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Withholding tax on interest

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Withholding tax on interest pushed back again

Photo of Riza Moosa
By Riza Moosa on November 17, 2014

Anticipating the widespread effect of the new withholding tax on interest, extensions to its application have been promulgated. The latest Taxation Laws Amendment Bill proposes a further extension of the implementation date to 1 March 2015.

Payments of interest to or for the benefit of a foreign person by a South African borrower will be…

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Norton Rose Fulbright’s financial institutions team provides straightforward legal updates. Our lawyers offer local insights with an international perspective recognised worldwide. This blog focuses on the South African market and is about sharing knowledge with you. Blog posts are not legal advice.

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