If this email is not displayed correctly please click here

Corporate Tax

15 March 2019
Dries Hoek New dawn for dividend-stripping rules?

South Africa - Cliffe Dekker Hofmeyr

Abusive schemes whereby taxpayers retain shares for at least 18 months before they are disposed of for a nominal consideration recently came to the attention of the National Treasury, which proposed that the share buy-backs and dividend stripping rules be amended with effect from 20 February 2019. The treasury provided no guidance on the nature of the amendments, but taxpayers should expect a complicated provision that might have several unintended consequences.

Author: Dries Hoek
Read more

Recent updates

Dinesh Kumar GST not applicable on reimbursement of salary on behalf of foreign entity as pure agent

India - BDO LLP

Author: Dinesh Kumar
Valery Narezhniy FTS approves form of inquiry regarding beneficial owners

Russia - Gorodissky & Partners

Author: Valery Narezhniy
Constantinos Christofi Issuance of tax residence certificates based on 60-day residence rule

Cyprus - Elias Neocleous & Co LLC

Author: Constantinos Christofi
Louis Botha Win for employer: judgment on Employment Tax Incentive Act

South Africa - Cliffe Dekker Hofmeyr

Authors: Louis Botha, Louise Kotze
Greg DelBigio Continued erosion of taxpayer privacy

Canada - Thorsteinssons LLP

Authors: Greg DelBigio, Jennifer Flood
Maurus Winzap Welcome relaxation of Swiss withholding tax rules on foreign bonds guaranteed by Swiss parent company

Switzerland - Walder Wyss Ltd

Authors: Maurus Winzap, Fabienne Limacher
António Fernandes de Oliveira Court rules on depreciation and amortisation of submerged lands within concession agreement

Portugal - AFDO-adv

Authors: António Fernandes de Oliveira, Mónica Respício Gonçalves
Bradford E LaBonte Proposed foreign tax credit regulations clarify taxpayers' ability to claim deemed paid credits

USA - McDermott Will & Emery

Authors: Bradford E LaBonte, Enrica Ma