Tag: tax disclosure
The downfall of crafty taxpayers who hide income and rely on...
All taxpayers should arrange their tax affairs to obtain the best advantage and to pay the least amount of tax. This is a right every taxpayer possesses, and well entrenched in South African and international tax law. However, this planning must be done within the constraints of what the law allows.
Accessing multiple avenues of value from transparent tax reporting
Until now, reporting non-financial information on tax has largely been voluntary, but many guidelines do exist and companies that are taking the lead are doing so by providing disclosure and explanatory narratives far beyond the statutory requirements.
