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South Africa Updates Interpretation Note on Place of Effective Management in Determining Tax Residence of a Company

|Approved Changes|South Africa
South Africa

The South African Revenue Service (SARS) has published Interpretation Note 6 (Issue 3), which provides guidance on the interpretation and application of the term "place of effective management" in determining the tax residence of a company as one of the considerations under the tie-breaker rule in a tax treaty. The interpretation note replaced the prior version issued in 2015 and takes into ac…

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