Day: September 12, 2022

cyber insurance coverage – what you need to know

Journal of Accountancy, by Kevin Brewer August 30, 2022 A cybersecurity specialist Mike Foster has been preventing “bad guys from logging in” for 25 years. In this article he provides help to prepare business owners, CEOs, and IT professionals for the application and renewal process of cyber insurance coverage. Insurance companies ask many questions without …

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Maximum retail price for illuminating paraffin 

The Minister of Mineral Resources and Energy determines a maximum retail price for Illuminating Paraffin (excluding the price of any form of packaging). The maximum retail prices will become effective on the first Wednesday of every month. The single maximum retail price for illuminating paraffin, excluding the price of any form of packaging will be …

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IFAC Action Plan Supports Robust Anti-Corruption Ecosystem

6 September 2022 The International Federation of Accountants (IFAC) issued its Action Plan for Fighting Corruption and Economic Crime to support a robust anti-corruption ecosystem encompassing a diverse array of participants and policies. The Action Plan sets out more than 30 specific actions and provides a framework for how we can enhance the accountancy profession’s role in …

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Binding Class Ruling on hybrid equity interest or third party backed share (BCR 081)

8 September 2022 Income Tax Act, 1962 – Binding Class Ruling: BCR 081 Binding Class Ruling 081 relates to Section 8E and 8EA on hybrid equity interest or third-party backed share. This ruling determines whether a participatory interest held by a class member in a collective investment scheme (CIS) in securities constitutes a “hybrid equity …

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Provisional payment in relation to anti-dumping duty (Notice R.2467)

9 September 2022 Notice R.2467 provides the rates and goods for which provisional payments due in relation to anti-dumping duties against the alleged dumping of new pneumatic tyres of rubber, classifiable in tariff heading 40.11, originating in or imported from the People’s Republic of China – ITAC Report No. 700. You can find Notice R.2467 …

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Notice R.2470 Substitution of form DA 185.4B1 Licensing Client Type 4B1

9 September 2022 Substitution of form DA 185.4B1 Licensing Client Type 4B1 – Special Manufacturing Warehouse in the Schedule to the Rules of the Customs and Excise Act to provide for alcohol powder products (DAR238). You can read the general explanatory note R. 2470 here. You can see form DA 185.4B1 here. Need assistance Email …

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