Juta & Company (Pty) Ltd Tax Matters: Let's Talk Tax

The De-Grouping Debate Will Be Settled At Last

--:--
Following an ‘intra-group transaction’ to which tax rollover relief applies, a group of companies must be maintained for six years, or the transferee company could suffer tax consequences. There has been much debate on the circumstances in which a de-grouping occurs. In this episode, Bowmans’ tax specialists discuss how the welcomed announcement in the 2024 Budget has brought certainty.
[Tax law: Section 45 of the Income Tax Act]
6 Jun English South Africa Business

Other recent episodes

A Boost For Foreigners Investing in South African Companies

In this episode, Bowmans' tax experts discuss the principle of tax-free returns on equity invested in South African companies, known as 'contributed tax capital'. Discover how anti-avoidance legislation aimed at curbing certain transactions affecting 'contributed tax capital' has raised concerns over its broad impact on legitimate deals. Explore Treasury's pledge…
24 Jun 13 min

A Lifeline To Companies In Business Rescue

In this 2nd episode, Bowmans tax experts discuss how a company in business rescue may soon be able to rely on temporary relief from tax debt in order to trade back to financial health. CASE LAW: Henque 3935 CC t/a PQ Clothing Outlet v Commissioner for SARS (2020/35790) [2023] ZAGPJHC…
20 May 22 min

The Preference Share Dilemma

Recent legislative efforts to limit the use of secured preference share funding could have serious tax and financial consequences. South African companies need to know that, while the change impacts the taxation of dividends from years of assessment commencing 1 January 2024, the tax could be triggered by transactions undertaken…
30 Apr 18 min
All episodes