South Africa releases draft guidance on thin capitalization

April 2013

Overview

The South African Revenue Service on March 22 issued long-awaited guidance on the thin capitalization provisions of the South African Income Tax Act. The draft interpretation note could affect US multinationals with debt-funding into South Africa. The key features of the note are summarized below.

Contact us

Tim Anson
ITS Co-leader
Tel: +1 (202) 414 1664
Email

Rob DeGaudenzi
ITS Leader - New York Metro
Tel: +1 (646) 471 0645
Email

Follow us