Has your trust considered its residency?
Are you establishing an entity outside the borders of South Africa? Read more about tax consequences.
AJM unpacks Covid-19 tax relief measures in Business Day
How tax relief can cushion pain of COVID-19 – Written by Juanita van der Merwe in Business day.
Tax Feature: SARS Under pressure to collect taxes
For those who missed it, please click here to listen to AJM founder and director Dr. Albertus Marais explaining how SARS has to act as both proverbial shepherd and butcher in providing relief for COVID-19, while still aggressively targeting tax collection.
Drafting of share buyback agreements – Important considerations
In this article, we have a high-level look at some of the important aspects that must be kept in mind when drafting a Share Buyback agreement.
A Share buyback transaction can go hand in hand with another transaction, for example, a Subscription of Share Agreement. The purpose of this note is to discuss Share Buyback transactions in general and not with reference to a specific set of facts.
Drafting of sale of share agreements – Important considerations
This article first appeared on GoLegal, co-authored by De Wet…
COVID-19 second phase economic response: Tax Relief
Trending Now: AJM Director Dr Albertus Marais unpacks the second-phase tax measures to help alleviate some of the covid-19 pain for businesses.
Treasury publishes draft legislation for COVID-19 tax relief measures
National Treasury has
published the draft bill to
formalise tax relief measures
available to small businesses as a
result of the COVID-19 disaster.
The draft legislation clarifies a
number of matters that were
previously the subject of uncertainty,
following President Ramaphosa’s
initial announcement of these
measures. Since publication, a
further media statement has also
been issued to announce the
imminent introduction of further
relief measures announced by the
President on 21 April.
Further tax measures to combat impact of Covid-19
This Article was first published on www.bizcommunity.com on 8 May…
Transfer pricing considerations relating to section 7C of the Income Tax Act
Interesting new proposals relating to withdrawing retirement funds upon emigration were announced in the 2020/21 budget.
Treasury publishes draft legislation for COVID-19 tax relief measures
Following the announcement by Pres. Ramaphosa on 23 March 2020 of the national lockdown to be put in place and which is still observed by South Africa, National Treasury has released a draft explanatory memorandum on Sunday 29 March to further clarify the economic relief measures announced by Pres. Ramaphosa. These measures are intended to provide tax relief to qualifying businesses in the short-term period.