n Business Tax and Company Law Quarterly - Related-party transactions - there be dragons!

Volume 1, Issue 1
  • ISSN : 2219-1585


A significant number of transactions takes place daily between related parties. Both the Income Tax Act and the Value-Added Tax Act contain specific anti-avoidance provisions that seek to prevent related parties from deriving any perceived tax benefit from this relationship. Unfortunately, many of these provisions are also a trap for the unwary in that they may apply regardless of whether the affected transaction was entered into with a tax avoidance purpose. This article seeks to highlight the most widely applicable related-party provisions so as to help taxpayers avoid any unintended tax outcome.

Loading full text...

Full text loading...


Article metrics loading...


This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error