Managing tax risks at the core is the process of understanding, interpreting and applying tax laws in order to mitigate potential pitfalls. Tax Risk Management has developed into moral and ethical characteristics which should be considered in the taxpayer’s immediate and broader context. These characteristics are formally embedded in King IV in South Africa where tax is included in good corporate governance.
The purpose of this video is to provide guidance on how to manage tax risks within the South African context.Managing tax risks at the core is the process of understanding, interpreting and applying tax laws in order to mitigate potential pitfalls.