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Le Roux Roelofse
@LRRoelofse
Tax director
Cape Town, South Africa
Joined January 2012
124
Following
109
Followers
40
Posts
Le Roux Roelofse
@LRRoelofse
over 13 years ago
The Minister has sounded a cautionary note that additional taxes may have to be raised to finance expenditures such as the NHI
#budgetSA
Le Roux Roelofse
@LRRoelofse
over 13 years ago
The Minister has sounded a cautionary note that additional taxes may have to be raised to finance expenditures such as the NHI
@DeloitteSA
Le Roux Roelofse
@LRRoelofse
over 13 years ago
On balance, it would seem that the budget has been less taxing than what was feared
@DeloitteSA
#budgetSA
#budget2013
Le Roux Roelofse
@LRRoelofse
over 13 years ago
On balance, it would seem that the budget has been less taxing than what was feared
@DeloitteSA
Who to follow
Bruce Fannin
@BruceFannin
With Harvard House in Johannesburg. Family is important - God is more so!
Le Roux Roelofse
@LRRoelofse
over 13 years ago
Arsenal made profit of £14.9 million last year.Seems pointless to pay tax on money that could be used to improve the player pool
@DeloitteSA
Le Roux Roelofse
@LRRoelofse
over 13 years ago
Arsenal made a profit of £14.9 million last year. Pointless to pay tax on money that could be used to improve the player pool
#budgetSA
Le Roux Roelofse
@LRRoelofse
over 13 years ago
Trusts are in the Minister’s sight
@DeloitteSA
#budget2013
#budgetSA
Le Roux Roelofse
@LRRoelofse
over 13 years ago
It is proposed that the well-established flow-through principle be jettisoned for discretionary trusts
@DeloitteSA
#budgetSA
#budget2013
Le Roux Roelofse
@LRRoelofse
over 13 years ago
Sensibly, draconian penalties for understated taxes introduced recently will be refined to provide relief for bona fide errors
#budgetSA
Le Roux Roelofse
@LRRoelofse
over 13 years ago
Sensibly, draconian penalties for understated taxes introduced recently will be refined to provide relief for bona fide errors
@DeloitteSA
Le Roux Roelofse
@LRRoelofse
over 13 years ago
A withholding tax charge on cross-border service fees is to be introduced from 1 April 2014, subject to tax treaty relief
#budget2013
Le Roux Roelofse
@LRRoelofse
over 13 years ago
A withholding tax charge on cross-border service fees is to be introduced from 1 April 2014, subject to tax treaty relief
@DeloitteSA
Le Roux Roelofse
@LRRoelofse
over 13 years ago
It is proposed that hedge funds be brought within the taxation framework of collective investment schemes in securities.
#budget2013
Le Roux Roelofse
@LRRoelofse
over 13 years ago
It is proposed that hedge funds be brought within the taxation framework of collective investment schemes in securities
@DeloitteSA
Le Roux Roelofse
@LRRoelofse
over 13 years ago
The Minister will resist short-terms solutions that can provide long-term damage.
@DeloitteSA
#budgetSA
Le Roux Roelofse
@LRRoelofse
over 13 years ago
It is welcome that Government is concerned to ensure fiscal sustainability over the long-term
@DeloitteSA
#budgetSA
Le Roux Roelofse
@LRRoelofse
over 13 years ago
Expect transfer pricing to become a very hot topic.
@DeloitteSA
#budgetSA
Le Roux Roelofse
@LRRoelofse
over 13 years ago
Global discontent about multi-nationals’ perceived tax avoidance strategies by shifting profits into low-tax jurisdictions
#budgetSA
Le Roux Roelofse
@LRRoelofse
over 13 years ago
The focus is on broadening the tax base, enforcing tax compliance and keeping South Africa open for business.
@DeloitteSA
#budgetSA
Le Roux Roelofse
@LRRoelofse
over 13 years ago
Doomsday prophesies of major tax hikes appear unfounded.
@DeloitteSA
#budgetSA
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