Controlled Foreign Companies

Price:
R422.05 (VAT Incl.)
Level:
Tax Professionals
Sub-level:
Taxation
Lecturer:
Carmen Westermeyer
Duration:
120 Minutes
Additionals:
   CPD Assessment
   Certificate

Lesson Outline

Globalisation is an ever-increasing reality, especially in South Africa. With more operations expanding into the global economy, the technical details of offshore transactions becomes ever more relevant to all.

This session aims to look at the criteria, calculations and pitfalls of s9D, so that you can remain compliant.

The aim of this session is to break down the core concepts of controlled foreign companies for all parties.

 This will include:

  1. Who is a CFC?
  2. What does it mean to be a CFC?
  3. Calculation of net income
  4. Exemptions and deductions available
  5. Changes proposed by Treasury and the possible way forward