Australia, South Africa - July 6 2018
System of taxation followed in Australia The primary test of tax residency is called the “resides test”, referred to below as the Ordinary Concepts…
South Africa - May 25 2018
As indicated in our Tax and Exchange Control Alert published on 13 April 2018, the Davis Tax Committee (DTC) released a media statement on 12 April…
Canada, South Africa - April 20 2018
Was this move expected by SARS? Since the growing popularity of cryptocurrencies in South Africa and following the absence of legislation relating to…
South Africa - February 22 2018
With effect from 1 March 2018, the rate of estate duty will be increased from 20% to 25% for estates with a value exceeding R30 million. More…
South Africa - February 22 2018
The “official rate of interest” is the present repurchase rate plus 100 basis points (7.75%) and is used to quantify the fringe benefit of low…