The general anti-avoidance rules (GAAR) in sections 80A to 80L of the Income Tax Act 58 of 1962 (the Income Tax Act) have...
The ABSA case: “Party” and “Tax Benefit” under the GAAR
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Corporate and business tax
Income tax considerations for homeowners’ associations
Section 10(1)(e) of the Income Tax Act 58 of 1962 (the ITA) exempts levy income received by bodies corporate, share block...
Be careful of the GAAR
The number of cases before South African courts involving the general anti-avoidance rules (the GAAR) have increased noticeably...
Pointers for share incentive schemes
Many companies use share incentive schemes to align the objectives of key staff members and the company. The design may look...
Dividend or donation?
If a company makes payments to a related party of its shareholder, the question arises whether this is a dividend, or perhaps...
Proposed changes to the taxation of preference shares
The National Treasury published the draft tax law amendment bills for comment on 16 August 2025. A significant proposal relates...