Tag | Secondary Tax on Companies
13 February 2013
With only weeks until South Africa’s 2013/2014 budget is tabled in parliament, this edition of e-taxline clarifies two changes introduced by Finance Minister, Pravin Gordhan, [Read More]
Tags: 2013, Bruce Russell, Budget 2013, dividends tax, Douglas Gaul, e-taxline, Finance, Hawa Bibi Hoosen, Retirement, Secondary Tax on Companies, Tarryn Spearman, transfer pricing
22 May 2012
Basis of taxation South African residents are taxed on their worldwide income. Non-South African residents are taxed on their South African sourced income. A company [Read More]
Tags: 2012, Capital gains tax, dividends tax, Establishing a presence in South Africa, Expatriates, Exports, foreign exchange, Foreign investments, Immigrants, Incentives, interest, PAYE, Royalties, SARS, Secondary Tax on Companies, Tax, transfer pricing manipulations, VAT, withholding tax
22 March 2012
With the introduction of the new Dividends Tax (DT), which is effective from 1 April 2012, companies should be aware of the underlying compliance requirements [Read More]
Tags: 2012, Budget analysis, Budget2012, Christel du Preez, Contributed Tax Capital, dividends tax, Double tax agreement, e-taxline, SARS, Secondary Tax on Companies
5 March 2012
The announcement in the Minster of Finance’s Budget Speech on 22 February 2012 that Dividends Tax (DT) would be introduced at a rate of 15% [Read More]
Tags: 2012, barry Visser, Budget analysis, Budget speech, Budget2012, dividends tax, e-taxline, Income Tax Act, IT56 forms, JSE, SARS, Secondary Tax on Companies
24 February 2012
This article first appeared in Business Report on 23 February 2012 By Hylton Cameron, executive tax manager, Grant Thornton Johannesburg We all knew that paying [Read More]
Tags: 2012, Budget analysis, Budget speech, Budget2012, Capital gains tax, Carbon Emissions Tax, Commentary, Companies Act, e-taxline, Estate duty, fringe benefits, Income Tax Act, National Health Insurance, NHI, Residential tax, SARS, Secondary Tax on Companies, Toll fees, Transfer duty, VAT
22 February 2012
Overall Budget 2012 / 2013 comments “Trusts continue to be hammered in respect of Capital Gains Tax which does not bode well for wealth creation.” [Read More]
Tags: 2012, Budget analysis, Budget speech, Budget2012, Capital gains tax, Commentary, e-taxline, Income Tax Act, National Health Insurance, NHI, SARS, Secondary Tax on Companies, Skills development levy, VAT
25 January 2012
The introduction of the new dividends tax (DWT), coming into effect from 1 April this year, will require that dividend tax is paid to SARS [Read More]
Tags: 2012, dividends tax, e-taxline, Income Tax Act, IT56 forms, JSE, SARS, Secondary Tax on Companies, Tasneem Gangat, Video
9 November 2010
The Taxation Laws Amendment Act of 2010 has removed the Secondary Tax on Companies (STC) liquidation exemption with effect from 1 January 2011, which leaves [Read More]
Tags: 2010, dividends tax, Douglas Gaul, e-taxline, Income Tax Act, Secondary Tax on Companies, Taxation Laws Amendment Act
30 June 2010
As part of the Dividends Tax reform process a new tax, to be known as Value Extraction Tax (“VET”) will come into effect. The VET [Read More]
Tags: 2010, dividends tax, Secondary Tax on Companies, Value Extraction Tax (VET)
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