DOUBLE TAXATION AGREEMENT
PROTECT YOUR FOREIGN INCOME FROM SOUTH AFRICAN TAX
A Double Taxation Agreement (DTA) helps South African taxpayers avoid being taxed twice on the same income. If you earn income abroad, a DTA ensures legal relief from double taxation, fair treatment of foreign income, and full compliance with SARS. With treaties in place with over 70 countries, applying the correct DTA can protect your income and prevent costly mistakes.
Understanding South Africa’s Exit Tax and the Proposed Tax on Retirement Interests
A misunderstanding of certain sections in the Income Tax Act has many South Africans who moved abroad and ceased tax residency, worried that they will also be liable to pay Capital Gains Tax (CGT) on the withdrawal of their retirement funds, in addition to the tax levied as per SARS’ Tax Tables.