In February, we introduced some of the key developments from the South African Finance Minister's Budget Speech. In the April issue, we provide some commentary on some of the topical issues.

The current publication has enough content to keep you and your team busy for the next 30 days, just in time for our issue on tax developments in Kenya, Uganda, Nigeria, Botswana and other countries where finance bills have either been tabled in Parliament or enacted recently.

In the publication's current issue, Raeesa provides some commentary on the approval of the submission of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS to the Parliament for ratification.

Interest or similar charges by foreign-related parties or interest on loans facilitated by foreign-related parties remains a topical issue in South Africa. SARS recently published an Interpretation Note dealing with the application of section 31 on such.

Disebo provides commentary on how the draft note interacts with existing Transfer Pricing principles and OECD guidelines. We have analysis from corporate tax colleagues on the limitation of the assessed loss commentary by Godfrey, tax consequences of a sale and leaseback and how recent changes may impact existing agreements by Hulisani. With the recent publication of the Unemployment stats, we also cover developments related to the Learnership Incentive by Alungile.

Introduction by Head of Tax, Khanyisa Cingo-Ngandu