The judgment of the Supreme Court of Appeal in Commissioner SARS v Bosch (394/2013)  ZASCA 171 (19 November 2014) (Bosch case) dealing with the fiscal consequences of a deferred delivery transaction is not only important in the context of the meaning of simulation, but also with reference to the way in which legislation should be interpreted...
By Emil Brincker 3 Dec 2014 10:16
The long-standing pattern has been that if local financiers buy, foreign investors will be sure to follow. It is therefore imperative for the industry, with both private sector and government players, to create an inviting and enabling environment for investors on home shores...
By JP Landman 20 Nov 2014 12:10
International banks, investment funds and other investors are turning to Africa for infrastructure investment returns that promise to be higher than those in developed markets...
By Frances Okosi 12 Nov 2014 12:38
With the new withholding tax on interest soon coming into operation on 1 March 2015, preparations by affected parties for the tax should be well under way.
By Graeme Palmer 7 Nov 2014 07:59
If you're a South African entrepreneur or small business owner looking for financing to start or expand a business, you have probably become accustomed to banks and venture capital firms slamming the door in your face.
By Steven Cohen 31 Oct 2014 08:38
The scientific notion of flight, fight or freeze describes responses triggered by the perception that we are under physical or mental threat. This concept has percolated the legal fraternity over the years and it recently shared the spotlight with advocate Barry Roux and Gerrie Nel in the Oscar Pistorius trial.
By Keolebogile Mugabe 16 Oct 2014 11:23
Interest deduction limitation provisions have been enacted in terms of s23N of the Income Tax Act, No 58 of 1962, which apply to so called 'reorganisation and acquisition transactions'.
By Andrew Lewis 26 Sep 2014 08:56
The South African Revenue Service (SARS) was recently called upon to make a ruling on the income tax consequences for the lessor, lessee and the sub-lessee of land, arising from an obligation on the sub-lessee to effect improvements on the land under a sub-lease in circumstances where no express obligation for improvements was placed on the lessee by the main lease.
By Graeme Palmer 17 Sep 2014 07:54
New investor incentives and benefits from the Special Economic Zone (SEZ) Act 2014 in South Africa will attract further domestic and foreign direct investment to South African industrial and special economic zones.
By Chris Mashigo 8 Sep 2014 11:29
The draft 2014 Taxation Laws Amendment Bill (TLAB) brings with it some important proposed changes to the formula that employers use to calculate the fringe benefit value of their contributions to employees' defined benefit funds.
By Rob Cooper 8 Sep 2014 10:44
The best way to secure financial freedom is to devise, implement and manage a sound, tailor-made strategy with an independent financial adviser (IFA). But choosing the right IFA, a professional who will manage your money and help you meet your long-term objectives, is not always easy.
By Greg Stockton 5 Sep 2014 09:17
The purpose of this article is to discuss aspects of the relationship between the provisions of the Companies Act, No 71 of 2008 and the Income Tax Act, No 58 of 1962 (ITA) in relation to statutory mergers.
By Justine Krige 29 Jul 2014 07:28
Vietnam offers a compelling investment opportunity for the next decade. Home to 92 million people, the Vietnam population boasts a 97% literacy rate.
By James Gilfillan 18 Jul 2014 12:24
In the interest of ensuring that the integrity of board decisions are not compromised by directors' personal financial interests, section 75 of the Companies Act 71 of 2008, has introduced some significant changes to the provisions of its predecessor, the Companies Act 61 of 1973 (the old Companies Act).
By Nozipho Bhengu 18 Jul 2014 09:57
Mobile money has fast-tracked socio-economic development in emerging markets and, promoted freedom of choice and enterprise development, but how long before regulations throttle financial inclusion?
By Desere Orrill 17 Jul 2014 10:24
In liquidation the position of secured creditors is clear; their security is protected in liquidation, their secured asset is realised for their benefit - only the surplus after their claim is paid falls into the remainder of the estate for the benefit of other creditors, and they have voting power by value only to the extent that their claim is not covered by their security.
By Richard Marcus 11 Jul 2014 14:17