Peter Dachs
Executive
Expertise
- Collective Investment Schemes
- corporate finance
- corporate tax
- anglophone africa
WSG Practice Industries
Activity
ENSafrica
South Africa
Peter Dachs is an Executive and Head of ENSafrica’s Tax department. He specialises in financial services, mergers and acquisitions, and international tax. In particular, he advises South African corporates and financial institutions on their domestic tax issues in relation to, among others, group re-organisations, financing, and mergers and acquisitions.
Peter also advises South African multinationals in respect of the South African tax consequences arising from their offshore investments, including profit extraction mechanisms, controlled foreign company planning and transfer pricing advice. In addition, he advises multinationals investing in South Africa in respect of appropriate investment strategies.
Peter has acted for South African and foreign corporates, banks and financial institutions, including insurance companies. He also advises high net worth individuals on their investments, in particular on the tax consequences of South African and offshore trusts.
Peter’s experience also includes advising on exchange control issues in respect of both investments into and out of South Africa.
Peter is an editor of The Taxpayer and has co-authored Silke on International Tax and Broomberg on Tax Strategy. He has lectured on tax at the universities of Cape Town and Stellenbosch.
Education
- BA (Rhodes University)
- LLB (cum laude) (Rhodes University)
- LLM (Cambridge University)
- HDip Tax (University of Cape Town)
- Admitted as an attorney and conveyancer of the High Court of South Africa
- Admitted as a solicitor of the Supreme Court of England and Wales
Will Asset Sale attract Capital Gains or Income Tax?
ENSafrica, March 2020
Given the difference between the effective rate of tax on capital gains and the highest marginal rate of tax imposed on income, in particular for individuals, it is important to determine whether the proceeds from the disposal of an asset are subject to capital gains tax or to income tax. In the Pick ‘n Pay case, the proceeds from the sale of certain shares were found to be capital in nature...
© ENSafrica, 2021
