Strategic Assessments for Distressed Companies research report prepared by, Maria Vannucci, founder of Marican Incorporated. * Appointed Business Rescue Practitioner with CIPC * Advanced Certified Business Rescue Practitioner (UNISA) Copyright to Marican Incorporated This material is intended to be a guide only and no part of these materials are intended to be advice, whether legal […]
On 24 April 2023, with no prior notification, the nation received a rude awakening when SARS implemented the enhanced Approval of International Transfers (AIT) process with immediate effect. This change caused Tsunami waves within the financial services sector and taxpayers alike. The introduction of AIT imposed several changes to the Tax Compliance Status (TCS) process, […]
Many clients are unaware of the tax implications regarding Keyman Insurance payouts and the accounting treatment of monthly premiums is vital. Indeed, the tax rules relating to the treatment of premiums paid out and the proceeds received are often overlooked. Although the memorandum of incorporation (MOI) or the shareholders’ agreement of the company may contain […]
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