by VDT Attorneys | Sep 1, 2025 | Corporate structuring, Income Tax Act, International Tax Law, Preference shares
Current anti-avoidance rules under section 8EWhere instruments have the characteristics of debt but are structured as equity, the anti-avoidance provisions embodied in section 8E of the ITA become applicable. The taxing event envisaged by section 8E of the ITA is that...
by VDT Attorneys | Sep 1, 2025 | Admissibility of electronic evidence, Phasha Makgolane, Pieter-Louis Myburgh, Video evidence, Video evidence in court
One of the most obvious objections that can be raised to the video evidence in such circumstance is the legality of the hidden cameras. However, even if being set up may raise ethical concerns South African law does not automatically exclude such evidence. Our...
by VDT Attorneys | Aug 29, 2025 | Accrual, Claims, Deceased Estate, Estate disputes, Estate Planning
Estate planning is one of the most important steps you can take to ensure that your wishes are carried out after your death and loved ones are provided for. It establishes clarity, legal certainty, and peace of mind. However, even a carefully structured estate plan is...
by VDT Attorneys | Aug 29, 2025 | Corporate Advisory Team, Mergers and Acquisitions Team, Tax Advisory Team
The Eighth Schedule of the Act provides for a broad definition of an “asset”, but it does not include currency as an asset. In terms of section 24BA(1), this means that the section is not applicable where shares are issued for cash. The section does, however, apply to...
by VDT Attorneys | Aug 29, 2025 | Local government elections, Local Government: Municipal Systems Act, Municipal elections, Municipal staff to hold political office
In August 2022, the Local Government: Municipal Systems Amendment Act 3 of 2022 (Amendment Act) was assented to and took effect from November 2022, which inserted section 71B into the Systems Act. Section 71B, is headed “Limitation of political rights” and reads as...
