2011 Dividend Tax Seminar - Presented by Prof. Jackie Arendse
About the Speaker :
Prof. Jackie Arendse - B.Acc H.Dip Tax M.Acc (Tax) MTP (SA) CA (SA)
Jackie is a sought-after presenter of tax seminars for tax practitioners, accountants and the general business community.
Prof. Arendse is the Head of the School of Accountancy at the University of the Witwatersrand and serves on various professional committees. Jackie is well known as a leading expert in tax and written many articles on a broad range of tax matters been published in a variety of business journals and newspapers.
The new Dividend Tax will be implemented on 1 April 2012. The transition from STC to the Dividend Tax will bring about a fundamental change in the way dividends are taxed in South Africa and impacts materially on companies and investors alike.
The dividend tax legislation has been developed over the last four years and now that the implementation date is known, it is essential to integrate all the various provisions that have been promulgated and evaluate exactly how the tax will be implemented and how companies and investors must adapt to comply with the new legislation.
This focused and informative seminar will provide a comprehensive explanation of the new dividends tax, providing you with the tools you need to implement the necessary administrative processes in your companies and /or advise your clients on how the tax will affect them.
You cannot afford to miss this update!
Who Should Attend:
Tax practitioners, directors, business owners, advisors, auditors, accountants, bookkeepers and anyone else involved in company administration, business management and taxation.
- New 'dividend' definition
- The concept of 'contributed tax capital'
- What records must be kept by companies
- How returns of capital will be taxed
- Distributions by non-resident companies - Foreign dividends and 'foreign returns of capital'
- The deletion of value-extraction tax (VET)
- How non-dividend payments will be taxed
- Treatment and measurement of financial assistance
- How share buy-backs will be taxed
- Treatment of close corporations, co-operatives and not-for-profit companies
- How the new tax will impact on investment returns