South Africa Tax News
Treaty between Mexico and South Africa initialled
Draft Revenue Laws Amendment Bill
Treaty between South Africa and Turkey – details
Treaty between Saudi Arabia and South Africa signed
Budget for 2007-08 – details
Treaty between South Africa and Turkey enters into force
Treaty between South Africa and Brazil enters into force
Treaty between South Africa and Spain signed
Treaty between South Africa and Malaysia – details
Small Business Tax Amnesty and Amendment of Taxation Laws Bill 2006
More details have become available with respect to the new Netherlands-South Africa tax treaty and protocol on income and capital of 10 October 2005.
The Netherlands Ministry of Foreign Affairs has stated in a press release that the Netherlands and South Africa signed a new income and capital tax treaty on 10 October 2005. Once in force, the new treaty will replace the current Netherlands-South Africa income tax treaty of 15 March 1971. The intention of the new treaty is to bring matters into line with the fiscal developments in both states. The text of the new treaty is not yet available, but the press release indicates the details summarized below regarding the new treaty.
The South African Ministry of Finance announced that a new tax treaty between South Africa and the Netherlands will be signed on 10 October 2005. Once signed and in force, the new treaty will generally replace the South-Africa income tax treaty signed on 15 March 1971. Further details of the treaty will be reported subsequently.
The United Arab Emirates and South Africa have announced that a first-time tax treaty will be signed during meetings scheduled for 24-25 September 2005. Further details will be reported subsequently.
South Africa and Malaysia signed a first-time tax treaty on 26 July 2005. Further details of the treaty will be reported subsequently.
South Africa and Turkey signed a first-time income tax treaty on 3 March 2005.
Brazil and South Africa signed a first-time tax treaty and protocol on 8 November 2003.
The first-time income tax treaty between Bulgaria and South Africa, signed on 29 April 2004, entered into force on 27 October 2004. The treaty generally applies from 1 January 2005.
The first-time income tax treaty between Bulgaria and South Africa, signed on 29 April 2004, entered into force on 27 October 2004. The treaty generally applies from 1 January 2005.
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