In a complex commercial environment our tax practice team aims
to provide clear and practical tax solutions.
Our team, working alongside our corporate and commercial
lawyers, integrates tax and legal expertise and market knowledge with an
understanding of our clients' business needs to deliver a holistic service. The
synergies with our merger and acquisition and banking and finance practices
allows for the efficient structuring of transactions, from inception through to
implementation.
Industry expertise is essential to advising clients in an
efficient and commercially orientated manner. We have experience in a range of
industries including the financial services, mining, retail, construction,
property and services sectors.
Due to the complex and regulated nature of their businesses
organisations within the financial services are subject to special tax
provisions. Our team has advised banks, insurers and hedge funds on taxation
matters.
With the increased international emphasis on South Africa as a
base for investment into Africa, transactions involving inbound and outbound
investment have become more common. Our proven track record in cross border
structuring and international affiliations means that Cliffe Dekker Hofmeyr's
tax team is capable of delivering seamless advice at a truly global level.
Some of the areas we focus on include:
- Tax advisory services such as asset disposal and
acquisitions; group analysis and restructuring; financial services taxation;
employee share incentive schemes; new business operations and capital allowance
reviews.
- Tax management advisory services such as tax governance
reviews and assessments; chairing and serving on tax committees; tax risk and
control identification workshops; tax strategy formulation and tax policy
formulation.
- Tax dispute resolution such as responding to SARS queries;
management of a SARS audit process; drafting of objections and appeals;
representation in alternative dispute resolution reviews and tax
litigation
- Independent tax reviews and tax due diligence services such
as tax due diligence reviews; income tax risk identification and assessment;
PAYE risk identification and assessment; VAT risk identification and
assessment; international tax risk review and assessment and CGT risk
identification and assessment.
- International tax advisory services such as inbound and
outbound investment; treatment of foreign exchange differences;
thin-capitalisation; transfer pricing; permanent establishments; controlled
foreign companies; foreign tax credits; double tax agreements
- Tax training services such as tax law updates; Capital Gains
Tax; VAT; International Tax; PAYE; Share incentive schemes; tax management and
governance; corporate restructuring rules and taxation of insurance
companies
