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South African Revenue Service has issued a Binding General Ruling clarifying the application of the no-value provision in relation to employer-provided transport. Read Full Story
South Africa's Tax Ombud is to investigate the tax agency's processing of tax refunds. Read Full Story
The South African Revenue Service has requested that Judge Dennis Davis be terminated as chair of the influential Davis Tax Committee. Read Full Story
The Minerals Council of Australia has published a report it says confirms that the country's high company tax rate is damaging mining firms' ability to compete internationally for capital investment. Read Full Story
The South African National Treasury has published final amendments to the overall regulations covering tax-free savings accounts for the year beginning March 1, 2017. Read Full Story
The South African Revenue Service has disclosed that it has committed to the automatic exchange of tax information by September 2017 with the tax authorities of over 50 other jurisdictions under the OECD's Common Reporting Standard. Read Full Story
The South African Revenue Service has issued an interpretation note on the deduction provided for energy-efficiency savings in Section 12L of the Income Tax Act. Read Full Story
The South African National Treasury has issued a list of questions and answers on the changes to the proposed tax on sugar-sweetened beverages that were introduced in the recently announced 2017-18 Budget. Read Full Story
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
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
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