Stack up the evidence when claiming interest expenses
Taxpayers carrying on trade as an investment holding company should ensure they can demonstrate a high degree of involvement in the operations of the subsidiaries.
The contract went through 10 iterations between July 2019 and March 2020, with the term ‘infectious and contagious diseases’ variously in or out.
Read moreTaxpayers carrying on trade as an investment holding company should ensure they can demonstrate a high degree of involvement in the operations of the subsidiaries.
Old Mutual provides context to the Molefi complaint, and how the group is planning to address the alleged non-payment.
You can break tax residency via the SARS tax emigration process or annually via the application of a double taxation agreement.
Binding Class Ruling 88 provides guidance on what qualifies as a ‘generation asset’ and how the allowance applies to limited partners investing in solar PV energy assets.
The context to Treasury’s concern is where the arm’s length interest rate is lower than the official rate of interest.
Danielle Luwes, tax director at Hobbs Sinclair Advisory, provides clarity on the process and benefits of section 18A donations.
The amendments are necessary for private sector retirement funds to give effect to the two-pot retirement system.
Sars binding private ruling highlights the importance of regularly reviewing the nature of a preference share or an equity instrument.
Lessors that invest in qualifying assets that are leased to lessees under operating or finance lease arrangements will be able to benefit from the incentive.