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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.
Synopsis Tax today - April 2026
This edition considers the OECD’s 2025 Updated Commentary to the Model Tax Convention, including new guidance on Article 5 and the creation of permanent establishments when working from a home office or other relevant place.
We also analyse a recent landmark High Court judgment. The central issue in this case was whether the Minister of Finance’s power under section 7(4) of the VAT Act, to unilaterally adjust the VAT rate, complied with the principle of separation of powers and Parliament’s exclusive authority to impose taxes.
Lastly, we explore how a tax‑savvy employee value proposition can unlock talent potential by enhancing employee value through tax‑efficient benefit structuring.