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Results: 1-10 of 14

Taxpayer loses VAT case

  • DLA Cliffe Dekker Hofmeyr
  • -
  • South Africa
  • -
  • March 12 2010

In the case of TCT Leisure (Pty) Ltd v CSARS 2010 ZASCA (delivered 12 March 2010), the court had to deal with the question of whether the supply of preference shares together with certain occupation rights was an exempt supply in terms of the Vat Act

Modest salary, significant loans

  • DLA Cliffe Dekker Hofmeyr
  • -
  • South Africa
  • -
  • October 22 2010

In a recent New Zealand High Court judgment, Krukziener v CIR 2010 NZHC 1714 (17 September 2010), the court held that an arrangement whereby a property developer and investor drew a modest salary but had significant loans accounts with the trusts and companies forming part of the group constituted tax avoidance, at least in the sense of deferring the tax obligation

Commercial property: don’t max your tax

  • DLA Cliffe Dekker Hofmeyr
  • -
  • South Africa
  • -
  • August 13 2010

It appears as if people are now again starting to invest with confidence in commercial immovable property

Tax relief for transfer of a residential property

  • DLA Cliffe Dekker Hofmeyr
  • -
  • South Africa
  • -
  • July 10 2010

Taxpayers will have until 30 September 2010 to transfer a primary residence from a company or trust under current rules without having to liquidate, wind up or deregister the company or trust in terms of proposed new income tax rules

The abolishment of stamp duty - the effects on early termination of leases of immovable property

  • DLA Cliffe Dekker Hofmeyr
  • -
  • South Africa
  • -
  • January 29 2010

The Stamp Duties Act 77 of 1968 (the Act) was abolished with effect 1 April 2009, in an effort to simplify the tax system

Significant implications for variable loan stock companies

  • DLA Cliffe Dekker Hofmeyr
  • -
  • South Africa
  • -
  • June 13 2011

Whether it is intended or not, is not clear, but the Draft Taxation Laws Amendment Bill, 2011 (the Draft Bill) has proposed certain amendments to the Income Tax Act No

Rental of residential property by developers - temporary relief

  • DLA Cliffe Dekker Hofmeyr
  • -
  • South Africa
  • -
  • June 10 2011

One of the interesting proposed insertions in the Value-Added Tax Act 89 of 1991 relates to a new section 18B, which provides temporary relief when there is a change in use of residential property in the hands of a developer

Tax-free transfer of residential property

  • DLA Cliffe Dekker Hofmeyr
  • -
  • South Africa
  • -
  • June 24 2011

If you own residential immovable property through a trust, company or close corporation (CC) you should really think about transferring the property into your own name

Tax relief for transfer of a residential property

  • DLA Cliffe Dekker Hofmeyr
  • -
  • South Africa
  • -
  • November 22 2011

Is your house in a company, close corporation (CC) or trust?

The introduction of REITs

  • DLA Cliffe Dekker Hofmeyr
  • -
  • South Africa
  • -
  • July 13 2012

One of the welcomed aspects that is dealt with in the latest draft of the Taxation Laws Amendment Bill, 2012 (Bill) is the introduction of the long-awaited Real Estate Investment Trusts (REITs