National Treasury’s pursuit to eliminate the Dividend Withholding Tax benefit under South African Double Tax Agreements – Polity

National Treasury’s pursuit to eliminate the Dividend Withholding Tax benefit under South African Double Tax Agreements

Dividend Withholding Tax (DWT) is levied on distributions that constitute a "dividend", as defined in the Income Tax Act (ITA). This means that a 20% withholding obligation exists unless an exemption applies or, in the case of dividends distributed to non-South African resident shareholders, such di…

https://www.polity.org.za/article/national-treasurys-pursuit-to-eliminate-the-dividend-withholding-tax-benefit-under-south-african-double-tax-agreements-2022-09-23

What South Africans lose when adopting foreign citizenship – Polity

What South Africans lose when adopting foreign citizenship

Anyone who acquires citizenship in another country will automatically lose their South African citizenship. This includes all rights and privileges associated with being a South African citizen, including losing your right to a South African passport, one’s right to vote, etc. This condition is stip…

https://www.polity.org.za/article/what-south-africans-lose-when-adopting-foreign-citizenship-2022-09-15