Attending the course and successfully completing the post-assessment, will grant you
1.5 hour/s verifiable CPD, recognised by the various
professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc). Please note that the
CPD certificate will only be issued once the post-assessment has been completed.
SAIT members:
Please remember that in order to access your member discount for this webinar, your delegate profile with ProBeta Training MUST reflect your SAIT membership number as member discount is applied automatically.
No manual credits will be accommodated from Monday, 18 October 2021, should your delegate profile not be updated yet.
You may access the instructions to update your delegate profile at http://probetatraining.obsysfiles.co.za/PBT/onlineadverts/SAIT.html.
While franchises may operate as most other corporate entities, there are various characteristics that separate franchises from the rest. The same is true for taxes, as there are specific rules that need to be considered afresh when dealing with franchises, even though we are familiar with the general application thereof.
We offer a session to look at the taxation of franchises, and how to apply general and specific rules to them.
This session will address the following:
• Brief discussion on the background of franchises
• Brief discussion of the general tax principles applicable to franchises
• Specific transactions relevant to franchises, and the application of the tax principles to these items (from the perspective of both the franchisor and franchisee)
o Franchise fees and intellectual property
o Royalties
o Costs / obligations in terms of franchise agreement
• VAT considerations
All franchisees and franchisors might benefit from this course.
