by VDT Attorneys | Nov 30, 2023 | AI, Artificial Intelligence, ChatGPT, Code of Conduct
Although AI and AI capability have been around for some time, the ChatGPT phenomenon that hit the world in 2022 has thrown a spotlight on the rapid progression and ‘unworldly’ capabilities of AI systems and how effective they are in assimilating huge amounts of data...
by VDT Attorneys | Nov 30, 2023 | Anti-avoidance, Dividend stripping, Withholding tax
In South Africa, dividends are typically subject to a dividend withholding tax at a rate of 20%. Dividends declared from one resident company to another resident company in South Africa, however, are exempt from dividends withholding tax. The result –...
by VDT Attorneys | Nov 29, 2023 | Beneficial Ownership, SARS, Tax, Tax return, Trust disclosures
Filing tax returns for a trust is no longer as straightforward as it used to be. Earlier this year, the South African Revenue Services (“SARS”) issued a notice that new requirements have been introduced when filing tax returns for a trust. SARS now requires that the...
by VDT Attorneys | Nov 29, 2023 | Uncategorized
In the recent Supreme Court of Appeal case of Stemmet and Another v Mokhethi and Another (681/2022) [2023] ZASCA 127 (04 October 2023) the Court had to deal with the issue of prescription when it comes to a claim for latent defects. The facts were brief; the...
by VDT Attorneys | Nov 21, 2023 | Building, Levies, Property, Sectional Title Scheme
In respect of the payment of levies in the scheme, it is important to differentiate between units that are already registered in the name of the developer and where the developer is the holder of a right to extend the scheme. In the event that units are already...
