Many taxpayers are unaware of the fact that withholdings tax might be applicable to the transactions they enter into, even more so when they are responsible for the withholding itself.
International transactions might attract withholdings taxes, and it is important that the parties to these transactions are aware of their position and responsibility when it comes to the tax consequences thereof.
We offer a session focused on withholding taxes on transactions with non-residents, from the perspective of both supplying and receiving party.
This session will address matters including, but not limited to, the following:
• Conversion of amounts in foreign currency
• Foreign entertainers and sportspersons
• Royalties
• Interest
• Fixed property
• Exemptions
