South Africa

June 27, 2017

Peter Maxwell
	Deloitte South Africa Deloitte Place 2 Pencarrow Crescent Pencarrow Park La Lucia Ridge Office Estate Durban,4051 South Africa Tel: +27 (0) 31 560 7067 Fax: +27 (0) 31 560 7314 Email: pmaxwell@deloitte.co.za Website: www.deloitte.com Peter Maxwell, Deloitte South Africa, joined the firm in January 1982 and later qualified as a chartered accountant in 1988. He was then transferred to the tax division in Deloitte South Africa and was admitted as a partner on June 1 2000. Peter leads the specialised indirect tax (VAT, customs and excise duties) operations team in the KwaZulu-Natal region and advises clients throughout South Africa. He has more than 25 years of tax experience. Peter is Deloitte's automotive tax leader and consults and advises clients on the VAT and customs and excise duty implications of various transactions. He has an in-depth knowledge of the automotive production and development programme and has engaged with original equipment and automotive component suppliers, International Trade Administration Commission, South African Revenue Service, National Treasury, National Association of Automotive Component and Allied Manufacturers and the Independent Regulatory Board for Auditors in connection with the Automotive Production and Development Programme. He has presented a series of workshops around the country on the APDP and published a booklet and various opinion pieces on the APDP. He has assisted clients with opinions, obtained rulings from SARS and ITAC, dealt with queries from the SARS, lobbied for rebates and reductions of duties, taken part in alternate dispute resolution processes with the SARS, performed compliance reviews, identified risks and controls and advised potential investors into South Africa. In addition to his focus on the automotive industry, Peter has advised clients in the public sector, manufacturing, wholesaling, retailing, financial services, educational institutions, clearing and forwarding, and warehousing. He has also presented numerous seminars on VAT, employees' tax and customs related matters and has experience as a VAT subject matter expert in a case before the Income Tax Special Court.

Peter Maxwell

Deloitte South Africa

Deloitte Place

2 Pencarrow Crescent

Pencarrow Park

La Lucia Ridge Office Estate

Durban,4051

South Africa

Tel: +27 (0) 31 560 7067

Fax: +27 (0) 31 560 7314

Email: pmaxwell@deloitte.co.za

Website: www.deloitte.com

Peter Maxwell, Deloitte South Africa, joined the firm in January 1982 and later qualified as a chartered accountant in 1988. He was then transferred to the tax division in Deloitte South Africa and was admitted as a partner on June 1 2000.

Peter leads the specialised indirect tax (VAT, customs and excise duties) operations team in the KwaZulu-Natal region and advises clients throughout South Africa. He has more than 25 years of tax experience.

Peter is Deloitte's automotive tax leader and consults and advises clients on the VAT and customs and excise duty implications of various transactions. He has an in-depth knowledge of the automotive production and development programme and has engaged with original equipment and automotive component suppliers, International Trade Administration Commission, South African Revenue Service, National Treasury, National Association of Automotive Component and Allied Manufacturers and the Independent Regulatory Board for Auditors in connection with the Automotive Production and Development Programme.

He has presented a series of workshops around the country on the APDP and published a booklet and various opinion pieces on the APDP. He has assisted clients with opinions, obtained rulings from SARS and ITAC, dealt with queries from the SARS, lobbied for rebates and reductions of duties, taken part in alternate dispute resolution processes with the SARS, performed compliance reviews, identified risks and controls and advised potential investors into South Africa.

In addition to his focus on the automotive industry, Peter has advised clients in the public sector, manufacturing, wholesaling, retailing, financial services, educational institutions, clearing and forwarding, and warehousing. He has also presented numerous seminars on VAT, employees' tax and customs related matters and has experience as a VAT subject matter expert in a case before the Income Tax Special Court.

Mark Silver
	Deloitte South Africa 1st Floor, The Square Cape Quarter 27 Somerset Road Greenpoint, Western Cape, 8005 South Africa Tel: +27 21 427 5505 Email: masilver@deloitte.co.za Website: www.deloitte.com Mark Silver, Deloitte South Africa, is an associate director and the leader of the Cape Town VAT practice. He holds a B.Com LLB, B.Com (Hons) (Tax), Dip Mar law, and is an attorney of the High Court of South Africa. He is an admitted attorney with more than 25 years of experience in the field of VAT. Mark was extensively involved in the introduction of VAT to South Africa in 1991, has presented numerous seminars and workshops on the topic. He is the editor of the Deloitte publication, The VAT Handbook. Mark consults a wide spectrum of large corporate clients and has considerable experience in the oil and gas industry.

Mark Silver

Deloitte South Africa

1st Floor, The Square Cape Quarter

27 Somerset Road

Greenpoint, Western Cape, 8005

South Africa

Tel: +27 21 427 5505

Email: masilver@deloitte.co.za

Website: www.deloitte.com

Mark Silver, Deloitte South Africa, is an associate director and the leader of the Cape Town VAT practice. He holds a B.Com LLB, B.Com (Hons) (Tax), Dip Mar law, and is an attorney of the High Court of South Africa. He is an admitted attorney with more than 25 years of experience in the field of VAT.

Mark was extensively involved in the introduction of VAT to South Africa in 1991, has presented numerous seminars and workshops on the topic. He is the editor of the Deloitte publication, The VAT Handbook.

Mark consults a wide spectrum of large corporate clients and has considerable experience in the oil and gas industry.

Severus Smuts
	Deloitte South Africa Deloitte Place The Woodlands 20 Woodlands Drive Woodmead, Sandton 2052 South Africa Tel: +27 11 806 5334 Fax: +27 11 806 5304 Email: ssmuts@deloitte.co.za Website: www.deloitte.com Severus Smuts, Deloitte South Africa, has more than 23 years of experience in the field of South African VAT and has advised several of the firm's largest clients on a large number of VAT issues across a range of industries including the automotive, retail, financial, and manufacturing industries. These include: The VAT implications of cross-border transactions; Preparing and updating VAT user manuals for the short-term insurance and automotive industries; Advising financial institutions on various issues including VAT apportionment, direct attribution of expenses, imported services, short-term insurance transactions, asset-based finance transactions, and structured finance transactions; Performing VAT savings and compliance reviews for companies in the retail, TMT, manufacturing, and financial services industries; and Performing in-house and general training on VAT issues on a national basis, on issues such as the latest amendments and specific transactions. Severus also advises clients on the VAT implications of M&A transactions and oversees the due diligence work performed for clients. He holds B.Com (law), and LLB degrees from the University of Johannesburg.

Severus Smuts

Deloitte South Africa

Deloitte Place

The Woodlands

20 Woodlands Drive

Woodmead, Sandton 2052

South Africa

Tel: +27 11 806 5334

Fax: +27 11 806 5304

Email: ssmuts@deloitte.co.za

Website: www.deloitte.com

Severus Smuts, Deloitte South Africa, has more than 23 years of experience in the field of South African VAT and has advised several of the firm's largest clients on a large number of VAT issues across a range of industries including the automotive, retail, financial, and manufacturing industries. These include:

The VAT implications of cross-border transactions;
Preparing and updating VAT user manuals for the short-term insurance and automotive industries;
Advising financial institutions on various issues including VAT apportionment, direct attribution of expenses, imported services, short-term insurance transactions, asset-based finance transactions, and structured finance transactions;
Performing VAT savings and compliance reviews for companies in the retail, TMT, manufacturing, and financial services industries; and
Performing in-house and general training on VAT issues on a national basis, on issues such as the latest amendments and specific transactions.

Severus also advises clients on the VAT implications of M&A transactions and oversees the due diligence work performed for clients. He holds B.Com (law), and LLB degrees from the University of Johannesburg.

Suzanne Van der Merwe
	Deloitte South Africa Deloitte Place The Woodlands 20 Woodlands Drive Woodmead, Sandton 2052 South Africa Tel: +27 11 209 6779 Email: suzvandermerwe@deloitte.co.za Website: www.deloitte.com Suzanne van der Merwe, Deloitte South Africa, is an admitted attorney and joined the firm as a director in 2007. Suzanne joined the Deloitte London office in July 2008, where she did VAT consulting on M&A. In 2009, Suzanne joined the indirect tax team in Zürich, Switzerland. In 2011, she re-joined the Deloitte Johannesburg VAT team as a director. Suzanne has 19 years of experience consulting on indirect tax matters and holds BCOM, LLB and LLM (taxation) degrees. Suzanne advises clients from a range of industries including educational, electronic services, financial, telecommunications, retail, manufacturing, mining, and transportation. She also consulted on VAT for various major public entities, national public entities, national government business enterprises, and public authorities. In this regard, she assisted a major public entity and a public authority to obtain an amendment to the South African VAT Act, in order to achieve favorable VAT treatment of international grant funding. Suzanne is the Deloitte tax business representative for the infrastructure and power and public sector industries.

Suzanne Van der Merwe

Deloitte South Africa

Deloitte Place

The Woodlands

20 Woodlands Drive

Woodmead, Sandton 2052

South Africa

Tel: +27 11 209 6779

Email: suzvandermerwe@deloitte.co.za

Website: www.deloitte.com

Suzanne van der Merwe, Deloitte South Africa, is an admitted attorney and joined the firm as a director in 2007. Suzanne joined the Deloitte London office in July 2008, where she did VAT consulting on M&A. In 2009, Suzanne joined the indirect tax team in Zürich, Switzerland. In 2011, she re-joined the Deloitte Johannesburg VAT team as a director. Suzanne has 19 years of experience consulting on indirect tax matters and holds BCOM, LLB and LLM (taxation) degrees.

Suzanne advises clients from a range of industries including educational, electronic services, financial, telecommunications, retail, manufacturing, mining, and transportation. She also consulted on VAT for various major public entities, national public entities, national government business enterprises, and public authorities. In this regard, she assisted a major public entity and a public authority to obtain an amendment to the South African VAT Act, in order to achieve favorable VAT treatment of international grant funding. Suzanne is the Deloitte tax business representative for the infrastructure and power and public sector industries.

Jaqueline Wierzbowski
	Deloitte South Africa Deloitte Place The Woodlands 20 Woodlands Drive Woodmead, Sandton, 2052 South Africa Tel: +27 11 806 5310 Fax: +27 11 806 5310 Email: jwierzbowski@deloitte.co.za Website: www.deloitte.com Jaqueline Wierzbowski, Deloitte South Africa, has 20 years' experience in the field of South African VAT and is a director in the Johannesburg tax division. She holds a BCom degree from the University of South Africa and an HDip tax from the University of the Witwatersrand. Jacqui spent eight months in the Australian practice, advising and assisting clients with the implementation of GST. She drafted certain chapters and managed the writing of the Australian GST handbook (Butterworth's equivalent). Jacqui provides specialist advice on VAT and manages core client relationships. She liaises with key members of the South African Revenue Service and participates in policy debates at the National Treasury level. Jacqui manages a specialised team which focuses solely on providing VAT services to the public sector and consults across a broad range of industries, including financial services, automotive, manufacturing, and telecommunications. Jacqui also provides clients with a coordinated approach and plays a facilitation and qualitative role for clients expanding into Africa. This is primarily done using the Deloitte network in Africa. Jacqui's main ongoing clients include local municipalities, banks and large multinational companies.

Jaqueline Wierzbowski

Deloitte South Africa

Deloitte Place

The Woodlands

20 Woodlands Drive

Woodmead, Sandton, 2052

South Africa

Tel: +27 11 806 5310

Fax: +27 11 806 5310

Email: jwierzbowski@deloitte.co.za

Website: www.deloitte.com

Jaqueline Wierzbowski, Deloitte South Africa, has 20 years' experience in the field of South African VAT and is a director in the Johannesburg tax division. She holds a BCom degree from the University of South Africa and an HDip tax from the University of the Witwatersrand.

Jacqui spent eight months in the Australian practice, advising and assisting clients with the implementation of GST. She drafted certain chapters and managed the writing of the Australian GST handbook (Butterworth's equivalent).

Jacqui provides specialist advice on VAT and manages core client relationships. She liaises with key members of the South African Revenue Service and participates in policy debates at the National Treasury level.

Jacqui manages a specialised team which focuses solely on providing VAT services to the public sector and consults across a broad range of industries, including financial services, automotive, manufacturing, and telecommunications. Jacqui also provides clients with a coordinated approach and plays a facilitation and qualitative role for clients expanding into Africa. This is primarily done using the Deloitte network in Africa.

Jacqui's main ongoing clients include local municipalities, banks and large multinational companies.