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Tag Archives | International

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International investments – Consider tax implications

South Africans are overburdened with taxes, and it’s only set to get worse. If you or your clients are considering investing internationally, you should be aware of the tax requirements when deciding on the best investment approach. This is according to Gavin Smith, senior area manager at deVere Acuma, a global financial solutions company, who […]

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transactions

Proposed new FICA regulations – Changes to international and cash transactions

Changes to international and cash transactions National Treasury recently invited public comments on draft regulations on international financial transactions in terms of section 31, and amendment of regulations on cash transaction reporting and aggregation in terms of section 28 of the Financial Intelligence Centre Act 38 of 2001 (FIC Act). According to National Treasury, the proposed […]

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