It is said that the only difference between tax avoidance and tax evasion is the width of the prison’s wall – but where exactly does SARS draw the line? For most taxpayers, it is easy enough to distinguish between what “feels” right or not, however tax legislation is based on principles far removed from emotions. This course is the last of our 5-part series, and aims at distinguishing between the concept of tax evasion and avoidance. Please note that while these courses are presented as a series of related matters, they cannot be booked as a bundle and bookings are to be made for each course on its own.

This session will cover the following: • Distinguishing between tax avoidance, tax planning and tax evasion • Impermissible tax avoidance arrangements • Specific anti-avoidance measures in tax legislation: o Value shifting arrangements o Trading stock o Capital gains and losses o Trusts and attribution rules o Transfer pricing • Interest and penalties related to tax avoidance and evasion • Reportable arrangements

Taxpayers, tax practitioners, business owners, advisors and auditors might benefit from this course.