Foreign Withholding Taxes

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South African and multinational businesses operating in the larger African continent were elated by the introduction in 2011 of the section 6quin relief for withholding taxes suffered despite the treaty provisions preventing same.

The elation, however, may be short lived! After offering much welcomed relief and promoting the gateway to Africa initiative for a mere 4 odd years, it is currently proposed that the relief be withdrawn.

While several commentators have pleaded with Treasury not to withdraw the relief, we are yet ...

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In Which Countries Do People Pay The Most Tax?

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Income tax is a constant source of controversy and debate, no matter what country you live in. “Should 5% appear too small, be thankful I don’t take it all … You’re working for no one but me,” sang the Beatles in their 1966 hit Taxman, in an attack on the then Labour government’s high tax rates.

The amount of income tax you pay varies wildly between countries, from almost 60% for high earners in certain countries to 0% in some offshore ...

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Where Is The Best Country To Be An Expat?

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People take photos with the skyline of the central business district shrouded by haze in Singapore September 10, 2015. The 3-hour PSI reading in Singapore was 174 at 1900 SGT (1100 GMT) on Thursday. REUTERS/Edgar Su – RTSHBZ

A new survey of 21,950 expatriates from around the world has crowned Singapore as the best place to be an expat. The Expat Explorer country league table, commissioned by HSBC and now in its eighth year, uses a variety of criteria including economics, ...

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