SARS Verification Audit Reversed After Section 11 TAA Notice
A SARS verification audit resulted in a disputed revised assessment against a South African property trust. After TaxRisk.co.za engaged Dr Daniel N. E…
Category: Africa
The Hidden Risk in B-BBEE Deductions: Why Large Corporations in South Africa Should Be Concerned
A large South African corporate entity (turnover exceeding R250 million) recently found itself in a protracted dispute with SARS.
The business oper…
Project AmaBillions – A New Project by the South African Revenue Service to collect an additional ZAR 75 Billion!
In April 2025, the South African Revenue Service (SARS) announced an ambitious initiative to bolster tax revenue collection by an additional R75 billi…
Are You Prepared for an Unexpected Tax Audit in South Africa? How Tax Risk Insurance Can Safeguard Your Business
In today's complex tax environment, businesses and individuals in South Africa face increasing scrutiny from the South African Revenue Service (SARS).…
Kenya vs Avic International: TRANSFER PRICING CASE
The Tax Appeals Tribunal in Kenya ruled on the case involving AVIC International Beijing (EA) Limited (Appellant) and the Commissioner of Domestic Tax…
PILLAR II: South Africa’s Global Minimum Tax Act – Implications for Multinationals
South Africa has officially gazetted its Global Minimum Tax Act, marking a significant step in aligning its tax legislation with global standards unde…
Implications for Regulatory Bodies: IRBA & Others vs East Rand Member District of Chartered Accountants and Others
This judgment addresses critical issues of procedural fairness, statutory authority, and administrative law, particularly for professional bodies like…
RSA (CSARS) vs Wiese & Others: TAX DEBT RECOVERY CASE
The Supreme Court of Appeal of South Africa (SCA) ruled against Christoffel Hendrik Wiese and other appellants in their appeal concerning SARS's effor…
Kenya Revenue Authority’s Guidance on Mutual Agreement Procedure: A Comprehensive Analysis
The Mutual Agreement Procedure, commonly referred to as MAP, is a dispute resolution mechanism that enables contracting states under a DTA to resolve …
A Comparative Analysis of Insurance Premium Deductibility
The question of whether insurance premiums are deductible expenses under tax law presents complex challenges, especially when those premiums involve e…