Africa
But the firm said that ‘difficult market conditions’ led to a slowdown in Asia Pacific; in other news, OECD begins Thailand accession process
Nigeria is pondering the adoption of pillar two despite rejecting it in the past, local experts also suggest
The UK tax agency dished out £153 million in VAT penalties last year; in other news, Bird & Bird and Pérez-Llorca have made strategic tax hires
Meanwhile, African revenue authorities expect their next taxable income to come from TP and from a larger share of the global tax bill, one expert tells ITR
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Sponsored by Webber WentzelProposed changes to the Income Tax Act, contained in the 2018 draft Taxation Laws Amendment Bill (DTLAB), were released for comment on July 16 2018. This update focuses on certain international tax-related proposals. -
Sponsored by Webber WentzelThe use of real estate investment trusts (REITs) is becoming increasingly popular in South Africa. However, care needs to be taken where a South African REIT holds various foreign property owning subsidiaries either directly or through a non-South African intermediary holding company (IHC).
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Sponsored by Webber WentzelThe Minister of Finance presented the 2018 budget speech on February 21. The supporting documentation noted some potential amendments to the South African Income Tax Act which are of interest in a cross-border context.
