Africa

PLEASE NOTE- There are extensive rights that are available to you at the commencement of an audit. They are contained in the Tax AdministrationTax authorities are fundamental institutions within government frameworks, overseeing tax assessmentA tax assessment is a formal determination made by a tax authority to calculate the amount of tax an individual or entity owes. It is a comprehensive evaluation based on financial records, declared income, expenses, deductions, and any applicable tax laws or regulations. Tax assessments may arise from routine self-assessments by taxpayers, or they may be conducted by revenue authorities... More, collection, and administration. Their operations ensure that tax lawsTax 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 are enforced and public funds are collected efficiently. This article delves into […]

S.Africa: United Kingdom: Major Victory for VWFS in Partial Exemption VAT Case Posted on August 25, 2015. This UK VAT judgment will impact VAT apportionment cases in South Africa: United Kingdom: Major Victory for VWFS in Partial Exemption Case A recent significant decision concerns the victory of Volkswagen Financial Services (U.K.) Ltd (“VWFS”) in the

Its time to gear up on 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 – please take a look at this Adv Dip in TP – http://www.iiribcfinance.com/event/Advanced-Diploma-in-Transfer-Pricing You graduate from the Thomas Jefferson School of Law, San Diego, CA after a year.

South Africa: Africa Tax In Brief (July 2015) Last Updated: 29 July 2015 Article by Celia Becker ENSafrica Most Read Contributor in South Africa, July 2015 ANGOLA: Special Contribution Regime for Foreign Technical Assistance and Management Services A Special Contribution Regime for Foreign Technical Assistance and Management Services was introduced through Presidential Legislative Decree number