2017 - 10 Jul 2017
The OECD guidelines for thin capitalisation – Should we be worried?
Companies are funded in two ways, namely through debt and equity. In certain instances interest payments incurred in the production of income are deductible for tax purposes, while distributions are not tax deductible. The way in which a company is structured therefore raises tax concerns regarding the balance between debt and equity. Thin capitalization is governed by the general transfer pricing provisions of the Income Tax Act. The Organisation for Economic Co-operation and Development (OECD) has clear guidelines on thin capitalization.
2017 - 07 Jul 2017
“People behave in the way they are rewarded to behave. If leaders are incentivised to focus on one goal above all other, they do not necessarily focus on how that goal is achieved. Incentives must be aligned to performance – but performance with integrity.” - Holly tucker
2017 - 23 Jun 2017
The tax season for individuals to submit their Income Tax returns begins on 1 July 2017. We provide below answers to some of the most common queries individuals may have.