- Published on
- by Lucien Pierce
Recent research indicates that Mobile TV services (television content broadcast to cellphones) will grow from its current 6.4 million to 500 million subscribers worldwide by the end of 2010.
News and Articles
Recent research indicates that Mobile TV services (television content broadcast to cellphones) will grow from its current 6.4 million to 500 million subscribers worldwide by the end of 2010.
Section 31 of the ITA provides special anti-avoidance rules to regulate certain international transactions and this article intends to define and explain the two concepts referred to in this Section of the ITA being transfer pricing and thin capitalisation.
This right, like all other fundamental rights, is not absolute for various reasons which are in the greater interest of the general public. Section 36 of the Constitution stipulates the grounds, which I will not go into here, upon which rights can be limited.
“The SA Companies Act has been in existence since 1973 and it is outdated. It contains little on corporate governance, transparency, accountability, modern merger methods and minority shareholder protection.”
The electronic communications industry has been abuzz recently with discussions on whether or not value added network service providers[1] (“VANS”) will be permitted to provide their own infrastructure[2] (“self-provide”) under the current draft of the Electronic Communications Bill (“the Bill”).
This is the first of a series of short articles on the anti-avoidance provisions of the Income Tax Act[1] (“the ITA”) including specifically the provisions of section 31 (which deals with thin capitalisation), together with its effect on section 64C (3) (e) of the ITA.