Can I open offshore company/trust in tax-haven countries to avoid paying full tax in SA?
By Marc Sevitz · Updated
Is it LEGAL or ILLEGAL?
Can I open offshore company/trust in tax-haven countries like Mauritius to avoid paying full tax in South Africa?
I would like to know is it legal or illegal as per SARS code of conduct?
waiting for reply.
This is a very complicated area of tax and you should consult a tax attorney about these matters to avoid falling foul of the income tax act.