Synopsis

Publication
May 20, 2025

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.

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In this edition:

Synopsis Tax today - April 2025

Our first article highlights the importance of incorporating revenue recycling mechanisms into tax policies to achieve a just energy transition and shares practical insights on tax policies that encourage companies to fully engage in a just energy transition. It also reflects South Africa’s current tax policies in light of these principles.

In our second article we discuss a significant ruling that could have far-reaching implications for the mining sector, the Supreme Court of Appeal recently delivered a partial victory to Sishen Iron Ore Company (Pty) Ltd in respect of a tax dispute with the Commissioner for the South African Revenue Service. The case centred around the tax deductibility of substantial expenditures incurred during the 2012 to 2014 tax years of assessment. The court's decision addressed expenditure relating to relocation and legal costs, setting precedent for the mining sector.