Tag: foundations
Controlled Foreign Companies | proposed amendments
South Africa's tax legislation contains controlled foreign company (CFC) rules which aim to prevent South African taxpayers from locating companies in low tax jurisdictions in an effort to avoid paying South African tax.
Double tax danger for foreign companies held by foreign trusts or...
The much-anticipated Draft Taxation Laws Amendment Bill came out on 19 July 2017.
From an international tax perspective, issues of interest include the proposed changes and additions to the Controlled Foreign Company (CFC) rules. Of concern is the possibility that double tax might be payable in certain cases.
