Unforeseen preference share amendments – Polity

Unforeseen preference share amendments

The 2019 Taxation Laws Amendment Bill (TLAB) was tabled with the Medium Term Budget Policy Statement on 30 October 2019. The TLAB contains a significant amendment to the definition of “hybrid equity instrument” in section 8E of the Income Tax Act, which will deem any distributions made within 3 year…

https://www.polity.org.za/article/unforeseen-preference-share-amendments-2019-11-04

Unpacking responsibility in terms of the Financial Intelligence Act – Polity

Unpacking responsibility in terms of the Financial Intelligence Act

Financial crimes harm South Africans in many ways but fundamentally, they contribute to the depletion of funds and resources that should be put towards the country’s development. Activities classified as financial crimes include money laundering, tax evasion, bribery, corruption, insider trading and…

https://www.polity.org.za/article/unpacking-responsibility-in-terms-of-the-financial-intelligence-act-2019-09-30