Double Taxation Agreement Uk And South Africa

3. The term “dividends” used in this article refers to income from shares or other rights that are not claims on profits, as well as income from other rights of corporations that, according to the laws of the contracting state whose distribution is distributed, are subject to the same tax treatment as the income of the shares of which the company resides. Double taxation conventions and protocols Information on the Double Taxation Conventions of the South African Tax Service (SARS), including links to the full text of the conventions. We contain a collection of global double taxation conventions in English (and other languages, if available) to assist members in their applications. If you`re having trouble finding a contract, call the application team on (0)20 7920 8620 or email us at library@icaew.com. 4. This Agreement also applies to all identical or essentially similar taxes levied by one of the two States Parties after the date of signing of this agreement, in addition to or in place of existing taxes. The competent authorities of the contracting states inform each other of any substantial changes to their respective tax laws. Tax Information Guide: Africa`s Leading Economies 2018 Overview of the Tax and Investment Environment in 44 African countries, including Africa.

The guide contains income tax rates, withholding tax, a list of double taxation agreements, information on other taxes, investment incentives and important business data. Published by Deloitte in May 2018. 1. Where a resident of a contracting state believes that the actions of one or both of the contracting states result in or result in a tax on that person that is not in accordance with the provisions of this Convention, that person may, regardless of the remedies provided by the domestic law of those States, present a case to the competent authority of the contracting state whose person is domiciled or, if the case falls within paragraph 1 of Article 23 of this Convention, to the contracting state of which the person is a national. There are provisions that protect nationals and businesses in one country from discriminatory taxation in the other country (Article 23). A consultation and exchange of information is planned between the tax authorities of the two countries (Articles 24 and 25). 4. The competent authorities of the contracting states may communicate directly with each other in order to reach an agreement in accordance with the preceding paragraphs. 1. This Convention does not affect the tax privileges of members of diplomatic or permanent missions or consular representations, in accordance with the general rules of international law or the provisions of specific agreements.

Look at tax rates, the latest tax news and information on double taxation agreements with our specialized online resources, 2. The competent authority endeavours to resolve the matter by mutual agreement with the competent authority of the other State party by mutual agreement when the objection appears to be well founded and it is not in a position to find a satisfactory solution to resolve the matter by mutual agreement with the competent authority of the other State party, in order to avoid tax evasion that is not in accordance with this convention. 3. The provisions of paragraphs 1 and 2 of this article do not apply to income from a resident of a contracting state from activities in the other contracting state pursuant to paragraphs 1 and 2 of this article, where the visit to that other state is supported, in whole or in part, by public funds from the first contracting state, a political subdivision or a local authority, or as part of a cultural agreement or arrangement between the states.