oa De Rebus - Tax and exchange control in South Africa - The implications of change
|Article Title||Tax and exchange control in South Africa - The implications of change|
|© Publisher:||Law Society of South Africa|
|Affiliations||1 Cape Town.|
|Publication Date||Jun 1997|
|Pages||423 - 424|
|Keyword(s)||'Avoid' tax, Attorneys and Legitimate tax-planning measures|
Inasmuch as some attorneys are instrumental in assisting a growing number of South Africans to 'avoid' tax by means of perfectly legitimate tax-planning measures and, on some very exceptional occasions, in assisting a smaller number of South Africans in making off with their spoils to offshore destinations surreptitiously, I thought that the raging debate on the relaxation or total extirpation of exchange-control regulations - particularly in light of the Minister of Finance's recent budget speech in this regard - might be of more than passing interest to attorneys.
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