Archive: South Africa
South Africa announces 2013/14 budget [TAX ALERT]
March 27, 2013. Tags: budget, South Africa
The South African Minister of Finance delivered his 2013/14 Budget Speech on 27 February 2013. This Alert summarizes the proposals that may impact foreign investors. Further details …
South Africa: Budget for 2013–14 – direct taxes
March 7, 2013. Tags: budget, direct tax, South Africa
The Budget for 2013–14 was presented to Parliament by the minister of finance. Details of the Budget are summarized below. Unless otherwise indicated, the corporate taxation …
South Africa: Budget for 2013–14 – indirect taxes
March 7, 2013. Tags: budget, indirect tax, South Africa
The Budget for 2013–14 was presented to Parliament by the minister of finance on 27 February 2013. Details of the Budget on indirect taxes, which, unless …
South Africa: proposals to improve tax incentives for retirement savings released for public comment
October 10, 2012. Tags: individual tax, retirement, South Africa, tax incentives, tax policy
On 4 October 2012, the Ministry of Finance released a technical discussion paper proposing the simplification of the current tax regime by harmonizing the tax …
Southern African Development Community: agreement on assistance in tax matters among the Southern African Development Community Member States signed
August 24, 2012. Tags: mutual assistance, South Africa, tax administration
During the 32nd Summit of the Southern African Development Community (SADC) held on 17 and 18 August 2012 in Maputo, Mozambique, a multilateral agreement on …
Guernsey and South Africa: amendment regarding introduction of dividends tax to the exchange of information agreement – signed and effective
August 8, 2012. Tags: dividends, Guernsey, information-exchange, South Africa
According to the information published by the Government of Guersney, Guernsey and South Africa have signed an amendment, in the form of an exchange of …
Tax reform and modernization in South Africa: building a better gateway to Africa
July 26, 2012. Tags: Africa, South Africa, tax administration, tax reform, thin capitalization
South Africa is enacting policies designed to enhance its attractiveness to investors in Africa
Saudi Arabia and South Africa: treaty details
June 18, 2012. Tags: capital tax, income tax, Saudi Arabia, South Africa, treaty
Details of the Saudi Arabia–South Africa Income and Capital Tax Treaty (2007), signed on 13 March 2007, have become available. The treaty was concluded in English …
South Africa to switch over from secondary tax on companies to dividends tax
January 31, 2012. Tags: dividends, South Africa
South Africa will switch over from its current secondary tax on companies (STC) regime to a dividends tax, effective from 1 April 2012. Under the current …
South Africa aligns customs accreditation with the European Union
October 25, 2011. Tags: customs and trade, European Union, South Africa
Multinationals operating in both the EU and South Africa can only benefit from this alignment when setting up standard operating procedures as part of a global customs compliance framework.
The South African transfer pricing legislation mind field
August 12, 2011. Tags: income tax, News, South Africa, transfer pricing
There is no doubt that the proposed changes to the transfer pricing rules contained in Section 31 of the South African Income Tax Act, have …
South Africa: Is your company required to register for VAT?
June 13, 2011. Tags: indirect tax, South Africa, VAT
Unique VAT rules may create an unexpected obligation for non-resident entities to register for VAT.
Indirect tax briefing April 2011
April 28, 2011. Tags: customs and trade, European Union, indirect tax, Poland, South Africa, VAT
Welcome to the second edition of Ernst & Young’s Indirect tax briefing – a review of global indirect tax developments and issues.
Building BRICS in Africa
April 18, 2011. Tags: Africa, BRICS, customs and trade, South Africa
The news that South Africa has been formally invited to join a group of the world’s key emerging economies raises questions, particularly with respect to trade opportunities.
New duty collection and revenue-sharing scheme in the East African Community
April 13, 2011. Tags: Africa, customs and trade, News, South Africa
The East African Community (EAC), consisting of Burundi, Kenya, Rwanda, Uganda and Tanzania, recently launched a pilot program for the implementation of the new duty …
Progress with South Africa’s customs modernization program means significant changes for traders
January 18, 2011. Tags: customs and trade, News, South Africa
South Africa’s trade technology, processes and policies are undergoing a significant transformation with its customs modernization initiative. As part of this initiative, the South Africa Revenue …
South Africa immigration update
December 2, 2010. Tags: hr, News, South Africa
The process of obtaining work permits for foreign employees has become overwhelmingly complicated in South Africa due to a number of changes in the immigration …
South Africa transfer pricing analysis – discretionary or not?
September 8, 2010. Tags: News, South Africa, transfer pricing
On 24 August 2010, the South Africa Ministry of Finance released the new Taxation Laws Amendment Bill enacting the proposed draft legislation circulated in May. …











