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South Africa News - Business, Taxation & Offshore

SARS Guides Non-Executive Directors On VAT Obligations

by Lorys Charalambous,, Cyprus

Wednesday, June 14, 2017

The South African Revenue Service has issued further guidance for non-executive directors on the tax treatment of the fees they receive.Read Full Story


South Africa Again Fails To Pass Border Management Bill

by Lorys Charalambous,, Cyprus

Friday, June 9, 2017

Opposition lawmakers in South Africa have again blocked legislation that would have created a dedicated customs authority.Read Full Story



South Africa Urged To Drop New Wealth Tax Proposals

by Lorys Charalambous,, Cyprus

Friday, June 9, 2017

A think tank in South Africa has warned that introducing a new form of wealth tax will unfairly add to the high tax burden of a small number of taxpayers that contribute the most in revenues already.Read Full Story


Switzerland Explains BEPS Changes To Treaty Network

by Ulrika Lomas,, Brussels

Thursday, June 8, 2017

Switzerland has explained how it will amend its double tax agreements, after it signed the OECD's new multilateral tax compact to implement anti-base erosion and profit shifting measures.Read Full Story



South Africa Clarifies Rules For Employment Tax Incentive

by Lorys Charalambous,, Cyprus

Monday, June 5, 2017

The South African Revenue Service has released draft guidance to help employers establish whether the arrangements with their staff are eligible for the Employment Tax Incentive.Read Full Story


SARS Ruling Clarifies Tax Treatment Of Pension Fund Interest

by Lorys Charalambous,, Cyprus

Friday, June 2, 2017

The South African Revenue Service (SARS) has issued updated guidance on the taxation of interest on late payment of benefits by retirement funds.Read Full Story