Please note this event has been postponed
Last week we understand the President referred the 2023 Income Tax and Tax Procedures Code Amendment Acts back to Parliament for reconsideration of a number of significant omitted or amended clauses, including:
restriction on the carry forward of losses
digital services tax
removal of unit trusts from the definition of a company
ordering rule for the application of payments against principal tax
In addition we have yet to see the Excise Duty Amendment Act (including the new or expanded rates on cash withdrawals and mineral water) or any provisions reflecting the proposed 10% withholding tax on commissions paid to agent bankers.
In light of these uncertainties, we have reluctantly decided to postpone our webinar on the 2023 tax amendments until the final changes have become more concrete.
We will let you know as soon as we are able to reschedule the event.
Please accept our apologies for any inconvenience and thank you for your understanding.
If you have any questions, please do not hesitate to reach out to us.
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