The South African Revenue Service (SARS) increasingly has been focusing on identifying potential noncompliance relating to transfer pricing adjustments. To facilitate compliance, it is important for importers of goods into South Africa to understand the relationship between customs valuation and transfer pricing adjustments and the relevant customs legislation associated with these types of cross-border transactions.
Source Deloitte
Latest Posts in "South Africa"
- VAT Treatment of Municipal Supplies to National or Provincial Government in South Africa
- South Africa Proposes VAT Law Amendments to Implement E-Invoicing and Digital Reporting Framework
- Umkhonto Wesizwe Party Protests VAT Increase Ahead of Finance Minister’s Budget Speech in Pretoria
- South Africa’s Move to Mandatory E-Invoicing: Draft Law, Public Consultation, and Future Plans
- Briefing document & Podcast: South Africa’s E-Invoicing and Real-Time Reporting Overhaul
