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Results: 1-10 of 57

High Court decision good news for landlords - judgment authorising landlord to cut off electricity

  • DLA Cliffe Dekker Hofmeyr
  • -
  • South Africa
  • -
  • April 16 2015

An as yet unreported judgment dealing with a landlord's obligation to pay for electricity (to the City of Cape Town) in circumstances where the tenant

Beware of transfer duty on deposits forfeited in property transactions

  • Eversheds LLP
  • -
  • South Africa
  • -
  • April 10 2015

Buyers of immovable property must think very carefully before paying deposits. If for some reason the sale is cancelled, the purchaser remains liable

Extension for Philadelphia nonprofit property owners filing to maintain tax exemption

  • Pepper Hamilton LLP
  • -
  • South Africa, USA
  • -
  • April 1 2015

Nonprofit organization owners of tax-exempt real property located in Philadelphia were required to submit information by March 31, 2015 for their

REITs dispensation for unlisted property-owning companies

  • Webber Wentzel
  • -
  • South Africa
  • -
  • February 26 2015

A special dispensation for listed REITs was introduced in 2012. It is proposed that a regulatory framework for unlisted property-owning companies be

Withholding tax on disposal of immovable property

  • Webber Wentzel
  • -
  • South Africa
  • -
  • February 26 2015

Broader application of the withholding tax on immovable property disposed of by non-residents is envisaged. It is proposed that the definition of

REIT legislation extended to unlisted property-owning companies

  • DLA Cliffe Dekker Hofmeyr
  • -
  • South Africa
  • -
  • February 25 2015

Section 25BB of the Income Tax Act was adopted in South Africa with effect from 1 April 2013 to govern the taxation of real estate investment trusts

South Africa gets to work on its first ‘smart city’

  • Greenberg Traurig LLP
  • -
  • South Africa
  • -
  • February 23 2015

Work is beginning on a R84 billion "smart city" project in Modderfontein, South Africa, just east of Johannesburg. The developer, Chinese investment

SONA 2015 review: foreign land acquisition

  • Hogan Lovells
  • -
  • South Africa
  • -
  • February 23 2015

President Jacob Zuma delivered his State of the Nation Address (SONA) on 12 February 2015. The evening was marred by controversial events, ranging

A recap of the REIT provisions and the latest amendments thereto

  • ENSafrica
  • -
  • South Africa
  • -
  • February 18 2015

The provisions in the Income Tax Act No. 58 of 1962 ("the Act") pertaining to the taxation of Real Estate Investment Trusts ("REITs") are contained

12 February 2015 State of the nation address and land ownership in South Africa

  • Hogan Lovells
  • -
  • South Africa
  • -
  • February 17 2015

Foreign nationals will not be allowed to own land in South Africa and the law will be amended to no longer rely on the willing buyer-willing seller