Synopsis Tax today - March 2019
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.