Tax and Africa Continental Free Trade Area
Tax will have a significant role to play on the development of the Africa Continental Free Trade Area (AfCFTA). The AfCFTA is billed to become the world largest free trade. It will create a single market of 1.2 billion Africans and GDP of $2.5 Trillion. While this...Tax Indaba 2019 on 26 – 30 August , Sandton, South Africa
The Tax Indaba was launched in 2011 thanks to the successful collaboration of local tax professional bodies in South Africa. The event hosts around 1 800 delegates who look forward to the 50+ tax topics that are covered over 5 days. In 2018, each day of Tax Indaba...
South Africa Budget 2019 – Mandatory Disclosure Rules
South Africa Budget of 2019 proposes that the OECD’s model mandatory disclosure rules be implemented in South Africa. This is because of a growing interest in offshore structures and arrangements designed to circumvent financial account reporting under the OECD’s...
SOUTH AFRICA 2019 BUDGET: TAX PROPOSALS: South Africa CFC and Anti-diversionary rules
Tax proposals in the South Africa Budget 2019 show a concerted effort to close loopholes, align the Income Tax Act provisions with the OECD Multilateral Instrument and remove hurdles inadvertently created when previous anti-avoidance provisions were introduced. Tax...
An overhaul of the Global Corporate Tax System – OECD
Proposal to apply corporate tax based on the place where sales occur, are geared to tax mainly digital companies like Amazon and Google.