In this episode of the OFM Business Hour, John-Paul Fraser, Team Lead for Cross-Border Tax, provides expert insights into the ongoing debate around Wealth Tax in South Africa and its potential implications.
Key discussion points include:
00:40 – 01:57 The economic challenges a Wealth Tax could present for the country.
01:58 – 03:14 Critical aspects missing from the current conversations on Wealth Tax.
03:15 – 04:21 How many individuals, including high-net-worth individuals, have ceased their tax residency in the past five years.
04:22 – 05:58 John-Paul’s perspective on Wealth Tax and possible alternatives that may be raised in the Budget Speech.
Stay informed on this crucial tax discussion. Listen the full interview here.
Click here to read more on our latest article about wealth tax: https://bit.ly/4kXmkb9
#WealthTax #TaxCompliance #FinancialEmigration #OFM
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