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Stories that are tagged 'Africa'




South African Budget Lines Up Tax Hikes

by Lorys Charalambous, Tax-News.com, Cyprus

Last updated 40 hours ago | Friday, February 24, 2017

South Africa's 2017-18 Budget, announced by Minister of Finance Pravin Gordhan on February 22, has had to resort to tax hikes, particularly on the wealthy, in order to stabilize the country's fiscal position. Read Full Story

 

South Africa Consults On Diesel Fuel Tax Refund Overhaul

Lorys Charalambous, Tax-News.com, Cyprus

Thursday, February 16, 2017

The South African National Treasury has issued a discussion paper on a new diesel tax refund system, reviewing its administration and addressing anomalies related to its qualifying activities and beneficiaries. Read Full Story

 

SARS Rules On Non-Executive Directors' Fees

Wednesday, February 15, 2017

The South African Revenue Service has confirmed that resident non-executive directors of companies should register for and charge value-added tax in respect of any fees earned for their services. Read Full Story

 

Botswana's Budget Seeks To Broaden Tax Base

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, February 14, 2017

Botswana's Budget for the 2017/18 fiscal year looks to reduce the country's dependency on revenues from diamonds. Read Full Story

 

SARS Issues Revised Capital Gains Tax Guides

by Lorys Charalambous, Tax-News.com, Cyprus

Monday, February 13, 2017

The South African Revenue Service has issued revised capital gains tax guides that provide a basic introduction to the tax for companies and individuals for the 2017 year of assessment, which covers the period from March 1, 2016, to February 28, 2017. Read Full Story

 

SARS Rules On Funding Of Trade Associations

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, February 9, 2017

The South African Revenue Service has issued a binding general ruling that provides clarity on the interpretation and application of the Income Tax Act's funding requirement for tax-exempt membership-based organizations. Read Full Story

 

SARS Modifies Ruling On Taxes Applicable To DTAs

by Lorys Charalambous, Tax-News.com, Cyprus

Monday, February 6, 2017

The South African Revenue Service has issued a revised binding general ruling that identifies the taxes administered by the agency that constitute taxes on income for the purposes of South Africa's double taxation agreements. Read Full Story

 

SARS Issues PBO Tax Exemption Guide

by Lorys Charalambous, Tax-News.com, Cyprus

Monday, January 30, 2017

The South African Revenue Service has issued a tax exemption guide on the income tax exemption for a public benefit organization carrying on a public benefit activity. Read Full Story

 

EU Provides Update On Ongoing Free Trade Talks

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, January 26, 2017

The European Parliament has provided an update on the trade agreements under negotiation by the EU. Read Full Story

 

SARS Issues Revised VAT Guide For Vendors

by Lorys Charalambous, Tax-News.com, Cyprus

Wednesday, January 25, 2017

On January 24, the South African Revenue Service published a revised tax guide on the application of value-added tax by vendors in South Africa. Read Full Story

 

 

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