Foreign pensions in tax crosshairs

National Treasury is going ahead with its plans to tax foreign pensions. This proposal, introduced as part of broader tax reforms unveiled in this year’s budget, aims to eliminate the current exemption. However, tax experts caution that this move could discourage affluent foreign nationals from choosing South Africa as their retirement destination. #dstv403

Click on the link for the full interview: https://www.enca.com/business/foreign-pensions-tax-crosshairs