It is essential to determine whether this is possible and how a double taxation agreement should be applied, given that it is the country of residence that generally pays tax duties. Look at tax rates, the latest tax news and information on double taxation agreements with our specialized online resources, guides and useful links. (a) that the provisions of Part I of the Annex to this order and in exchange for obligations, which constitute an agreement provided for in Part II of this scheme, have been made with the Government of the Republic of South Africa to allow an exemption from double taxation with respect to income tax, corporation tax or capital gains tax and similar taxes imposed by the laws of the Republic of South Africa; Double taxation conventions and protocols Information on the Double Taxation Conventions of the South African Tax Service (SARS), including links to the full text of the conventions. (d) If the person is a national of the two contracting states or one of those contracting states, the competent authorities of the contracting states resolve the matter by mutual agreement. Since there are many rules and complications that can arise when applying double taxation agreements, it is important to seek professional help from a qualified and experienced accountant. A selection of articles on tax news and developments can be available in the Business Source Corporate database. Access to the articles is granted to ICAEW members, ACA students and other eligible users subject to supplier terms of use. 4. Enterprises of a contracting state whose capital is held, directly or indirectly, by one or more residents of the other contracting state or which are under the control of the other contracting state, are not subject, in the first state, to a tax or related requirement that is other or more burdensome than the taxation and related requirements to which other similar enterprises of the first state are or may be subject.

If this proposal is acceptable to the Government of the Republic of South Africa, I have the honour of proposing that this communication and Your Excellency`s response on this matter be considered an agreement between the two governments on this issue, which will come into force at the same time as the Convention enters into force.