Tax Law

South Africa has a residence-based income tax system which has the effect that a resident’s worldwide taxable income is subject to income tax in South Africa and a non-resident’s taxable income from sources within South Africa is subject to tax in South Africa. Government has entered into tax treaties with various countries, to prevent the same income from being taxed in both countries. Should the same income be taxed in both countries, a credit will generally be allowed in the country of residence.