About 3 000 super-rich have left SA in the past 10 years, according to a new report.
Madiba would have been alarmed at the polarisation and hate speech in SA, says Derek Hanekom.
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A forex expert explains the ins and outs of financial emigration - an exchange control matter that allows a South African to be classified as a non-resident.
Financial emigration should not be implemented as a knee-jerk reaction to new South African expatriate tax laws, caution financial experts.
The 'hype' created about changes to the SA Income Tax Act relating to exemption of employment income earned abroad, is clouding its fairness, says an expert.
The revenue service is taking steps to ensure that public benefit organisations, like religious institutions, which are tax exempt remain tax compliant when it comes to their alternative revenue streams.
National Treasury and SARS held a workshop where they got feedback from financial experts on practical issues regarding the foreign income tax exemption, but they are not budging on the actual amendment.
Expat amendments to the SA Income Tax Act, which is supposed to generate further revenue for the country, will probably create the opposite effect, warns a tax expert.
National Treasury has invited key stakeholders to a workshop early in March to address continued concerns around the amended foreign income tax exemption.
SA law has been changed in relation to the exemption of foreign employment income and effective 1 March 2020 this exemption will be capped, says a tax expert.
An amendment to SA expatriate tax law is set to come into effect in 2020, and to avoid criminal prosecution, South Africans working abroad can opt for "financial emigration", suggests a tax expert.
People frequently make decisions regarding property investments without a full understanding of the tax implications involved, cautions an expert.
For South Africans who have invested in offshore property, estate planning can be challenging given the legal and tax frameworks of another country.
Not filing is a criminal offence and SARS is well within its powers to launch criminal investigations into non-compliant taxpayers.
In the recently issued Draft Taxation Laws Amendment Bill Treasury has proposed amendments to the Income Tax Act relating to taxing cryptocurrencies.
Yes, progress is being made 10% 349 votes
10
I don't know, but I hope so 29% 1001 votes
29
No, it's too late 61% 2148 votes
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