Tag: Bronwin Richards
VAT foreign subsidiary anomaly
National Treasury is set to address a critical anomaly in the Value-Added Tax Act, No. 89 of 1991 (VAT Act). This anomaly has significant implications for multinational companies with foreign subsidiaries.
Constitutional Court judgment on economic substance
To the relief of Coronation Investment Management SA (Coronation), the Constitutional Court has overturned the Supreme Court of Appeal’s (SCA) judgment in favour of the South African Revenue Service (SARS).
SARS Commissioner vs tax practitioners – do your due diligence
During the April 2024 SARS Revenue Results Announcement Media Conference, the South African Revenue Service (SARS) Commissioner brought to light concerning observations regarding non-compliance and delinquent behaviour by tax practitioners.
