Double taxation a headache for SA corporates

Source:  Ingé Lamprecht (Moneywebtax)

After a number of years where some African countries have generally focused on attracting investment, developing infrastructure and creating jobs, a number of countries are now turning their attention to tax collection in an effort to supplement their state coffers.

One of the headaches currently plaguing South African service providers, is that although tax treaties exists with a number of African countries, the application thereof often allows for different interpretations. This can have severe financial implications.

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