The tax avoidance superhighway
There is not so much of a fine line between tax evasion and tax planning as there is a giant grey superhighway dissecting the two named ‘tax avoidance’.
Tax avoidance
Is your ‘offshore investment’ truly offshore?
Much has been written and said about diversifying one’s investment portfolio. One of those options is investing offshore to access international assets and as a hedge against rand-denominated and South African political risk.
#Budget2018: Curbing tax avoidance and clamping down on corporate covenants
The 2018 Budget Speech confirmed South Africa’s commitment to ending tax avoidance and its impact on economies and societies worldwide.
Nearly 2000 South Africans identified in #PanamaPapers leak – Sars
Altogether 1,917 cases involving South African residents have been identified in the Panama Papers scandal, according to the South African Revenue Service.
Awful Budget 2017 wasn’t all bad – hello tax free education
Matthew Lester explained at a BDO-sponsored post-Budget presentation that hidden in the Budget’s small print is a facility for businesses to give bursaries of up to R60 000 for university students and R20 000 for school.
Country-by-Country reporting – Compliance clock is running out
SARS will use the County-by-Country Report to identify high-level transfer pricing risks and other BEPS related risks in South Africa.
In Full: SA Finance Minister Pravin Gordhan’s 2017 Budget Speech
Here in Pravin Gordhan’s own words, is the outline of South Africa’s national spending and revenue for the fiscal year ahead.
Executive summary of SA’s 2017 National Budget Speech
After a R30bn shortfall in last year’s expected tax receipts, a total swing of R38bn is budgeted in this year’s National Budget.
South African Platinum Firms Deny ‘Inflammatory’ Tax Evasion Claim
CAPE TOWN/JOHANNESBURG (Reuters) – South Africa’s leading platinum producers dismissed claims of tax evasion made by a union negotiator, with Anglo American Platinum, the biggest of the three, threatening legal action if they continued. Association of Mineworkers and Construction Union (AMCU) negotiator Brian Ashley made the allegations against Amplats, Impala Platinum and Lonmin as a strike by around 70,000 AMCU workers … Read more