Bitcoin pioneer Charlie Shrem peels back the layers on the lives and backgrounds of the world's most impactful innovators. Centering around intimate narratives, Shrem uncovers a detailed, previously unspoken story of the genesis and evolution of bitcoin, cryptocurrency, artificial intelligence, and the web3 movements. Join Shrem as he journeys through the uncharted territories of tech revolutions, revealing the human side of the stories that shaped the digital world we live in today.
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Changes to double taxation agreement, residency presence test could be on the horizon - William Louw Sable International
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Manage episode 435028310 series 2605825
Content provided by BizNews. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BizNews or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
If you live overseas, earn income from South Africa, or reside locally while receiving funds from abroad, navigating taxation can be incredibly complex. William Louw, a tax specialist at Sable International, shared with BizNews that the South African Revenue Service (SARS) is changing its approach—now requiring submissions of returns that were previously unnecessary, as well as requiring historical returns. This has led to some South Africans facing double taxation, despite existing Double Tax Agreements (DTA) in their countries of residence. Louw noted that this issue isn’t limited to South Africa; globally, tax authorities are scrutinising whether tax credits are permissible under these agreements. He also said that SARS is closely examining the residency presence test, and potential changes might be on the horizon. An intriguing dilemma has arisen according to Louw for those contemplating a return to South Africa: currently, SARS lacks a clear mechanism for South Africans to reclaim their tax status.
…
continue reading
1063 episoade
M4A•Pagina episodului
Manage episode 435028310 series 2605825
Content provided by BizNews. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BizNews or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
If you live overseas, earn income from South Africa, or reside locally while receiving funds from abroad, navigating taxation can be incredibly complex. William Louw, a tax specialist at Sable International, shared with BizNews that the South African Revenue Service (SARS) is changing its approach—now requiring submissions of returns that were previously unnecessary, as well as requiring historical returns. This has led to some South Africans facing double taxation, despite existing Double Tax Agreements (DTA) in their countries of residence. Louw noted that this issue isn’t limited to South Africa; globally, tax authorities are scrutinising whether tax credits are permissible under these agreements. He also said that SARS is closely examining the residency presence test, and potential changes might be on the horizon. An intriguing dilemma has arisen according to Louw for those contemplating a return to South Africa: currently, SARS lacks a clear mechanism for South Africans to reclaim their tax status.
…
continue reading
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