Taxation

South Africa has a residence-based tax system, which means residents are – subject to certain exclusions – taxed on their worldwide income, irrespective of where their income was earned.

Non-residents are, however, taxed on their income from a South African source, but subject to the provisions of international agreements for the avoidance of double tax.

Most of the state’s income is derived from income tax, although nearly a third of total revenue from government taxes comes from indirect taxes, primarily value-added tax.

Mineral Resources

Mineral Resources

South Africa is known for its abundance of mineral resources. It is estimated to have the world's...

Economy

Economy

South Africa is the largest economy in Africa. While much of the world staggered in the wake of...

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