Income earned by non-resident entertainers and sportspersons
ID:CVINE
Video Overview
Non-resident entertainers and sportspersons are not taxed in the same way as other non-residents. They are taxed using a withholding tax system that came into effect in 2006. Previously, foreign entertainers and sportspersons were taxed on income derived from their performances in South Africa on a similar basis to South African residents. For example, if a golf player won a tournament in South Africa, the prize money was included in his gross income and he had to pay tax on it using the marginal tax rates. However, this system proved to be impractical in light of these people’s very short stays in the country. In this video we will explore how the withholding tax system works.
Member Area
UNREGISTERED? - CHOOSE A PLAYLIST TICKET
Please note
Internet access is required to view this product. You will be required to stream the online videos, which means you will incur data charges. Charges fluctuate depending on the length and complexity of the video.
These subscriptions will auto renew. E-mails will be sent to you 10 days before as a warning that it's about to auto renew. If you wish to cancel a subscription, you can visit 'Member Area - My Tickets and Subscriptions', where you can exercise the option to cancel.