International Tax and Tax Treaties
By Marc Sevitz · Updated
I earn international income as an individual (not a registered company ) on a monthly basis, what type tax will I be liable for in South Africa? Will I have to pay standard income tax in South Africa?
I earn this whilst in South Africa and not abroad as a monthly commission payout. How does tax treaties apply to foreign income or will this not be applicable to individuals?
You are earning income in South Africa, as a resident, whilst based in SA. Therefore you will be taxed on your worldwide income. Do you pay tax in that country where you earn the money from?
Thank you for the response. Currently I dont pay tax in the country ( Indonesia ) I earn the money from. However I am able to structure it this way if need be.
What is the worldwide income tax rate in South Africa?
Would it be best to pay the tax in Indonesia?
Should I pay tax in Indonesia will I be exempt from paying income tax in South Africa?
What is the worldwide income tax rate in South Africa?
Would it be best to pay the tax in Indonesia?
Should I pay tax in Indonesia will I be exempt from paying income tax in South Africa?
If there is any tax to be paid in Indonesia then you will only be able to use this as a credit or deduction against the tax in SA. However you are still subject to normal taxes as a South African earning Rands in SA would be according to the SARS tax rates 2014