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Allowances under section 11(e) assets forming part of a sale and leaseback arrangement

  • DLA Cliffe Dekker Hofmeyr
  • -
  • South Africa
  • -
  • May 17 2013

The South African Revenue Service (SARS) issued Binding Private Ruling 145 (ruling) on 8 May 2013. The ruling deals with the tax treatment of assets

Consideration received for the surrender of a right to acquire shares under section 8c

  • DLA Cliffe Dekker Hofmeyr
  • -
  • South Africa
  • -
  • May 17 2013

The South African Revenue Service (SARS) issued Binding Private Ruling 147 (ruling) on 14 May 2013. It deals with the tax treatment of compensation

Draft interpretation note on definitions of 'group of companies'

  • DLA Piper
  • -
  • South Africa
  • -
  • May 17 2013

On March 13 2013 the South African Revenue Service released a draft interpretation note to provide guidance on the interaction between the

Year in review - 2012 tax developments in South Africa

  • Fasken Martineau DuMoulin LLP
  • -
  • South Africa
  • -
  • May 15 2013

During 2012 a number of significant amendments were made to the tax legislation in South Africa. This report provides a brief description of certain

Preference shares constituting equity shares

  • DLA Cliffe Dekker Hofmeyr
  • -
  • South Africa
  • -
  • May 10 2013

A very interesting binding private ruling was released by the South African Revenue Service (SARS) on 2 May 2013. Binding Private Ruling 143 (BPR

VAT treatment of demonstration vehicles

  • DLA Cliffe Dekker Hofmeyr
  • -
  • South Africa
  • -
  • May 10 2013

When a car dealership acquires a vehicle purely for demonstration use, the question arises of whether this constitutes a taxable supply for

The new regulation on tax administration in South Africa

  • Emery Mukendi Wafwana & Associates PC
  • -
  • South Africa
  • -
  • May 8 2013

Taxpayers in South Africa will from now on face strong audit from The South African Revenue Services (SARS); following the regulation gazette in

Update on carbon tax in South Africa

  • Emery Mukendi Wafwana & Associates PC
  • -
  • South Africa
  • -
  • May 3 2013

In South Africa, the National Treasury today (May 2, 2013) publishes the Carbon Tax Policy Paper, Reducing greenhouse gas emissions and facilitating

New proposals on recharacterisation of hybrid debt instruments

  • DLA Cliffe Dekker Hofmeyr
  • -
  • South Africa
  • -
  • May 3 2013

National Treasury (Treasury) and the South African Revenue Service (SARS) recently released certain proposed limitations on excessive interest

STC credits and new binding class ruling

  • DLA Cliffe Dekker Hofmeyr
  • -
  • South Africa
  • -
  • May 3 2013

The Dividends Tax regime was implemented just over a year ago on 1 April 2012. As part of the transitional arrangements from Secondary Tax on