Foreign Withholding Taxes
Doing business cross border creates a number of business and tax issues, which are often very complex and interrelated.
This webinar is a basic introduction to some of the key tax considerations when expanding cross-border. The focus of the workshop is on withholding taxes of inbound payments, the rebate available in respect of foreign taxes paid by the South African taxpayer and the tax accounting of foreign withholding taxes.
We will work though a comprehensive practical case study as a practical illustration of the theory discuss. The case study looks at a South African company wishing to expand its manufacturing operations into Africa.
After completing this webinar you will:
- have a basic understanding of the taxation of income in foreign countries;
- have a basic understanding of the taxation of foreign income in South Africa;
- understand the unilateral relief available under the South African tax legislation in respect of double taxation (i.e. section 6quat foreign tax rebates);
- understand how to account for foreign withholding taxes in the accounting records; and
- be able to apply the theory to a practical case-study.
Please note that the webinar will not cover Transfer Pricing and Exchange Control Regulations.
The webinar will contribute to 2 hours CPD/CPE.
Cost: R632.50 (inclusive of VAT) / R550 (exclusive of VAT)