Csars v Tradehold Ltd - Supreme Court of Appeal judgment *

South Africa - May 14 2012
Judgment was delivered by Acting Judge of Appeal, Boruchowitz AJA in the Supreme Court of Appeal (“SCA”) ((132/11) [2012] ZASCA 61) between the Commissioner for the South African Revenue Service (“Commissioner”) and Tradehold Limited (“Tradehold”) on 8 May 2012.

Co-authors: Peter Dachs.

Witholding tax on foreign entertainers and sportspersons *

South Africa - April 5 2011
With many international sporting greats and artists (think Sachin Tendulkar and U2) regularly gracing our sports fields and stages (in U2's case, a US$30 million stage!), it is important for South African residents making payments to such individuals to consider the witholding tax which is imposed on foreign entertainers/sportspersons in terms of section 47B of the Income Tax Act, Act 58 of 1962 ("the Act"), is applicable to these individuals.