South African draft tax amendment targets share buybacks
The first draft Taxation Laws Amendment Bill, 2017 (the “2017 TLAB”) was released on 19 July 2017 for public comment (due by 18 August 2017).
These proposals will broaden the scope of existing anti-avoidance rules.
- Stop! Wait! Move! - No Longer Stamp Duty for Residential Homes
- Tax changes for 2018 disclosed in the new budget bill
- VAT registration in the UAE has commenced
- Instances Whereby Transfer of Funds to Foreign Residents will be Exempt
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