Africa Archives - Page 2 of 32 - Academy of Tax Law

Announcement: Online Transfer Pricing Conference Focused on Africa

Africa, FP News, International, International Tax, Transfer Pricing / Dr Daniel N Erasmus

The Academy of Tax LawTax laws form the backbone of any nation’s revenue system, setting the rules that govern how individuals and corporations contribute financially to support government functions. These laws define the types of taxes, the applicable rates, and the regulations regarding payment and compliance. They also outline the rights and obligations of taxpayers, ensuring a balanced and fair approach to funding public... More is excited to announce an online Transfer PricingTransfer pricing is a fundamental concept in international taxation that defines the pricing methods and rules applied to transactions between related entities within a multinational enterprise (MNE). In the context of tax regulations, it governs how prices for goods, services, or intangibles (such as intellectual property) are set when these items are exchanged between different branches, subsidiaries, or affiliates of... More Conference specifically emphasising Africa. This event will take place in November 2024 and will delve into global transfer pricingTransfer pricing is a fundamental concept in international taxation that defines the pricing methods and rules applied to transactions between related entities within a multinational enterprise (MNE). In the context of tax regulations, it governs how prices for goods, services, or intangibles (such as intellectual property) are set when these items are exchanged between different branches, subsidiaries, or affiliates of... More issues.

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Avago Technologies Trading Ltd v/s Director General, MRA Judgment

Dispute Resolution, Mauritius, Tax Dispute Resolution, TP Case Summaries, Transfer Pricing, Transfer Pricing Methods / Dr Daniel N Erasmus

The Assessment Review Committee (ARC) ruled in favor of the Mauritius Revenue AuthorityTax authorities are fundamental institutions within government frameworks, overseeing tax assessment, collection, and administration. Their operations ensure that tax laws are enforced and public funds are collected efficiently. This article delves into tax authorities' purpose, responsibilities, and structure, offering insights into their essential role in supporting government functions and economic stability. What is a Tax Authority? A tax authority is... More (MRA) in the case of Avago Technologies Trading Ltd (ATTL) v/s Director General of the MRA.

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TRANSFER PRICING: INTEREST ON SHAREHOLDER LOANS AND RELATED MATTERS

Africa, International, International Tax, Transfer Pricing / Dr Daniel N Erasmus

In this short video, Renier van Rensburg highlights the complexities of transfer pricingTransfer pricing is a fundamental concept in international taxation that defines the pricing methods and rules applied to transactions between related entities within a multinational enterprise (MNE). In the context of tax regulations, it governs how prices for goods, services, or intangibles (such as intellectual property) are set when these items are exchanged between different branches, subsidiaries, or affiliates of... More interest on shareholder loans and related matters.

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WEBINAR: International Tax Planning & Structure Execution

Africa, International, International Tax, South Africa / Dr Daniel N Erasmus

Don’t miss our International Tax PlanningTax planning is the process of organising and structuring one’s financial affairs in a manner that legally minimises tax liabilities while ensuring compliance with relevant tax laws. The primary objective of tax planning is to reduce the amount of taxes paid, optimise the use of available tax benefits, and preserve wealth. It can be applied at various levels, including personal... More & Structure Execution event designed to boost your collaboration skills.

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Tax Dispute Resolutions: A Case Study on Tresping Manufacturing vs. SARS

Dispute Resolution, South Africa, Tax Dispute Resolution / Dr Daniel N Erasmus

Explore the critical insights from the Tresping Manufacturing vs. SARS case on navigating tax disputesTax Disputes arise when there is a disagreement between taxpayers and tax authorities regarding the interpretation or application of tax laws. These disputes may concern various issues such as the accuracy of a tax return, the eligibility for tax deductions or credits, the correct amount of tax liability, or transfer pricing adjustments. Tax disputes can lead to lengthy legal proceedings... More and compliance with customs regulations.

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Landmark Transfer Pricing Case from South Africa

International, International Tax, South Africa, Tax Dispute Resolution, Transfer Pricing / Dr Daniel N Erasmus

TRM Tax Attorneys secures landmark victory in South Africa’s first transfer pricingTransfer pricing is a fundamental concept in international taxation that defines the pricing methods and rules applied to transactions between related entities within a multinational enterprise (MNE). In the context of tax regulations, it governs how prices for goods, services, or intangibles (such as intellectual property) are set when these items are exchanged between different branches, subsidiaries, or affiliates of... More case, demonstrating expertise in resolving complex tax disputesTax Disputes arise when there is a disagreement between taxpayers and tax authorities regarding the interpretation or application of tax laws. These disputes may concern various issues such as the accuracy of a tax return, the eligibility for tax deductions or credits, the correct amount of tax liability, or transfer pricing adjustments. Tax disputes can lead to lengthy legal proceedings... More. Learn how Prof Dr Daniel N Erasmus and his team can assist you.

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South Africa’s First Transfer Pricing Case

International, International Tax, South Africa, Tax Dispute Resolution, Transfer Pricing / Dr Daniel N Erasmus

Explore how TRM’s expertise in transfer pricingTransfer pricing is a fundamental concept in international taxation that defines the pricing methods and rules applied to transactions between related entities within a multinational enterprise (MNE). In the context of tax regulations, it governs how prices for goods, services, or intangibles (such as intellectual property) are set when these items are exchanged between different branches, subsidiaries, or affiliates of... More challenges in South Africa helped ABD Limited win against SARSThe South African Revenue Service (SARS) is the official tax authority responsible for the administration and enforcement of tax laws in South Africa. It plays a crucial role in managing the country’s fiscal policy by collecting revenue, administering customs, and ensuring compliance with tax legislation. Established under the South African Revenue Service Act, No. 34 of 1997, SARS functions independently... More, offering insights for multinationals.

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South Africa’s first Transfer Pricing case, and it’s a win for the taxpayer!

International, South Africa, Tax Dispute Resolution, Transfer Pricing / Dr Daniel N Erasmus

Can we hear a “woohoo”!? Yes, you read right, South Africa has finally had its first TP case and whaddaya know, the taxpayer won!

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ABD Limited vs. SARS Transfer Pricing Dispute Judgment

Africa, International, South Africa, Tax Dispute Resolution, Transfer Pricing / Dr Daniel N Erasmus

Explore the critical analysis of the transfer pricing dispute judgment between ABD Limited and SARS, focusing on IP royalties and tax implications.

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The Journey of a Single Data Point: Cross-Process TP Automation in Workiva

Africa, Europe, International, International Tax, Transfer Pricing / Dr Daniel N Erasmus

As Tax/TP practitioners, we are always looking to build synergies across processes, harmonizing our calculation and reporting flows. Aiming to create a “Single Source of Truth” solution for all our Tax/TP needs. We all feel and understand the pressure we are under to comply with the ever-increasing tax reporting burden. Fragmented, over-engineered, do we need to say more!

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