Still Your Business Post Divorce?
Divorce can be a challenging and emotional process, but for business owners, it often introduces another level of complexity. Business ownership becomes especially vulnerable during divorce proceedings, and depending on the matrimonial property regime involved, the...
Asset for Share Transactions Unpacked
Section 42 of the Income Tax Act 43 of 1961 as amended (“ITA”) is a critical provision that offers significant advantages for taxpayers involved in corporate restructuring. This section allows for what is known as an asset-for-share transaction, where a taxpayer can...
Recourse When Receiving Poor or Inadequate Professional Advice
Professionals play a critical role in establishing and building a sustainable business. Entrepreneurs often rely on their input, which drives critical decisions. However, there may be instances where their advice or actions result in financial loss. In these cases,...
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