On 8 January 2015, South Africa published the 2015 Tax Administration Laws Amendment Act (Act No. 23 of 2015) and the 2015 Taxation Laws Amendment Act (Act No. 25 of 2015), as assented by the president. The laws give effect to tax measures included in the 2015 Budget ({News-2015-07-27/P/2- previous coverage}) in addition to those included in the 2015 Rates and Monetary Amounts and Amendment of Revenue Laws Act, which was assented and published in November 2015 ({News-2015-11-30/A/3- previous coverage}). Some of the main measures include: Relaxing capital gains tax rules applicable to the cross-issue of shares and introducing counter...