Tax News Updates

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Following a consultative process with professional associations in South Africa known to be active in the tax field, and the release of criteria and receipt of applications for recognition,

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On behalf of the Institute of Certified Tax Accountants, I am very pleased to have the honor of inviting you to our 2013 - 2nd Quarter National Tax Conference to be held this 6th - 7th of June 2013 at Crowne Plaza Monomotapa Hotel (Harare).

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RIO DE JANEIRO. — Brazil on Tuesday announced 20 to 80 percent tax cuts for television, broadband and mobile Internet businesses as an incentive to expand the country’s communication network.

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A Small-to-Medium Enterprise is any business or enterprise that scored nine points or less in terms of its employment levels, or turnover levels and or total net asset values.

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JOHANNESBURG. - United Kingdom-based Rio Tinto has paid out more than US$130 million in taxes to the South African government over the past year, the biggest tax it has paid to an African country.

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All benefits or advantages whatsoever (except where specifically exempted), granted in lieu of or in the nature of “remuneration” are liable to Employees’ Tax (Pay As You Earn) in terms of the Income Tax Act.

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