Tax law - SchoemanLaw Inc

Asset for Share Transactions Unpacked

by Nicolene Schoeman-Louw | Nov 1, 2024 | Commercial law, Tax law

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...

Tax Season: What You Need to Know About the Third Party Process

by Thandi Makasi | Oct 1, 2021 | News, Tax law

With the tax season currently underway in South Africa, here’s all you need to know about the Third Party Appointment process and how it could affect you. In terms of the Tax Administration Act, the Commissioner is empowered to request that a third party pay off any...

The Role of the Information Officer under POPIA

https://schoemanlaw.co.za/the-role-of-the-information-officer-under-popia/

Loyalty Programs and the Tax Man

by Nicolene Schoeman-Louw | Aug 2, 2021 | Commercial law, Publications, Tax law

Many retailers embark on loyalty programs to add to the value proposition they offer customers. The most notable of these, specifically for South Africans, are most certainly the Clicks Group. Clicks have been head to head with SARS since 2009 regarding the tax...

The 2020 Budget Speech

by Raeesa Ebrahim Atkinson | Mar 1, 2020 | Commercial law, News, Tax law

Finance Minister Tito Mboweni delivered his budget speech on 26 February 2020 painting a rather bleak view of the current and future economic climate in South Africa. With inflation and our budget deficit said to increase at a remarkable rate in comparison to economic...

The Carbon Tax Act

by Nicolene Schoeman-Louw | Sep 16, 2019 | Commercial law, Publications, Tax law

Introduction The Carbon Tax Act 15 of 2019 (the “Act”) was enacted as a result of the increase of greenhouse gas emissions in the atmosphere, which is causing and contributing to global climate change. The Act in its preamble, therefore, aims to contribute to the...

Tax Season: What You Need to Know About the Third Party Process

The Role of the Information Officer under POPIA

Loyalty Programs and the Tax Man

The 2020 Budget Speech

The Carbon Tax Act

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