International investment and trading is something that all taxpayers are familiar with – however when it comes to the tax treatment thereof, it is quite the opposite, where most taxpayers are unsure about what SARS requires.
For this reason, ProBeta offers a session aimed at dealing with this tax treatment in the context of Controlled Foreign Companies and Headquarter Companies.
This session will address the following:
• Determining what is a Controlled Foreign Company (CFC) and a Headquarter company (HQC)
• What happens when a company ceases to be such a company
• The tax treatment of income of CFC’s and HQC’s, including anti-avoidance rules
• Brief coverage of loop structures and the tax rules applicable to them
• Brief coverage of the administrative rules for CFC’s and HQC’s
All entities and tax practitioners that are affected by these rules, as well as auditors and advisors, might benefit from this course.
