In order to encourage residents to disclose and regulate their tax affairs, and avoid future non-discretionary imposition of interest, a voluntary disclosure programme for individuals and companies will be instituted by the South African Revenue Service (SARS) from 1 November 2010 to 31 October 2011 where taxpayers will be able to approach SARS and disclose their defaults in order to become compliant.
In line with international co-operation to prevent money laundering, it is critical that residents with offshore transactions know whether they are tax compliant. The provisions dealing with offshore transactions are complicated, relatively new and subject to continuous amendments resulting in many residents not knowing if they are tax compliant in relation to their offshore transactions. Join Prof. Daniel N. Erasmus and his team at this half day event as he examines the provisions that apply to offshore transactions to ensure you have a proper understanding before the voluntary disclosure programme comes into operation.
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Who is a Resident |
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Foreign losses |
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World-wide basis of taxation |
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Blocked funds |
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Foreign services |
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Foreign taxable income |
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Foreign interest |
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Intellectual property |
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Foreign dividends |
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Hidden funds |
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Controlled foreign companies |
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Non-resident trusts |
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Disposals of interest in a foreign company |
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Thin capitalization rules |
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Foreign exchange gains or losses |
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Transfer pricing |
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Rebate or deduction for foreign taxes on income |
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Double taxation agreements |
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Capital gains tax issues |
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15th OCTOBER
Sandton Convention Centre |
08:30 - 12:00
Concludes with lunch |
R 1 650.00 excl VAT
R 1 881.00 incl VAT |
Book 2 or more delegates and receive a 10% discount |
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