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South Africa Publishes Updated Guide on Taxation of Franchisors and Franchisees

|Approved Changes|South Africa
South Africa

The South African Revenue Services (SARS) has published an updated Guide on the Taxation of Franchisors and Franchisees (Issue 2), which is dated 16 August 2021. The aim of the guide is to assist in clarifying uncertainties that may arise on the application of the income tax laws to a franchise arrangement, with a focus mainly on transactions between franchisors and franchisees that are reside…

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