International Exchange Of Information – Get Your Airbnb In Order
It has come to light in March 2022, that the Irish Tax Authority (“ITA”) has reached out to Airbnb Ireland UC (“Airbnb”), for the disclosure of specific information, as pertains to income generated from the online accommodation booking platform, across both current and historical transactions.
Isle Of Man Emerging As Territorial Forerunner Among SA Investor Expats
As the South African Revenue Service (SARS) intensifies its focus on the tax compliance of high net-worth individuals (HNWI), a self-governing island nation located in the Irish Sea has steadily emerged as an appealing emigration destination for prospective South African expatriates.
Top Tips For Understanding Offshore Transfers
What Are The New Rules? Since the announcement by Treasury effective 1 March 2021 to the process of Financial Emigration and ceasing ones tax residency, the transfer of funds offshore for expatriates (emigrants as known under exchange control), has in some regards become more flexible, in terms of allowing you more than one authorised dealer, […]
What CBDCs And Crypto Regulations Mean For Crypto Tax
Government is regulating cryptocurrency this year and testing an official government cryptocurrency. What does this mean for crypto tax? The South African Reserve Bank (SARB) is encouraging more engagement with the fintech industry in South Africa to enable the introduction of distributed ledger technology (DLT) into financial markets.
Binding Class Ruling: BCR 59 | Calculation Of VAT For Table Games Of Chance
Issue This ruling provides direction relating to the way casinos must account for VAT in respect of table games of chance.