Tax Risk Management

Bolivia Report from IBFD correspondent Carola Jauregui, Grupo Ruizmier Bolivia Directors, managers and legal representatives may be held responsible for tax debts of corporate taxpayers Normative Resolution 10-20-13 of 31 May 2013, published on 2 June 2013 and in force as of that date, regulates article 32 of the National Tax Code concerning the procedure [...]

Pretoria – Billionaire entrepreneur Mark Shuttleworthhas taken the South African government to court to have the country’s exchange control system declared unconstitutional. Shuttleworth also wants the North Gauteng High Court in Pretoria to set aside a levy of over R250m he had to pay to get some of his assets out of the country in 2009, [...]

Results of SARS Audits Survey – Most find SARS to be acting unlawfully/unreasonably SARS Audit Survey 8 June 2013 What do you do about this? There is the Tax Radar Tax Insurance Policy – email info@taxriskmanagement.com for more details. Watch the following short video to see how we represent clients that find themselves at the [...]

VIDEO – Unlawful Search & Seizure? conducted by SARS under the Tax Administration Act, 2011 CLICK the following link to view the short lecture:   https://dl.dropboxusercontent.com/u/10727554/TAA%20Search%20%26%20Seizure%20Warrant%20Lecture.mov   THEN answer the following questions to test your knowledge – the ANSWERS can be obtained from emailing me at: daniel@TaxRiskManagement.com 1.What aspect of the Tax Administration Act, 2011 [...]

Treasury are concerned that the use of trusts causes unnecessary tax leakage from the tax/fiscal system.  They take the view that trusts are used by the wealthy to, amongst other reasons, split income amongst various down-stream beneficiaries, lowering the effective tax rate of the original beneficial owner. Discretionary trusts allow trustees to change the flow [...]

For more information look at the following RIA article: 31 May 2013 South-Africa-Issues-Thin-Capitalization-Guidance

The DTA with Mauritius will change from 2015. See the brief details from this article: http://www.bdlive.co.za/economy/2013/05/27/uncertainty-arises-over-new-double-tax-treaty Best you plan the effect on your business NOW before it is too late. We have the expertise to assist you. Contact info@taxriskmanagement.com now!  

For a list of Africa tax authorities: http://africataxbook.com/1.html

The topic index below is specifically designed for taxpayers with international filing requirements. Send your comments and suggestions for additional topics to topicmap@irs.gov. Use the left navigation bar to: Search all topics (about 5000) in Tax Map – Use one or two words for best results (e.g., Employment Abroad, Non-filer, Foreign Student) Find a complete list [...]

Tax Analysts-Kearney Partners Fund, LLC et al. v. U A U.S. district court, considering objections to a magistrate judge’s orders, found that one document was subject to the attorney-client privilege but should be produced because it reflected the IRS’s final legal position concerning a partnership’s tax obligations; the court also ordered the production of other [...]