You might be wondering: What is National Treasury and SARS doing to manage this base erosion and what new revenue streams or focus areas will they introduce in order to make up for this loss?
The following question might be at the back of your mind: What tax and emigration considerations would these high-net-worth families leaving South Africa need to take and what are the tax consequences for the remaining wealthy families?
In this webinar, we unpack and explore the following key questions and issues:
Recent developments will be unpacked, including amendments in the draft tax legislation regarding the three-year rule, Excon changes regarding loop structures, tax treaty provision, USA throwback tax and UK/AUS anti-avoidance rules against tax immigrant funders.
Hugo van Zyl
CA (SA) TEP MTP(SA) MCom (Tax)
Based in Cape Town, Hugo runs his own private tax practice as well as a joint venture tax and formal emigration business.
Hugo emigrated his first client in May 1993, two months after the Chris Hani murder, and since then he has lectured SA expat, SA CGT and income tax in Los Angeles, New York, Chicago, London, Amsterdam, Dubai, Abu Dhabi, Mauritius, as well as locally throughout South Africa. Since 1993, Hugo has assisted several expats, Saffas and global citizens in entering and exiting South Africa, not only from a tax perspective but also as a cross-border exchange control and multi-jurisdictional trust and estate specialist.
In 2014, 2016, 2017 and 2019, Hugo was an active tax specialist and fiduciary panelist at the Tax Indaba. In 2020, he was a guest speaker at national AGM of the Fiduciary institute of South Africa. He has presented webinars for both the South African Institute for Tax Professionals (SAIT) and The Tax Faculty and a country-wide roadshow on the then new section 7C tax rules.
Hugo is not only a PBO/NGO specialist providing tax and practical advice; he also spent many years as national treasurer for both the Association of Round Tables (ARTSA as it was then known) and Chaine des Rôtisseurs Afrique de Sud (www.chaine.co.za).
Hugo is known by his international Twitter name @wegkaner.
Tax Director, BDO
On leaving university, Doné joined the South African Revenue Service (SARS) for three years, working in both the PAYE inspections and individual assessing departments. Thereafter Doné joined the private sector and now nearly 20 years on, and through various mergers of audit firms, holds the position of Tax Director of BDO South Africa. Doné has been a partner since 2008.
Doné is a professional member of the South African Institute of Tax Practitioners (SAIT) and is registered as a tax practitioner with SARS.
Area of expertise
Doné specialises in individual and trust taxation as well as employees' tax.\
Education and qualifications
This event and successful completion of the online assessment will secure 2 hours verifiable output Tax CPD points.
100% discount for 2020 General Tax Practisioner and Tax & Accountant CPD subscribers. Not a CPD subscriber yet? Click here to register now
Other members: R475.00
Company price: R950.00
All payments must be made by EFT or by credit card, at least 3 working days before commencement of an event.
Kindly note that should payment not been received 2 days after the event, legal action will be taken
Proof of payment will be requested at registration, if payment at that point in time has not been reflected on SAIT's bank account.
Only written notice of cancellation will be recognised.
If the cancellation occurs more than 4 working days prior to the event no cancellation fee will be charged.
If the cancellation occurs less than 4 working days prior to the event a 100% cancellation fee will apply.
Delegates who book and fail to attend will be liable for the full event fee.
SAIT's liability in the case of an event being cancelled will be limited to a refund or credit of the event fee.
Please click here for the full terms and conditions.
The following venues and dates are available for this event.