Current Issues Facing Corporate Taxpayers in 2021

Overview

As we all know, tax is a constantly evolving space where no two tax returns will ever look the same. One’s approach in corporate tax cannot be stagnant and must include preparation for potential bumps in the road, detours necessary, dead ends ahead and making U-turns.

Course content

The aim of this session is to look at current hotspots for corporates, including:

• Proposed changes to corporate restructuring rules.
• Progress on the proposed interest deduction limitation.
• Changes to the IT14 and how this would impact reporting.
• A reminder of the tax responsibilities of representative taxpayers.

While this session will look at some of the detail surrounding the IT14, it is primarily aimed at tax professionals who are responsible for the tax affairs of companies.

Who should attend?

• Tax technicians, tax accountants and tax managers involved in the tax computation of corporate taxpayers.
• Persons involved in the finance functions of businesses would also need to have an awareness of the current corporate tax hotspots as this could impact decision-making. This includes financial managers and financial directors.
• Business owners will need to stay abreast of changes in the tax environment to properly structure and plan transactions.
• Lawyers and attorneys directly or indirectly involved in taxation will benefit from staying up-to-date with the current issues faced by corporate taxpayers.

Presenter

Carmen Westermeyer

BCom(Honours Accounting) [UND] CA(SA)
 
Carmen Westermeyer graduated in 2001 from the University of Natal, Durban (now UKZN), with a BCom Honours degree in Accounting and completed her articles with PwC in 2004. She has been a member of SAICA since then.

Carmen stayed with PwC for a year as Assistant Manager, venturing into the world of commerce in 2006. In 2008, she was appointed as a lecturer at UKZN and coordinated the Taxation 300 course until December 2010. From 1 January 2010, Carmen took over the role of Academic Leader for the Taxation Department, as well as the coordination of the Postgraduate Taxation Programme. During her time as Academic Leader she had numerous opportunities to liase with SAICA on issues relating to the ITC, as well as being a member of the Tax Committee.

In December 2012 she started running ad hoc training courses for members of the profession. From December 2013, she moved into commercial training and consulting on a full-time basis. She has been involved in various training activities, such as the SAICA SMP training in 2014 and the FASSET Budget and Tax Update in 2015 and 2016.

CPD

This event and successful completion of the online assessment will secure 4 hours verifiable output Tax CPD points.