Transactions with related parties have always been under scrutiny in every aspect of business. This is no less true for taxation – SARS has always been attentive to dealings between connected persons, and has implemented many measures in tax legislation to address this kind of transactions.
We offer a specific session to address these measures.
This session will address the following:
• Clarifying the concept of transfer pricing, connected persons and arm’s length values
• Transfer pricing adjustments to be made, amongst others, for income tax purposes
• Specific tax rules governing transactions with connected persons:
o Loans with trusts
o Transactions with Controlled foreign companies
o Shareholder loans
o Fringe benefits
o Capital gains taxes
o Value shifting arrangements
o VAT rules for transactions with connected persons
Taxpayers and entities that have dealings with connected persons, auditors and advisors might benefit from this course.
