Income Tax Treaty
Latest in Income Tax Treaty
South Africa 183 Day Exemption & CFC Update
South Africa 183 Day Exemption & CFC Update: In previous blogs, we had raised the prospect of changes to South Africa’s domestic Income Tax legislation. Of importance, was the proposed withdrawal of the tax exemption for South African tax residents who worked outside of South Africa for a sufficient period.…
South Africa and United Arab Emirates sign new Income Tax Treaty
On the 23rd November 2015, a new Income Tax Treaty was signed between South Africa and the United Arab Emirates (UAE). The treaty generally follows the OECD Model (2008). The maximum rates of withholding tax are: 10% on dividends and 5% if the beneficial owner is a company the capital…