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Amendments in the final tax bills on tax administration, dispute resolution and value-added tax

Amendments in the final tax bills on tax administration, dispute resolution and value-added tax

26th October 2017 The Tax Administration Laws Amendment Bill (TALAB) and Taxation Laws Amendment Bill (TLAB) were released with the Medium Term Budget Policy... 

Understatement penalties for gross negligence

Understatement penalties for gross negligence

24th October 2017 The Tax Court handed down judgement on 18 August 2017 in the case of ABC Proprietary Limited v C: SARS. The case primarily deals with... 

Corporate responsibility in weeding out corruption – a time to step up

Corporate responsibility in weeding out corruption – a time to step up

23rd October 2017 Although State capture and the impact it is having on government has been front of mind for some time, the KPMG matter has recently turned the... 

More Webber Wentzel
Webber Wentzel maintains its top ranking in the IFLR1000 2018 Guide

Webber Wentzel maintains its top ranking in the IFLR1000 2018 Guide

18th October 2017 Webber Wentzel is the only South African law firm to have achieved tier 1 rankings across the board in IFLR1000’s Financial and Corporate Guide... 

Webber Wentzel again certified as one of South Africa's Top Employers

Webber Wentzel again certified as one of South Africa's Top Employers

13th October 2017 Webber Wentzel has been awarded the exclusive Top Employers South Africa 2018 certification in recognition of its outstanding employee offerings.... 

Revised proposals where conversions of debt to equity (and more!) could result in income tax for the debtor

Revised proposals where conversions of debt to equity (and more!) could result in income tax for the debtor

10th October 2017 The draft Taxation Laws Amendment Bill, 2017 (DTLAB) provided for new sections 19A and 19B in the Income Tax Act 58 of 1962 (the Act) to provide... 

Water Management in South Africa - change on the horizon

Water Management in South Africa - change on the horizon

6th October 2017 Following on from a previous alert in relation to the restructuring of South Africa's Water Management Areas (WMAs) from 19 WMAs previously to a... 

New requirements for waiving debt owed by dormant group companies

New requirements for waiving debt owed by dormant group companies

4th October 2017 Currently, debt waiver provisions in the Income Tax Act 58 of 1962 (ITA) are dealt with in section 19 and paragraph 12A of the Eighth Schedule. A... 

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