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"
- South Africa Prepares Major VAT Reforms
- South Africa’s 5-Corner Peppol Integration to Modernize E-Invoicing and VAT Reporting by 2028
- New VAT Apportionment Reporting Requirements to SARS: Compliance and True-Up Adjustments Explained
- High Court Upholds Tax Court Ruling: Payroll Service Provider Not Liable for SDL and VAT
- Eswatini’s E-Invoicing Initiative: Advancing Tax Compliance and Digital Transformation by January 2028