South Africa's National Treasury has published the initial batch of the draft 2019 Taxation Laws Amendment Bill (TLAB). As provided in the Treasury media statement, the draft covers two specific amendments that are more urgent and require further consultation: 1. Addressing abusive arrangements aimed at avoiding the anti-dividend stripping provisions On 20 February 2019, the Minister of Finance made an announcement in Annexure C of the Budget Review regarding “Addressing abusive arrangements aimed at avoiding the anti-dividend stripping provisions”, with effect on 20 February 2019. This implies that the changes to the tax legislation addressing abusive arrangements aimed at avoiding...