What Is a Double Tax Agreement and How Does It Work? When individuals or businesses earn income across borders, they may be subject to tax in more than one country. This can lead to a situation known as double taxation—where the same income is taxed twice. To prevent this, countries enter into Double Tax Agreements…
Report: Understanding SITUS Tax, DTAs, and Estate Duty Treaties for South African Tax Residents Holding Foreign Assets For South African tax residents with global investment portfolios, understanding the implications of SITUS-based taxation is essential to effective estate planning. While South Africa levies estate duty on worldwide assets of its tax residents, this does not shield…