On 21 May 2015, the Davis Committee of the South African Ministry of Finance issued a media statement requesting input to assist in the Committee's drafting of its second interim report on base erosion and profit shifting (BEPS) issues affecting South Africa. The input should be based primarily on the following actions of the OECD BEPS Project: Action 3: Strengthen Controlled Foreign Corporations (CFC) rules; Action 4: Limit Base Erosion via Interest Deductions and Other Financial Payments; Action 7: Abuse of the Definition of Permanent Establishment (PE) Concept; Action 9: Transfer Pricing: Risks and Capital; Action 10: Transfer Pricing: Other...