Tag: Organisation for Economic Cooperation and development (OECD)
South Africa must avoid formalising xenophobia in law and policy
The Department of Home Affairs recently issued a directive terminating the Zimbabwean Exemption Permit. The permit was introduced in 2009, allowing holders to apply for an alternative visa or face deportation after a year.
The basic income grant (BIG) – an analysis
The proposal for a universal basic income grant (BIG) has been on the table for almost 20 years. It was first recommended by the Committee of Inquiry (Taylor Committee) into a Comprehensive System of Social Security for South Africa in 2002, after a number of civil society organisations had petitioned for it on account of persistent poverty and structural inequality.
Can we create a water-secure South Africa?
South Africa's high water yield areas concentrate mostly along the Drakensberg as it moves south past the western border of Mozambique, through Kwazulu-Natal and thins out before it reaches the Eastern Cape. Then there is a smattering of additional areas along the mountains of the Western Cape. The rest has practically no such zones.
COVID-19 tax relief – VAT
Following announcement of the actions taken by government to combat the COVID-19 crisis, many South Africans may be aware of the proposed tax measures that are effective from 1 April 2020.
Coronavirus investment note: uncertainty deepens
There is a distinct lack of good news at the moment, and certainty is in short supply. The coronavirus is spreading rapidly in Europe, the Middle East and North America, and we have to assume it will continue spreading at a rapid rate.
Improving female participation in the work force can generate economic gains
Improving female participation in work across the OECD could boost total GDP by US$6 trillion, according to a new report released by PwC. Analysing the representation and welfare of women in the world of work across 33 OECD countries, PwC’s latest Women in Work Index also finds that the OECD could gain US$2 trillion by closing the gender pay gap.
2018 Budget Comments – International Tax
South Africa has specific anti-tax avoidance legislation aimed at South African owned foreign companies. This so-called controlled foreign company tax legislation in essence aim to tax the notional taxable income of a foreign company in the hands of its South African shareholders.
