South Africa Issues Statement on Taxation in the Digitalised Economy

The South African Ministry of Finance has issued a statement following the 4th African Tax Administration Forum (ATAF) High-level Tax Policy Dialogue, which was held virtually on 26 and 27 August 2020, including discussions on taxation in the digitalized economy and the impacts of the COVID-19 pandemic. This includes that South Africa has opted not to introduce any unilateral measures to deal with the direct tax treatment of the challenges of the digital economy, for now, but rather will wait…