This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.

Bookmark Email Print page

Australia-Africa Services Group

Tax Advisory and Compliance

The AASG provides the full suite of services associated with tax advisory and compliance but with a specific
focus on operations in or investment into Africa by Australian entities. These functions may include

International tax planning and structuring advice including:

  • Advice on the interaction of African tax regimes with the Australian tax regime
  • Negotiation of tax regimes/concessions with African governments
  • Minimisation of the impact of Australian CFC legislation
  • Minimisation of taxes on cross-border dividend, interest and royalty flows between Africa and Australia
  • Tax implications on exiting the African investment 
  • Use of tax treaty networks in Africa to minimise taxes
  • Choice of investment vehicle in the African country
  • Design and implementation of optimal holding and operating structures to ensure minimisation of taxes at low risk
  • Structuring cross-border share schemes and other forms of executive remuneration and retirement funding in a cross-border context 
  • Transfer pricing advice
  • Capitalisation of African operations and attendant thin capitalisation provisions
  • Merger and acquisition advice including the
    international tax aspects of due diligence reviews

Global employer services covering advice on employment issues including:

  • International assignment services including tax and immigration advice where employees move
    between Australia and the African countries
  • Tax and immigration compliance management
  • General human capital advice covering remuneration structuring and other issues
  • Available R&D incentives
     - Australian projects
     - For Australian activities on overseas projects
  • Exchange control advice in African countries
  • Indirect tax planning
  • Customs and excise advice

Advice on up-to-the minute tax issues currently arising in African countries or which may arise in the future which could impact the Australian investor. Examples of this include:

  • Existing and impending Mining Royalty legislation in various African countries
  • Requirement to have a local partner in the African country – such as BEE requirements in Namibia
  • Possible future application of transfer pricing principles to inter-company loans into and out of Mauritius
  • Namibia recently passed new tax legislation denying the deductibility of provisions for rehabilitation expenditure
  • South Africa has replaced its secondary tax on companies (where the company is taxed at 10% on dividends declared) with a 10% dividend witholding tax where the shareholder pays the tax instead of the company
  • Burkina Faso is considering offering more tax concessions to foreign mining companies to encourage investment in the mining sector
  • Tax compliance.

Related links

Share

 
Follow us



 

Talk to us