Tag: Common Monetary Area
Relaxation of loop structures – but at what tax cost?
The envisaged future relaxation of the prohibition on 'loop structures' will be accompanied by amended tax laws, but current proposals are likely to result in more tax on certain structures. National Treasury has proposed a number of amendments to tax legislation as a result of the potential future relaxation of the SA Reserve Bank's current prohibition on so-called 'loop structures'.
Travel allowances – what you can and can’t do
It is common for travellers to buy foreign currency from an Authorised Dealer (AD), such as a bank or authorised dealer in foreign exchange,...
