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Member Articles


The Impact of South Africa’s Budget Proposals on International Tax

When Minister of Finance, Mr Enoch Godongwa, delivered his annual budget speech on 22 February 2023, he proposed some important changes that will have an impact from an international tax perspective. These include both c ...

IRS: Extension of the Deadline for Reporting Obligations

Order no. 51/2023-XXIII, of the State Secretary of Tax Affairs, of 15 February 2023, extends the deadline regarding the obligation to communicate a set of prior information necessary for the assessment of Individual Tax, ...

Change Is Coming For Research And Development Tax Relief This April

Rates for research and development tax credits are set to change from April 2023 as part of HMRC’s planned overhaul of the R&D tax relief system. These changes were first announced as part of the Autumn Statement ...

IRS Issues Statement on Export Tax for Oil Spills

In the March 6, 2023 Internal Revenue Bulletin the IRS issued a notice stating that it will acquiesce in the decision of the court in a case saying that the oil spill tax is unconstitutional as applied to exports (Trafig ...

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