Tag: cross-border taxation

The fourth edition of our report on cross-border tax in Africa explores shifting trends in transfer pricing (TP) – many related to broader taxation themes – and considers what these may mean for multinational entities (MNEs) and revenue authorities.

The Multilateral Instrument (MLI), or to give it its full name, the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (BEPS), is a multilateral treaty (agreement) developed by the Organisation for Economic Co-operation and Development (OECD), with the support of the G20, to update the international tax rules through the implementation of a series of tax treaty measures without the need for countries to separately renegotiate each of their existing tax treaties.

South African residents who work for international companies inside South Africa need to be sure they have a clear understanding of their tax situation or risk losing out. A growing number of South Africans are electing to work abroad, but there is also a substantial group that is working here for foreign companies.

The hotly debated amendment to Section 10(1)(o)(ii) or 'Expatriate Exemption' took effect from 1 March 2020, with the questions on many expatriates’ minds often being 'how will SARS find me? What does the SARS audit of an expatriate look like and what questions should I expect?'