South Africa’s new “e-commerce tax”, to be introduced on 1 April, will mean education institutions will struggle to purchase academic journals. It is already difficult for South Africans to access international academic journals. The most prestigious, which contain the world’s leading research, charge – usually in dollars, pounds or euros – for article
Browsing: Anne Bardopoulos
The move by national treasury and the South African Revenue Service to force foreign suppliers of downloadable digital goods and services to register to pay value-added tax in South Africa makes complete sense, but some administrative issues must still
South African Internet users purchasing goods, especially virtual services and content, from international suppliers are hurting the fiscus and making local businesses less competitive. That’s the view of a tax specialist at auditing firm Deloitte, who says VAT is seldom levied on these purchases