by sait_admin | Dec 5, 2024 | Recorded Webinar 2024
SAIT - Tax Practice: On the Move: World of Customs 4 of 4 5 December 2024...
by sait_admin | Dec 2, 2024 | Legislative Policy & Interpretation Submissions
SAIT supports the proposed amendments to Part 1 of Schedule No. 1, which aim to improve tariff classification clarity and efficiency. They note a potential concern for local manufacturers due to a reduced AfCFTA import duty rate but see no major issues overall.READ...
by sait_admin | Nov 25, 2024 | Legislative Policy & Interpretation Submissions
The SAIT International Tax Technical Work Group highlights a misalignment between current group rollover relief provisions in the Income Tax Act and the economic reality of loop structures, where South African residents hold interests in offshore entities that own...
by sait_admin | Nov 25, 2024 | Legislative Policy & Interpretation Submissions
The SAIT Customs and Excise Technical Work Group raises concerns over the disconnect between SARS’s recent policy announcements on low-value e-commerce imports and the existing Customs and Excise Act, 1964. While SARS introduced a four-tier system based on World...
by sait_admin | Nov 25, 2024 | Legislative Policy & Interpretation Submissions
The SAIT Corporate Tax Technical Work Group recommends aligning the treatment of local hedge fund collective investment schemes (CIS) with other CIS categories by amending section 9D(2)(D) of the Income Tax Act. The issue arises because the 2024 Taxation Laws...
