Economy For Weak Tax Revenue Performance

by Lorys Charalambous,, Cyprus

Wednesday, April 12, 2017

The South African Revenue Service says it expects tax revenue collections to have marginally exceeded targets last fiscal year.Read Full Story


SARS Explains VAT Rules On International Transport Services

by Lorys Charalambous,, Cyprus

Friday, April 7, 2017

The South African Revenue Service has released guidance on when a zero-rate of value-added tax should apply to international transportation services of goods and passengers.Read Full Story