Other Briefs
South Africa: Disposal of “land-rich” shares by non-residents and capital gains tax
12th June 2024 A decision by the Zurich Tax Appeals Court in Switzerland on the capital gains tax consequences in respect of the disposal of "land-rich" shares... →
Additional Public Holiday on 17 June 2024
10th June 2024 This year 16 June (Youth Day) falls on a Sunday. Therefore Monday, 17 June, is also a public holiday. So, what must employees be paid? The Court... →
Trust Check: Is Your Trust Compliant With SARS? Here is What You Need to Know.
10th June 2024 On 4th June 2024, The South African Revenue Service (SARS) announced the 2024 income tax return filing dates for individual and trust taxpayers.... →
Five Things to Know Before You Withdraw Your Savings Under the New Two-Pot System
7th June 2024 While experts continue to debate the merits of the two-pot system it has been almost a week since it has been signed into law. The reality is that... →
A Million-Rand Worth of Reasons to Avoid a Contempt of Court Order
6th June 2024 The act of contempt may manifest itself in various forms by parties during the processes of the CCMA and Bargaining Councils. However, contempt is... →
Baker McKenzie’s Africa-focused Banking & Finance team continues its winning streak
6th June 2024 A team from Baker McKenzie, led by London-based Banking & Finance Partner Luka Lightfoot, advised on two transport infrastructure transactions that... →
Criminality of Non-Compliance: SARS Issuing Criminal Summons Against Company Directors for Unfiled Tax Returns
6th June 2024 SARS has intensified its efforts to enforce tax compliance by issuing criminal summons against directors of companies who have failed to submit... →
Tech Takeover: SARS’ Modernisation Programme is Transforming Tax Compliance and Surveillance
5th June 2024 In an era where technology governs nearly every aspect of our lives, SARS has embraced cutting-edge advancements to revolutionize tax compliance... →