A monthly journal, published by PwC South Africa, that gives informed commentary on current developments in the tax arena, both locally and internationally.
Through analysis of and comment on new laws and judicial decisions of interest, Synopsis helps executives to identify developments and trends in tax law and revenue practice that may affect their business.
In this edition:
We discuss a Tax Court decision which considers the application of the section 24C allowance in the context of loyalty programmes, as well as a Supreme Court of Appeal decision which considers the definition of "mining" and "mining operations" in section 1 of the Income Tax Act. We also publish the 3rd article in the Tax Director Series.
We discuss a Tax Court decision which considers the application of the section 24C allowance in the context of loyalty programmes, as well as a Supreme Court of Appeal decision which considers the definition of "mining" and "mining operations" in section 1 of the Income Tax Act. We also publish the 3rd article in the Tax Director Series.
This synopsis examines the implications of the decision of the Dutch Supreme Court on the "most favoured nation " clause in the treaty between South Africa and the Netherlands. Locally, we look at a case where the SCA pronounces on the powers of the Tax Court in regard to the imposition of penalties.
The section 24C future expenditure allowance and the contractual link. Do services provided at the expense of an employer equate to a taxable fringe benefit? Article 1 in our new Tax Director series: Align tax with the business strategy.
It has been some time since the panel of justices in the Supreme Court of Appeal (‘SCA’) has expressed anything other than unanimity in the adjudication of taxation-related appeals.
The SA Income Tax Act, is just that: a single Act of Parliament that has been regularly amended (by more than 100 amending Acts of Parliament and Government Notices) since 1962.
Over the past two years, we have discussed the valuation of trading stock for purposes of the Income Tax Act and the decisions reached in the Tax Court on this issue.
South Africa is a relatively small player on the world economic stage, and there are sound reasons why it is in the national interest to learn from, and to remain in step with, the country’s more powerful trading partners and major economic powers .
A monthly journal, published by PwC South Africa, that gives informed commentary on current developments in the tax arena, both locally and internationally.
Through analysis of and comment on new laws and judicial decisions of interest, Synopsis helps executives to identify developments and trends in tax law and revenue practice that may affect their business.
A monthly journal, published by PwC South Africa, that gives informed commentary on current developments in the tax arena, both locally and internationally.
